Region: Energy Community support for sustainable infrastructure projects, SEE Energy News
The Energy Community groups for electricity, gas and oi, discussed, at the meetings held on 18 and 19 March, the methodology for assessing the potential candidate Projects of Energy Community Interest (PECI) and Projects of Mutual Interest (PMI) submitted by project promoters, verifying that they meet the eligibility criteria defined in the Regulation (EU) 347/2013 on guidelines for trans-European energy infrastructure.
In addition, the participants agreed on the methodology and scenarios to be used in assessing the benefit-cost ratio of the individual projects to result in their ranking. In line with decarbonization objectives, the gas market modeling will now include a green scenario, based on a pathway where the Energy Community Contracting Parties are following a decarbonization path as is the EU. Scenarios will also include potential security of gas supply disruptions. To obtain tangible results, the importance of having accurate and complete data was once again reiterated.
One of the key objectives of the Energy Community is to create an integrated energy market allowing for cross-border energy trade and integration of renewable energy, which is not possible without a well-interconnected energy infrastructure. In 2015, the Energy Community adopted Regulation (EU) 347/2013, with certain adaptations. The Regulation provides for a set of measures to facilitate investments in energy infrastructure.
- December 9, 2022 Montenegro, EPCG shareholders will consider a loan from the EBRD for the construction of the Iron and Steel Plant
- December 9, 2022 Bulgaria, Half of crude oil processed in Lukoil’s Neftochim refinery in Burgas during 2021 was not Russian
- December 9, 2022 Bulgaria, The price of electricity for companies is limited to 102 euros per MWh