This surge includes 113 electricity projects, 100 hydrogen projects, and 17 CO2 network projects. These initiatives will benefit from streamlined permit-granting procedures and regulatory support, crucial during this period of economic uncertainty.

Why does this matter? Amid rising inflation and an economic slowdown, these projects aim to bolster cross-border energy infrastructure across the EU. The European Commission adopted this list on April 9, 2026, emphasizing the importance of investing in sustainable energy solutions.

Christine Lagarde highlighted the current economic landscape, stating that “uncertainty about the duration of the shock and the breadth of pass-through argues for gathering more information before drawing firm conclusions for monetary policy.” This reflects broader inflation expectations that have reached their highest levels in 37 months.

The composite PMI has fallen into contraction for the first time since May 2025, indicating potential challenges ahead. Yet, there are glimmers of hope; Germany’s manufacturing sector saw output and new orders edge higher despite these warning signs.

Key facts:

• CINEA published data from the second Union list of Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs).
• The 2026 call for applications will launch on April 30, 2026, with a deadline by the end of September 2026.
• The projects are eligible for EU funding under the CEF Energy programme.

As Europe grapples with soaring energy prices and shifting market dynamics, these infrastructure projects represent a critical step towards achieving decarbonisation goals. However, officials remain cautious about fully assessing their impact amidst ongoing geopolitical tensions.

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