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Energy

Financing cross border cooperation

EU funding instruments to promote growth through collaborative infrastructure investment at European level.

The Connecting Europe Facility (CEF) is a key EU funding instrument to promote growth, jobs and competitiveness through targeted infrastructure investment at European level in the areas of energy, transport and digital.

Renewable energy cross-border projects

In the period 2021-2027, the CEF features a dedicated window for support to renewable energy cross-border projects that are set up by a cooperation mechanism.

These projects will be selected through a call for projects (4 March - 10 May 2022) to receive a "cross-border renewable energy project status" according to the rules and procedure of a delegated act ((EU) 2022/342). Once the project has received the status, it is eligible for funding CEF funding for studies and works, and could also benefit from higher visibility, increased investor certainty and stronger support from EU countries.

With a budget of approximately €875 million, this CEF window contributes to the EU decarbonisation targets. Furthermore, it helps EU countries to achieve the target for renewable energy in the EU’s final energy consumption in 2030 by providing an enabling framework to support cross-border, renewable energy cooperation.

The call and application processes for cross-border renewable energy projects are managed by the European Climate Infrastructure and Environment Executive Agency.

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