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EU invests 873 million euro in clean energy infrastructure

The funding comes from the Connecting Europe Facility, the EU support programme for trans-European infrastructure
  • February 12, 2018 19:00, 1872 impressions
  • Author Monika Dimitrova
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Source: Pixabay

EU Member States agreed on the Commission's proposal to invest €873 million in key European energy infrastructure projects. Europe's transition to a clean and modern economy is the goal of the Energy Union, a priority of the Juncker Commission. The aim is to adapt the European infrastructure to the future energy needs.

Properly interconnected electricity lines and gas pipelines form the backbone of an integrated European energy market anchored on the principle of solidarity. Thus, supporting 17 selected electicity and gas projects, signals Europe's willingness to upgrade and make the EU energy system more competitive that will ultimately deliver cheaper and secure energy to all European consumers.

 Source: europa.eu