Press Release: The Commission calls for proposals for €4 billion worth of energy investments

On 18 May the European Commission launched a call for proposals covering key energy infrastructure projects such as energy interconnections, offshore wind energy and carbon capture and storage as part of the implementation of the European Energy Programme for Recovery (EEPR), on which the Council and the Parliament recently reached agreement. Project promoters were invited to submit their proposals by 15 July 2009. The Commission expects to sign the first grant agreements and decisions before the end of the year. In total nearly €4 billion worth of financial aid will be available to support new energy-related investments.