’Projects of common interest’ have limited effect in Germany

Grid operators tend to consider PCIs an ’insurance‘ and PR instrument

Édition Énergie
Jakob Schlandt
17 avril 2015 à 12h18

The EU’s so-called ‘projects of common interest’ (PCIs), designed to ensure a more resilient energy infrastructure and to promote the integration of the markets, have yet to prove their worth in Germany, the Union's largest and most connected energy market. PCIs that would extend the EU's electricity, gas and oil grids have not yet had measurable impact on the status, financing and implementation of projects in Germany, research conducted by Europolitics shows. Nevertheless, grid operators see them as a useful…

Money for grids

An updated list of PCIs is expected to be published this summer by the European Commission. Funding for PCIs - atotal of €5.85 billion drawn from the Connecting Europe Facility (CEF) - is under threat as a result of budget cuts (the Commission’s new investment plan could be partially funded by cuts to the CEF). In 2014, PCIs received €647 million across Europe. Only three German gas projects have applied for financial help, but none of them were selected. According to the most up-to-date list compiled by the Commission, the 34 projects selected to receive financial help do not include a single one from Germany. Bundesnetzagentur says that the German projects are already viable from a national perspective, and thus they are not eligible for funding.
par Jakob Schlandt

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