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The EU grants €307m for a 600 MW Italy-Tunisia power interconnection project

The European Commission, through the EU’s Connecting Europe Facility (CEF) financing programme, has awarded €308m in funding for a 600 MW electricity transmission line between Italy and Tunisia. The project, named ELMED interconnector, will be developed by the Italian utility Terna and the Tunisian grid operator STEG, and will feature a 200 km subsea high-voltage cable, installed at a maximum depth of 800 m. This grant is the first that the CEF financing programme has awarded to fund a cross-border infrastructure project developed by an EU member state and a country outside the EU. The interconnection project, which will require a total investment of around €850m, is expected to improve energy security, promote the integration of the European and African electricity markets and allow for greater renewable electricity generation across Europe. A total of up to 2.5 GW of power interconnection projects are currently under consideration between Tunisia and Italy.

The grant awarded to the ELMED interconnector project is part of a €600m package for energy infrastructure in support of the European Green Deal and REPowerEU. The package notably includes a €144.6m fund to develop infrastructure in the port of Antwerp (Belgium) as part of the Antwerp@C CO2 Export Hub project, a €73.1m in funding for the GreenSwitch project, meant to upgrade electricity grids between Austria, Croatia and Slovenia, a €38m fund to expand the Bilciurești underground gas storage facility in Romania and a €19.6m fund to develop an LNG terminal in Gdansk (Poland).

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