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European Climate, Infrastructure and Environment Executive Agency
  • News article
  • 22 November 2024
  • European Climate, Infrastructure and Environment Executive Agency
  • 1 min read

CEF Energy: 74 projects requesting approximately €4 billion under the PCI & PMI calls

PCI PMI

CINEA has received 74 project proposals requesting approximately €4 billion of funding for works and studies of cross-border infrastructure projects under the Connecting Europe Facility for Energy (CEF Energy). The submitted proposals represent a total of 18 countries and cover the sectors of electricity, smart grids, gas, hydrogen and cross-border CO2 networks.

With a total budget of €850 million, the calls will support works and studies that enable Projects of Common Interest (PCIs) and for the first time also Projects of Mutual Interest (PMIs) to be implemented within the framework of the deployment of trans-European networks in the energy sector.

17 project proposals for works have been submitted. Works include the purchase, supply and deployment of components, systems and services including software, the development, construction and installation activities relating to a PCI or PMI, the acceptance of installations and the launching of a PCI or PMI.

57 project proposals for studies have been submitted. Studies include activities needed to prepare PCI or PMI implementation, such as preparatory, mapping, feasibility, evaluation, testing and validation studies, including in the form of software, and any other technical support measure, including prior action to define and develop a PCI or PMI and decide on its financing, such as reconnaissance of the sites concerned and preparation of the financial package.

What’s next?

The proposals which have passed the admissibility and eligibility scrutiny are being evaluated against the specific award criteria of the call. The entire evaluation process is expected to be concluded by February 2025 at the latest after which the results will be announced.

The aim is to select projects that contribute to build well-integrated energy infrastructure networks, that are needed for the energy transition, as they facilitate the integration of renewable energy, enhance security of supply, and help keep energy prices in check. The allocation of CEF funds therefore supports the implementation of the European Green Deal and is in line with the REPowerEU Plan, which outlines a plan to make Europe independent from Russian fossil fuels by 2030.

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