Blog: December 2014

The Joint task force of the European Investment Bank and the Commission published the list of projects Member states submitted for financing under the new Investment Fund that the European Commission President launched recently. 

On 27 November 2014 the United Kingdom’s (UK) Department of Energy and Climate Change (DECC) announced new funding for CCS research, development and innovation. 

On 29 October the EU leaders approved the allocation of €647 million to key energy infrastructure projects under the Connecting Europe Facility (CEF) programme.  More than half of the funding will go to gas infrastructure, while CO2 transport projects are missing from the list. Early financial assistance to CO2 transport infrastructure would ensure that indigenous energy resources continue to be used - to increase long term energy security of the EU in a sustainable manner.