The European Commission (EC) will make €200 million in funding available for projects in electricity, smart grids, cross-border carbon dioxide network and gas infrastructure, as part of the first call for proposals under the Connecting Europe Facility (CEF) Energy in 2018, the EC announced Monday.
According to the announcement, the money is intended for projects that will strengthen the EU's internal energy market, enhance security of energy supply, and help make Europe’s clean energy transition a reality.
'The call for proposals will be open until April 26, 2018,' the statement read.
Since 2014, a total of €2.5 billion in CEF grants has been awarded to 113 projects in the electricity, smart grid and gas sectors.
Proposed project applications to the CEF can be either studies or construction works and will be evaluated against several criteria.
'These include their state of maturity, their cross-border dimension, and the extent of positive externalities relating to technological innovation, security of supply or solidarity between countries,' the statement read.
By Gulsen Cagatay
Anadolu Agency
energy@aa.com.tr