Presentation of major energy infrastructure projectsOctober 31, 2013
Funding Scheme: 2013-10-30
Pgm2014 2020: Yes
At a conference on 4-5 December in Vilnius, the list of Projects of Common Interest will be presented. These projects will be supported by “The Connecting Europe Facility”, the new integrated instrument for investing in EU infrastructure priorities in Transport, Energy and Telecommunications.
At the high level conference, “Completing the Internal Energy Market: Building an Integrated European Energy Network”, the list of Projects of Common Interest that had been officially proposed on 14 October will be presented by the European Commission. The list aims to ensure the implementation of the energy infrastructure projects necessary for the EU internal market.
The EU internal energy market with the developed infrastructure will allow EU countries to use alternative sources of energy, ensuring its flow between EU countries. It will help reduce the influence of monopolies in the energy sector. In this way, competitive energy prices for consumers and businesses will be ensured between EU countries.
The list of Projects of Common Interest proposed by the European Commission includes energy infrastructure projects of regional importance. In the project list, the Baltic Energy Market Interconnection Plan (BEMIP) is highlighted as one of the regional initiatives. The list of projects of common interest includes six BEMIP energy infrastructure projects that are implemented with the involvement of Lithuania. The implementation of these projects will help Lithuania break free from its current energy isolation, and become a full-fledged member of the EU integrated energy network.
The conference will bring together high-level guests, including the Member States’ governments, Members of the European Economic Area and the Energy Community, EU institutions, financial institutions, regulators and project promoters. Keynote addresses will be delivered by Günther Oettinger, European Commissioner for Energy, Jaroslav Neverovič, Minister of Energy of the Republic of Lithuania, Jerzy Buzek, Member of European Parliament, and Fatih Birol, Chief Economist at the International Energy Agency. Participants will be welcomed by H.E. Dalia Grybauskaitė, President of the Republic of Lithuania. This conference is one of the most important events during the Lithuanian Presidency on the energy policy agenda.
Url description: Press Unit - Lituanian Presidency