Innovation and Networks Executive Agency

€40 million of European Investment to support CEF Synergy projects in Transport and Energy

Creation date: September 28, 2016

The European Commission and the Innovation and Networks Executive Agency (INEA) launched an innovative call for proposals under the CEF programme today to support projects fostering synergies between the transport and energy infrastructure sectors. The 2016 CEF Synergy Call makes €40 million available to projects supporting the deployment of sustainable and efficient transport and energy infrastructure.


EU Commissioner for Transport Violeta Bulc stated: "With this Connecting Europe Facility call, we aim to bridge the gap between transport and energy. Transport in the EU depends on oil for about 94% of its energy needs. Supporting the transition to low-emission alternative energy is therefore imperative to reach the EU's decarbonisation objectives and to create a resilient energy union."


Her comments were echoed by Miguel Arias Cañete, EU Commissioner for Climate Action & Energy, who noted: "It is vital to develop synergies between energy and transport infrastructure to deliver more with greater efficiency. With this very first common call for proposals we will ensure smart use of EU funds when striving to meet our long-term decarbonisation objectives."


In order to achieve synergies, the funding will be aimed at projects fulfilling the following objectives:

Transport sector

  • Ensuring sustainable and efficient transport systems by supporting a transition to innovative low-carbon and energy-efficient transport technologies and systems, while optimising safety.

 

Energy sector

  • Increasing competitiveness by promoting the further integration of the internal energy market and the interoperability of electricity and gas networks across borders. 
  • Supporting projects promoting the interconnection of networks in the Member states and removing internal constraints; 
  • Decreasing energy isolation; 
  • Increasing the interconnectivity in electricity and achieving price convergence between the energy markets.

 

Support will be granted on a competitive basis in the form of EU co-financing (60% of eligible costs), following a thorough evaluation and selection process. Applicants have until 13 December 2016 to submit their proposals. The outcome of the calls will be published by April 2017.

 

Background
The Connecting Europe Facility (CEF) is a key EU funding instrument to promote growth, jobs and competitiveness through targeted infrastructure investment at European level. It supports the development of high performing, sustainable and efficiently interconnected trans-European networks in the fields of transport, energy and digital services.


Under the CEF, €22.4 billion will be made available from the EU’s 2014-2020 budget to co-fund transport projects in the EU Member States whilst €4.7 billion will support projects in the energy sector. The funding is implemented in the form of grants, managed by INEA, and through financial instruments.

 

For more info
Call webpage

The Innovation and Networks Executive Agency (INEA) will organise a Synergy virtual Info Day on Monday 10 October 2016.

 

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