A grant agreement releasing €323 million of EU funding from the Connecting Europe Facility (CEF) to carry out phase 1 of the synchronisation of the Baltic States’ electricity network with the Continental European Network (CEN) was officially signed this week.
Today the Commission is releasing €750 million of funding for key European energy infrastructure projects with major cross-border benefits. Supporting the construction of necessary infrastructure, contributes to the Commission’s energy policy priorities of improving energy security, whilst giving consumers more choice, and spurring economic growth and jobs. These interconnections are also essential for renewable energy sources to thrive and make Europe world number one in renewable energy.
In the margins of the PCI Energy days on 19 March 2019 in Brussels, the Connecting Europe Facility (CEF) grant was signed to support the first phase of investments necessary for the synchronisation of the Baltic States’ electricity network with the European system
Update – the letter to the Member State is available in the Case register.
The security of European natural gas supplies has rarely been far off the political agenda. New gas pipeline and LNG projects command high levels of attention, particularly in the context of the European Union’s growing need for imports: its own production is declining; around 100 billion cubic metres (bcm) of long-term contracts expire by 2025; and there is some upside for gas consumption – at least in the near term – as coal and nuclear plants are retired.
A summary of the policy debate is now available.
Dr Birol met with Minister of Natural Resources Mr Amarjeet Sohi to discuss the important role that Canada plays in both strengthening global energy security and accelerating action on sustainable energy policies and technologies.
With the aim of identifying the key issues and exploring the future of nuclear power, the International Energy Agency held a workshop on 25 February on the role of nuclear power in a clean energy system.