MEPs called for funding guidelines for key energy projects and improved storage solutions to better match the EU's ambitious climate goals.
During July’s plenary session, MEPs called for a revision of funding guidelines for cross-border, trans-European energy infrastructure projects to bring them into line with EU climate policy.
MEPs called for a boost to energy storage solutions to help increase the share of renewables in the EU energy mix. New battery technologies, thermal storage and green hydrogen could play a crucial role in reaching the Paris Agreement goals and ensuring a constant energy supply.
Trans-European Networks for Energy (TEN-E)
The Trans-European Networks for Energy (TEN-E) aim to link the energy infrastructure of EU countries. It identifies projects of common interest where countries can work together to develop better-connected energy networks and provides funding for new energy infrastructure.
The policy is being reviewed to ensure it is in line with the climate neutrality objective of the European Green Deal.
- Key cross border infrastructure projects linking energy systems of EU countries
- Projects on this list can benefit from simplified permits and the right to apply for EU funding from the Connecting Europe Facility
- The aim is to guarantee affordable, secure and sustainable energy for all and to achieve decarbonisation of the economy in line with the Paris agreement
- The list of projects is reviewed by the European Commission every two years
EU support for so-called energy corridors or electricity, gas, oil, smart grids and carbon dioxide networks aims to connect more isolated regions, ensuring undisrupted delivery of electricity and gas to all parts of the EU. The aim is also to strengthen cross-border interconnections, help integrate renewable energy and increase local storage capacity.