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EU invests €444 million in key energy infrastructure

EU Member States agreed on the Commission's proposal to invest €444 million in key European energy infrastructure projects.

EU Member States agreed on the Commission's proposal to invest €444 million in priority European energy infrastructure projects. The 18 selected electricity, smart grids and gas projects will contribute to achieving the Energy Union's goals by connecting European energy networks, increasing security of energy supply, and contributing to the sustainable development by integrating renewable energy sources across the EU.

A smart grid project (SINCRO.GRID project) that will lead to more efficient use of the existing electricity transmission grid in both Slovenia and Croatia will receive financial support (of €40 million). This will enable current infrastructure to cope with the uptake of additional renewable energy and result in greater energy security without the need to build new overhead cables.

European Commission's Press release

SINCRO.GRID project's web page.

 

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