Innovation and Networks Executive Agency
INEA
Creation date: October 31, 2019
The European Commission has adopted on 31 October 2019 the fourth list of Projects of Common Interest (PCI) for implementing cross-border energy infrastructure in the EU. The list contains 151 projects: 102 electricity transmission and storage, 6 smart grid deployment, 32 gas, 6 oil and 5 cross-border carbon dioxide networks.
The PCIs are key infrastructure projects aimed at completing the European energy market in order to help the EU achieve its energy policy and climate objectives: affordable, secure and sustainable energy for all citizens, as well as the long-term decarbonisation of the economy in accordance with the Paris Agreement.
Projects selected as PCIs can automatically benefit from many advantages stemming from the Trans-European Network - Energy (TEN-E) Regulation, including an accelerated permit granting and improved regulatory treatment. Projects on the list can also apply for financial support under the Connecting Europe Facility (CEF). CEF Energy has a grant budget of €4.7 billion for the period 2014-2020 and has been set up to support studies and construction works in the areas of gas, electricity and smart grids. Grants are awarded through competitive calls for proposals managed by the Innovation and Networks Executive Agency (INEA).
The Delegated Act containing the fourth PCI list adopted today will be submitted to the European Parliament and the Council for a two-month non-objection period, extendable once.
MEMO on the projects of common interest (PCIs) in energy
