The EU Commission has released almost 600 million euros in funding to strengthen cross-border cooperation in the energy industry.
The eight projects funded by the EU are projects to expand the energy infrastructure in which at least two member states are involved. The EU budget has 5.8 billion euros available for this from the Connecting Europe Facility (CEF) program. All projects are classified as "projects of general European interest" (PCI) and contribute to the EU's climate goals, said Commission spokesperson Tim McPhie in Brussels.
The largest sums will go to projects for the disposal and transport of carbon dioxide: the "D'Artagnan" platform for exporting CO2 in the port of Dunkirk will receive 189 million euros in funding from Brussels, while a 200-kilometre CO2 pipeline and the associated terminal in the port of Rotterdam will receive 157 million euros. The "Northern Lights" initiative is being funded with 131 million euros. The joint venture between the energy companies Equinor, Total and Shell aims to collect CO2 in EU countries and Norway and store it off the Norwegian coast. A CO2 interconnector in the port of Gdansk will receive 2.5 million euros in CEF funding. These projects make an important contribution to the development of a European carbon value chain, according to the justification in Brussels.
Germany and the Czech Republic will receive a further 100 million euros for the Gabreta project. The digitization of the interconnector between the two countries is intended to improve the conditions for the digitization of distribution grids. Romania will also receive 12.8 million euros for the construction of a gas storage facility to increase security of supply in the region.
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