Energy Union: Commission publishes 4th list of Projects of Common Interest
Today, the European Commission adopted the 4th list of Projects of Common Interest (PCI) for a connected European energy grid, fit for the future providing clean, affordable and secure energy for Europeans. This list reflects the importance of infrastructure for the Energy Union and represents a balance among its objectives: sustainability, affordability and security of supply.Vice-President for the Energy Union, Maroš Šefčovič said: “The Energy Union is a major driver of clean energy innovation in Europe and the rest of the world. We are making sure that this energy transition is socially fair, leads to innovation and is based on smart infrastructure, which is adapted to the needs of the future energy system. Through our Projects of Common Interest, we are building strong and well-connected networks across Europe in order to enhance security of supply.” Miguel Arias Cañete, Commissioner for Climate Action and Energy, added: “Europe’s energy transition is well underway, with record levels of clean and renewable energy and rapidly falling costs. But Europe’s energy infrastructure must advance in the same direction and with the same speed to fully support this transition. That is why we are focusing the new list of projects on key electricity interconnections and smart grids. Today’s steps to boost clean energy infrastructure are another important move towards making our energy system more sustainable, more competitive and more secure – providing genuine European added value consolidating our European Energy Union built on solidarity.”