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Belgium : EU to invest EUR873m in clean energy infrastructure
Publish Date : 31-Jan-2018
The European Union will invest EUR 873m in green energy infrastructure, including new power connections for the transportation of wind energy in Germany.
Seventeen power and gas projects have been chosen for funding via the Connecting Europe Facility.
Of the projects, 8 are in power sector and include EUR 70m for Germany to allow building works to start on the SuedOstLink.
The project will consist of 580km of high-voltage underground cables to link wind power produced in the north of the country to customers in the south.
An EUR 578m grant will also be assigned to the construction of the Biscay Gulf France-Spain interconnection. The new link will boost the interconnection capacity between the countries to 5GW from 2.8GW.
Nearly EUR 27m will also be assigned to build a 400kV internal power line between Cernavoda and Stalpu, which will help expand the interconnection capacity between Romania and Bulgaria and help integrate wind power from the Black Sea coast.
Commission vice-president for Energy Union Maros Sefcovic stated: Once more we demonstrate that cooperation and solidarity pays off and that the Energy Union is becoming a reality with tangible impact on the ground. These are important projects with major cross-border benefits and by implementing them we strengthen energy resilience of EU Member States. The Connecting Europe Facility has yet again shown tremendous added value in the modernisation of the European economy.