Creation date: May 24, 2018
A grant agreement releasing €33,1 million of EU funding from the Connecting Europe Facility (CEF) to carry out preparatory studies and surveys as well as pre-construction activities for the Baltic Pipe Project was officially signed today.
The signature ceremony took place in the margins of the Energy Infrastructure forum, in the presence of Commissioner Arias Cañete and Lars Christian Lilleholt, Minister for Energy, Utilities and Climate of Denmark, Egidijus Purlys, Deputy Minister of Energy of the Republic of Lithuania, Piotr Naimski, Plenipotentiary of the Government of the Republic of Poland for Strategic Energy Infrastructure, and Michał Kurtyka, Deputy Minister of Energy of the Republic of Poland.
The Baltic Pipe Project
The Baltic Pipe Project is a gas infrastructure project with the goal of creating a new gas supply corridor in the European market. The new pipeline will allow transport of gas from Norway to the Danish and Polish markets, as well as to end-users in neighbouring countries. At the same time, it will enable the supply of gas from Poland to the Danish and Swedish markets.
The construction of this new pipeline is an EU Project of Common Interest (PCI) and parts of this project - analysis of economic feasibility and technical feasibility study and other preparatory studies - are co-financed by CEF Energy. The completion of these studies will prepare a solid basis for taking further crucial steps towards the Final Investment Decision (FID) to start the construction phase of the project. The pipeline is planned to become operational in October 2022.
The Energy Infrastructure Forum
The annual Energy Infrastructure Forum is a platform for exchange of views between policy-makers and stakeholders. The forum was set up as part of the Energy Union strategy, and its aim is to remove technical and regulatory barriers to energy flowing freely across the EU, and discuss major issues relating to infrastructure and EU energy policy.
The fourth edition of the forum takes place on 24-25 of May 2018 in Copenhagen. This year’s edition was opened by the European Commissioner for Climate Action and Energy, Miguel Arias Cañete who said that a solid and modern energy infrastructure is a must in the EnergyUnion. On the first day, the forum hosted the Renewables Grid Initiative Award ceremony, which rewarded outstanding projects in the field of communication, technology and environmental protection that foster increased public acceptance and trust in energy infrastructure. An important connection agreement was also signed during the first day - project promoters agreed to invest into Gas Interconnection Poland-Lithuania (GIPL) thus starting a construction stage of the project. The construction of GIPL is also co-funded by CEF Energy.
On the second day, there will be several working sessions and INEA's Director Dirk Beckers will open the session on monitoring the implementation of PCIs towards speeding the completion of the Internal Energy Market.
Would you like to follow the event? Check INEA tweets or follow #energyIF2018.
INEA has prepared a new publication for the event: take a look at the "CEF Energy - supported actions" brochure giving an overview of CEF Energy funding.
The CEF Energy programme
The CEF programme in the field of energy provides funding to infrastructure projects in electricity, natural gas and smart grids with the aim to better interconnect energy networks towards a single energy market in Europe. The programme supports the key objectives of the Energy Union by promoting further integration of the internal energy market, enhancing security of energy supply and integrating energy from renewable sources into the network. €900 million will be made available in 2018 to finance PCIs in the sectors of electricity, smart grids, cross-border carbon dioxide networks and gas.