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The European Union is currently financing electricity and gas transmission infrastructure projects of European interest. A yearly budget of about € 25 million is spent mainly for supporting feasibility studies. Most of the projects are cross-border or have an influence on several EU Member States.
The guidelines on Trans European Energy Networks (TEN-E) specify which projects are eligible for funding. The financial rules specify the financial procedures involved.
The call for applications for funding is open in the first quarter of each year. Applications are made by promoters of eligible projects, like electricity and gas transmission companies, investors in LNG facilities and gas storages. Projects need to be supported by the Member States involved.
The TEN-E are integral to the EU’s overall energy policy objectives
The Trans European Energy Networks are integral to the European Union’s overall energy policy objectives, increasing competitiveness in the electricity and gas markets, reinforcing security of supply, and protecting the environment.
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On 19 October 2011, the European Commission unveiled its proposal for a regulation on "Guidelines for trans-European Energy infrastructure". The regulation, once into force, will replace the current TEN-E framework. | ![]() |