EU Commission presents funding list – also with gas projects
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BRUSSELS (dpa-AFX) – The European Commission wants to continue promoting certain energy-gas projects. On Friday the Brussels authority published a new list of so-called Projects of Common Interest (PCI). The list includes projects to expand power grids and systems for carbon storage, as well as gas pipelines. The list is explosive because PCIs can be approved and funded with EU funds faster.
The commission lists a total of 98 projects: 67 projects to expand electricity networks or to store electricity, 20 gas projects, six projects for CO2 infrastructure and five projects to make energy networks more intelligent and digital – so-called “smart” networks.
According to the Commission, the projects were selected because they either expand networks, improve competition, contribute to energy security or sustainability. They should also work in at least two Member States.
The Commission noted that no new gas projects had been added to the list as they were already on the previous list. Nevertheless, environmental activists and MPs from the Greens and the Left had previously strongly criticized the register. According to Cornelia Ernst (Linke), 13 billion euros would now be invested in natural gas projects. “The funds should be better invested in the expansion of renewable energies and the associated infrastructure,” said Ernst last week.
The EU states and the European Parliament now have two months to accept or reject the list./dub/DP/ngu
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