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Commission boosts energy interconnectivity across Europe and beyond by supporting 235 cross-border projects

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The Commission has granted status to 235 cross-border energy projects as Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs). The project will be eligible to apply for funding from the Connecting Europe Facility (CEF) and will benefit from expedited regulatory processes for swift execution.

These projects aim to strengthen interconnectivity across Europe and with neighbouring countries, enhancing the EU's competitiveness, supporting decarbonisation, and improving energy security and independence. With this list, the EU takes another step towards the completion of the Energy Union.

The newly PCIs and PMIs, the second under the revised Trans-European Networks for Energy Regulation, include projects in electricity, hydrogen, carbon transport infrastructure and smart gas grids projects. With investment needs for European energy infrastructure estimated to reach €1.5 trillion over the period 2024-2040, these projects will contribute to reach the needs identified for 2040.

The Commission will further accelerate the development of energy infrastructure in Europe by presenting the European Grids Package by the end of the year, and elaborate on how to tackle bottlenecks by presenting the Energy Highways initiative, launched by President von der Leyen in her latest State of the European Union address.

This week the European Commission is hosting the PCI Energy Days, which are dedicated to the practical implementation of PCIs and PMIs. Commissioner for Energy and Housing Dan Jørgensen will participate in the event.

More information is available in the press release and in the questions and answers.

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