CEF Energy ****************************************************************************************** * CEF Energy ****************************************************************************************** The EU’s energy infrastructure is aging and, in its current state, not suited to match fut for energy, to ensure security of supply or to support large-scale deployment of energy fr sources. The upgrading of existing, and development of new energy transmission infrastruct importance will require investments of about €140 billion in electricity and at least €70 Despite the regulatory measures and policies that are currently put in place to facilitate investments, under current market and regulatory conditions some energy projects are not c viable, and would normally not make it into investment programmes of infrastructure develo CEF is engineered to address both groups of factors behind the investment gap in the energ • Financial instruments, by bringing in new classes of investors and mitigating certain ri project promoters to access the necessary financing for their projects. • Grants to contribute to the construction costs will be applied to fill in the gaps in co viability of the projects that are particularly relevant for Europe. A total budget of €5.35 billion is made available for energy projects for the 2014-2020 pe €4.7 in the form of grants managed by INEA. [ URL "https://ec.europa.eu/inea/en"] Click Here [ URL "https://ec.europa.eu/inea/en/connecting-europe-facility/cef-energy"] for