15

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Connecting Europe Facility 2021-2027: Financing key EU infrastructure networks

17-06-2020

The EU supports the development of high-performing, sustainable and interconnected trans-European networks in the areas of transport, energy and digital infrastructure. It set up the Connecting Europe Facility (CEF) as a dedicated financing instrument for the 2014-2020 period, to channel EU funding into the development of infrastructure networks, help eliminate market failures and attract further investment from the public and private sectors. Following a mid-term evaluation, the European Commission ...

The EU supports the development of high-performing, sustainable and interconnected trans-European networks in the areas of transport, energy and digital infrastructure. It set up the Connecting Europe Facility (CEF) as a dedicated financing instrument for the 2014-2020 period, to channel EU funding into the development of infrastructure networks, help eliminate market failures and attract further investment from the public and private sectors. Following a mid-term evaluation, the European Commission proposed to renew the programme under the next long term EU budget. Negotiations between the Council and the European Parliament on the content of the proposal reached a partial provisional agreement, leaving aside the budget section and the questions relating to third countries. The agreement was approved by EU ambassadors and adopted by the Parliament at first reading on 17 April 2019. Discussions in the Council on the EU's 2021-2027 budget resumed when the Finnish Presidency of the Council published its ‘negotiating box’ in December 2019 and then with the proposal put forward in February 2020 by the President of the European Council, Charles Michel. However, Member States have not yet reached an agreement. In reaction to the coronavirus crisis and to the demand of the European Council, the Commission proposed an EU recovery fund and the adjusted Multiannual Financial Framework on 27 May 2020, also modifying the amounts to be allocated to the 2021-2027 CEF programme. Fourth edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Measures to advance the realisation of the trans-European transport network: Integrated and faster project procedures

04-03-2019

With the trans-European transport network (TEN-T) policy, the European Commission seeks to develop a modern, efficient and climate-friendly network covering all transport modes. Despite the TEN-T's importance for the economy and society, and despite the binding timelines and targeted financial support, it risks not being completed as planned. This is partly due to complex administrative procedures linked to permit-granting for cross-border projects as well as broader regulatory uncertainty, often ...

With the trans-European transport network (TEN-T) policy, the European Commission seeks to develop a modern, efficient and climate-friendly network covering all transport modes. Despite the TEN-T's importance for the economy and society, and despite the binding timelines and targeted financial support, it risks not being completed as planned. This is partly due to complex administrative procedures linked to permit-granting for cross-border projects as well as broader regulatory uncertainty, often resulting in delays and increased cost. To speed up the network's completion, the Commission has proposed measures to integrate and shorten permit-granting for projects, and facilitate public consultations and the involvement of private investors. On 3 December 2018, the Transport Council stated that much remains to be resolved before an agreement on the proposal becomes possible. The European Parliament’s Committee on Transport and Tourism adopted its report on 10 January. The Parliament adopted its first-reading position in plenary on 13 February 2019. Trilogue negotiations with a view to an early second-reading agreement could thus take place in the new term once Council has agreed its position.

Establishing the Connecting Europe Facility 2021-2027

13-11-2018

This initial appraisal assesses the strengths and weaknesses of the European Commission's impact assessment accompanying its proposal for establishing the Connecting Europe Facility (CEF) for the 2021-2027 period. CEF is an EU funding instrument designed to promote and part-finance the construction of pivotal cross border transport, energy and telecommunications infrastructure links between the EU's Member States. The proposal intends to support the achievement of the EU policy objectives in the ...

This initial appraisal assesses the strengths and weaknesses of the European Commission's impact assessment accompanying its proposal for establishing the Connecting Europe Facility (CEF) for the 2021-2027 period. CEF is an EU funding instrument designed to promote and part-finance the construction of pivotal cross border transport, energy and telecommunications infrastructure links between the EU's Member States. The proposal intends to support the achievement of the EU policy objectives in the transport, energy and digital sectors as regards the trans-European networks and to support cross-border cooperation between Member States on renewables planning and deployment. The appraisal concludes that the impact assessment (IA) provides a good description of the policy challenges of the new CEF based on the mid-term evaluation of the programme. The IA envisages a change in the scope for the digital and energy sectors. Alternative options are identified for the energy sector only. The IA would have benefited from better illustrating if, and in case how, the preferred option would take advantage from the existing, or forthcoming, legislation in establishing the envisaged enabling framework for cross-border cooperation on renewables. The IA does not discuss social or environmental impacts of the proposed measures and economic impacts are discussed for the energy sector only. Potential impacts on SMEs are not discussed, although SMEs might have deserved some analysis considering the specific objectives of the trans-European networks for the digital sector. An analysis regarding the impact on competitiveness appears to be missing as well. The final version of the IA appears to have addressed almost entirely the improvements requested by the Regulatory Scrutiny Board.

Streamlining measures for advancing the realisation of the Trans-European Transport Network

28-08-2018

Removing obstacles to investments in infrastructure projects, like the Trans-European Transport network (TEN-T), contributes to the Investment Plan for Europe. The European Commission recently issued a legislative proposal to streamline measures for advancing realisation of the TEN-T, as problems concerning delays and legal uncertainties impact on the effective completion. This briefing provides an initial analysis of the strengths and weaknesses of the European Commission’s impact assessment accompanying ...

Removing obstacles to investments in infrastructure projects, like the Trans-European Transport network (TEN-T), contributes to the Investment Plan for Europe. The European Commission recently issued a legislative proposal to streamline measures for advancing realisation of the TEN-T, as problems concerning delays and legal uncertainties impact on the effective completion. This briefing provides an initial analysis of the strengths and weaknesses of the European Commission’s impact assessment accompanying the above-mentioned proposal and assesses in particular to what extent the requirements of the Commission's own Better Regulation Guidelines have been respected. Overall, the impact assessment appears to provide a comprehensive problem analysis and to link it with objectives and options. However, some issues could have been further explained and the objectives could have been more specific. Greater attention could also have been given to the initiative’s impact on SMEs and more detailed information provided about the respondents in the consultation process.

Assessing the state of Energy Union

12-05-2017

The European Commission’s second report on the state of the Energy Union, delivered in February 2017, paints a picture of considerable progress just two years into the Energy Union strategy. The bulk of new legislative proposals have now been adopted by the Commission. Most are still under consideration in Parliament and Council, although in some cases an interinstitutional agreement has already been secured. The focus of 2017 is therefore negotiations towards the adoption of numerous legislative ...

The European Commission’s second report on the state of the Energy Union, delivered in February 2017, paints a picture of considerable progress just two years into the Energy Union strategy. The bulk of new legislative proposals have now been adopted by the Commission. Most are still under consideration in Parliament and Council, although in some cases an interinstitutional agreement has already been secured. The focus of 2017 is therefore negotiations towards the adoption of numerous legislative proposals already on the table, together with a more limited number of new initiatives. The EU and its Member States are well on track to meet the targets of the 2020 climate and energy package in terms of promoting renewables, improving energy efficiency and reducing greenhouse gas emissions. Continued effort is needed to meet the higher targets of the 2030 climate and energy framework. The Energy Union includes a series of concrete actions to implement the 2030 framework, yet the main EU Institutions have shown different levels of ambition in these fields. A new legislative package on low emission mobility is expected in 2017, as well as ongoing actions across a wide range of energy-related areas. This includes measures to improve gas and electricity infrastructure, foster climate and energy diplomacy, and to advance research and innovation on energy technologies.

European Energy Industry Investments

16-01-2017

This study was prepared at the request of the European Parliament's Committee on Industry, Research and Energy (ITRE). The paper provides an overall assessment of European investments in the electricity sector. It concludes by providing policy recommendations to facilitate the investments in the electricity sector which are needed to enable a transition to a low carbon energy supply, while realising a fully integrated and interconnected electricity system, enhancing competitiveness and ensuring security ...

This study was prepared at the request of the European Parliament's Committee on Industry, Research and Energy (ITRE). The paper provides an overall assessment of European investments in the electricity sector. It concludes by providing policy recommendations to facilitate the investments in the electricity sector which are needed to enable a transition to a low carbon energy supply, while realising a fully integrated and interconnected electricity system, enhancing competitiveness and ensuring security of electricity supply.

Ārējais autors

Luc VAN NUFFEL, Koen RADEMAEKERS, Jessica YEARWOOD and Verena GRAICHEN

Assessment of Connecting Europe Facility

18-01-2016

The paper assesses the first two years of Connecting Europe Facility (CEF), taking into account its initial backloading in 2014-2015 as per 2013 agreement on the Multiannual Financial Framework (MFF) 2014-2020, as well as the evolution and the new priorities since the MFF agreement. It provides key information on the CEF, summarises the programme’s performance to date, discusses the budget cuts, and presents conclusions on the basis of the assessment.

The paper assesses the first two years of Connecting Europe Facility (CEF), taking into account its initial backloading in 2014-2015 as per 2013 agreement on the Multiannual Financial Framework (MFF) 2014-2020, as well as the evolution and the new priorities since the MFF agreement. It provides key information on the CEF, summarises the programme’s performance to date, discusses the budget cuts, and presents conclusions on the basis of the assessment.

Ārējais autors

Blomeyer and Sanz

Connecting Europe Facility

01-09-2015

The European Commission estimates that some €970 billion should be invested in trans-European transport, telecommunications and energy network infrastructure by 2020 if Europe is to reach its full potential in terms of growth and cohesion. The Connecting Europe Facility (CEF) is designed to contribute to this objective, through a mix of grants, procurement, financial instruments and project support.

The European Commission estimates that some €970 billion should be invested in trans-European transport, telecommunications and energy network infrastructure by 2020 if Europe is to reach its full potential in terms of growth and cohesion. The Connecting Europe Facility (CEF) is designed to contribute to this objective, through a mix of grants, procurement, financial instruments and project support.

Europe 2020 Project Bonds initiative

29-06-2012

Large, long-term infrastructure projects face financing difficulties, particularly in the current crisis. In response, the EU plans to back privately issued Project Bonds with guarantees and loans, to stimulate private investment in transport, energy and information technology networks.

Large, long-term infrastructure projects face financing difficulties, particularly in the current crisis. In response, the EU plans to back privately issued Project Bonds with guarantees and loans, to stimulate private investment in transport, energy and information technology networks.

Proceedings of the Workshop on "Building a European Energy Infrastructure – Selecting and Implementing Projects of Common Interest"

16-04-2012

The workshop assessed the provisions of the proposed Regulation on guidelines for trans-European energy infrastructure, its strengths, weaknesses and potential remaining barriers to the implementation of projects of common interest. It also looked at past experiences and the option to publicly fund commercial projects.

The workshop assessed the provisions of the proposed Regulation on guidelines for trans-European energy infrastructure, its strengths, weaknesses and potential remaining barriers to the implementation of projects of common interest. It also looked at past experiences and the option to publicly fund commercial projects.

Ārējais autors

Isabelle Buscke (HINICIO) and Matthias Altmann (LBST)

Gaidāmie notikumi

07-12-2020
Health and environmental impacts of 5G
Darbseminārs -
STOA
07-12-2020
What role can trade policy play to advance the objectives of the Green Deal?
Uzklausīšana -
INTA
07-12-2020
Public Hearing on Women's Rights Defenders
Uzklausīšana -
FEMM

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