Energy infrastructure boost for renewables
EU investment in high-voltage cable, energy storage and smart grid projects is set to improve consumer access to clean, renewable energy.
On 17 February 2017, EU Member States agreed on a European Commission proposal to fund 18 priority European electricity, grid and gas infrastructure projects to the tune of EUR 444 million. Amongst these are initiatives for high-voltage cable, energy storage and smart grids, which all make renewable power more reliable and widely available. These include:
- EUR 40.25 million earmarked for the SuedLink project to lay 700 km of underground high-voltage cable in Germany.
- A compressed-air energy-storage project in Northern Ireland, which will receive EUR 90 million.
- The SINCROGRID smart grid project in Slovenia and Croatia, which will receive EUR 40 million.
The Commissioner for Energy and Climate Action, Miguel Arias Cañete, said: “Thanks to this upgrade, the proposals in the Clean Energy for All Europeans package are even closer to becoming a reality.”
The projects support Europe’s move to a more secure energy system as part of the Energy Union. Investment will come from the Connecting Europe Facility, an EU programme that funds infrastructure across Europe to promote growth, jobs and competitiveness.
Find out more about Europe’s transition to sustainable energy at EUSEW 2017, 20-22 June in Brussels.