“As a crucial element of our overall energy and climate strategy, we need to ensure that our energy infrastructure is sustainable, goal-oriented, and operational,” Climate Action and Energy Commissioner Miguel Arias Cañete said. “With almost two thirds of today’s investment decision devoted to electricity, we are delivering on our promise to align EU funding with our political ambition to deliver the clean energy transition. We continue to invest in the right energy infrastructure projects, which are essential to the EU’s clean energy transition and security of supply.”
Cañete welcomed the support given to the Baltic electricity synchronisation project, which will help materialise the Baltic States’ ambition to integrate their electricity system with continental Europe and improve the security of supply in the Baltic region.
Full article available: https://www.neweurope.eu/article/member-states-approve-investment-for-eu-energy-infrastructure/