Electricity, Gas, Smart Grids, Hydrogen and CO₂ networks - Works
Funds construction of EU-designated cross-border energy grid projects — electricity, gas, hydrogen and CO₂ networks — that can't get financed by the market alone.
Electricity, Gas, Smart Grids, Hydrogen and CO₂ networks - Works is a European Commission grant that funds construction — purchase, deployment, installation and launch — of EU-designated cross-border energy grid projects (a Project of Common Interest or Project of Mutual Interest) covering electricity, gas, hydrogen and CO₂ networks that can't get financed by the market alone; only projects on the…
The call funds construction — purchase, deployment, installation and launch — of a Project of Common Interest (PCI) or Project of Mutual Interest (PMI). Only projects on the EU's First Union List of PCIs/PMIs qualify, and works funding requires proof of significant positive externalities plus, for most categories, a formal cross-border cost allocation decision. Certain categories, like smart electricity grids and unregulated storage, instead need a national regulator's assessment proving the project isn't commercially viable without EU support.
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