These cross-projects will strengthen energy connectivity across the continent, bringing nearer the completion of the Energy Union.  By allowing vital interconnections across the EU and with neighbouring countries, these projects can play a strategic role in increasing EU's competitiveness, decarbonisation, and enhancing Europe's energy security and independence.

According to a recent Commission study, investment needs in European energy infrastructure - electricity, hydrogen, and CO2 networks - will near EUR 1.5 trillion from 2024 to 2040. This project lineup and the related expected investments volumes will contribute to reaching the needs identified for 2040.