EU SHIFTS ENERGY INFRASTRUCTURE FUNDING AWAY FROM GAS, INTO ELECTRICITY GRIDS
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16.12.2020


EurActiv (16 December 2020)

 

The European Commission on Tuesday (15 December) proposed rules to restrict EU funding for natural gas infrastructure and instead funnel cash into electricity and low-carbon energy networks to meet climate goals.

The EU’s Trans-European Energy Networks rules, or TEN-E, define which cross-border energy projects are eligible to receive EU funding and fast-tracked permits.

The Commission on Tuesday proposed to rewrite those rules, which guided €4.7 billion in EU cash to cross-border energy projects over the last decade, including power grids and gas pipelines.

 

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