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News // Energy

EU invests in Baltic synchronisation project

20 April 2018 , 12:06Neftegaz.RU636

Sofia, April 20 - Neftegaz.RU. A grant agreement under the Connecting Europe Facility (CEF) was signed in the margins of the Informal Energy Council in the capital of Bulgaria.

 

On 22 March 2018, President Juncker and the leaders of Lithuania, Estonia, Latvia and Poland, gave the Baltics synchronisation project a renewed impetus at a special meeting in the margins of the European Council.

 

Now, translating this political commitment into action, a grant agreement was signed in the presence of Commissioner for Energy Miguel Arias Cañete, accompanied by the Director-General of the EC Dominique Ristori.

 

The signing ceremony was attended by the Estonian Deputy Secretary for Energy, Ando Leppiman, the Latvian State Secretary for Energy, Ēriks Eglītis, the Lithuanian Minsiter of Energy, Žygimantas Vaičiūnas, and the Polish Undersecretary of State for Energy, Michał Kurtyka. The grant will provide €125,000 for a technical study to pursue the synchronisation process.

 

The signatories to the agreement were the Innovation and Networks Executive Agency (INEA), on behalf of the EU, and the representatives of the Transmission System Operators of Estonia, Latvia, Lithuania and Poland.

 

The synchronisation process is a key step to physically integrate the Baltic States with the Continental European energy system, and it offers a major contribution to the solidarity and energy security of the European Union. It is one of the most emblematic projects of the Energy Union.

 

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