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Parliament to vote on revision of trans-European energy guidelines

MEPs are set to call for funding guidelines for key energy projects and improved storage solutions to better match the EU's ambitious climate goals.

During July’s plenary session, MEPs will vote on a resolution calling for a revision of funding guidelines for cross-border, trans-European energy infrastructure projects to bring them into line with EU climate policy.

The resolution, adopted on 18 February by Parliament's industry, research and energy committee, calls for the TEN-E guidelines to be consistent with the EU's energy and climate targets for 2030, its long-term commitment on decarbonisation and the energy efficiency first principle.

MEPs will also call for a boost to energy storage solutions to help increase the share of renewables in the EU energy mix. New battery technologies, thermal storage and green hydrogen could play a crucial role in reaching the goals set out in the Paris agreement goals and ensuring a constant energy supply.

Trans-European Networks for Energy (TEN-E)

The Trans-European Networks for Energy (TEN-E) aim to link the energy infrastructure of EU countries. It identifies projects of common interest where countries can work together to develop better-connected energy networks and provides funding for new energy infrastructure.

The policy is being reviewed to ensure it is in line with the climate neutrality objective of the European Green Deal.

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Original article link: https://www.europarl.europa.eu/news/en/headlines/economy/20200630STO82386/parliament-to-vote-on-revision-of-trans-european-energy-guidelines

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