From 2028, European Union countries will be able to expand cross-border energy infrastructure, like grids and pipelines, and renewable energy projects, as energy ministers overwhelmingly backed on Monday the architecture of the bloc's multi-annual energy budget for 2028-2034.
The funds, under the Connecting Europe Facility (CEF), will target grid infrastructure and renewable energy projects to boost solar and wind power, as outlined in the European Commission's recent initiative to modernise electricity infrastructure and support cross-border projects.
