Notice to potential project promoters and the proposed regulation on trans-European Energy Infrastructure
The Minister for Communications, Energy & Natural Resources, Pat Rabbitte T.D., on Monday 28th May, welcomed the call by the European Commission for interested project promoters to submit information on potential “Projects of Common Interest” under the new draft guidelines for trans-European energy infrastructure.
Projects of Common Interest (PCI) must be projects that are necessary for the implementation of the concerned energy infrastructure priority corridor or area;
- they must provide potential benefits outweighing their costs;
- they must involve at least two Member States, either by directly crossing their borders or by having a significant cross-border impact;
- they must contribute to the key energy policy objectives of the EU (market integration, sustainability, inter alia through large-scale integration of renewables, security of supply; each to be measured by quantifiable indicators).
The three thematic areas applicable to all Member States are: smart grids deployment; electricity highways; cross-border carbon dioxide network.
In the proposed regulation, project promoters are defined as transmission system operators or distribution system operators or other operators or investors developing a project of common interest.
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