Connecting Europe Facility Overview
42 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the purpose of the Harmony Link project between Poland and Lithuania?

  • To create a major transportation network.
  • To develop a submarine HVDC interconnector. (correct)
  • To establish a new renewable energy facility.
  • To construct a gas pipeline.

    • What funding amount was allocated for the CEF Energy program mentioned in the document?

  • EUR 500 million
  • EUR 100 million
  • EUR 1.05 billion (correct)
  • EUR 266.4 million

    • Which countries are involved in the synchronous operation with the Central European Network?

  • Estonia and Finland
  • Poland, Lithuania, Latvia, and Estonia (correct)
  • Poland and Hungary
  • Lithuania and Latvia

    • What is one of the key actions of the Connecting Europe Facility regarding energy?

    <p>To interconnect European energy networks.</p> Signup and view all the answers

    What is one of the projects mentioned that connects countries for energy supply?

    <p>Electricity line connecting Bulgaria and Greece</p> Signup and view all the answers

    What is the target size of the CEBF?

    <p>EUR 500–600 million</p> Signup and view all the answers

    Which programme is specifically created to build the strategic digital capacities of the EU?

    <p>Digital Europe Programme</p> Signup and view all the answers

    What total expected investment will the Fund unlock, based on its accomplishments?

    <p>EUR 1.7 billion</p> Signup and view all the answers

    How many projects has the Fund signed so far?

    <p>8 projects</p> Signup and view all the answers

    What aspect does the second generation of the Connecting Europe Facility primarily focus on?

    <p>Improvement of digital connectivity infrastructures</p> Signup and view all the answers

    What is the main focus of CEF investments?

    <p>Further integration of the European Single Market</p> Signup and view all the answers

    What was the indicative funding amount for grants under CEF?

    <p>EUR 28.8 billion</p> Signup and view all the answers

    How many projects were funded under the 2014-2021 CEF calls?

    <p>1,920 projects</p> Signup and view all the answers

    What role does the European Investment Bank play in CEF?

    <p>Implementing financial instruments</p> Signup and view all the answers

    What does CEF primarily support regarding energy?

    <p>Enhancing Europe's energy security</p> Signup and view all the answers

    Which initiative received applications from over 40,000 municipalities?

    <p>WiFi4EU</p> Signup and view all the answers

    What is a significant outcome of CEF Actions?

    <p>Support for EUR 28.4 billion</p> Signup and view all the answers

    What is the primary goal of the European Green Deal in relation to CEF?

    <p>Achieving decarbonisation objectives for 2030 and 2050</p> Signup and view all the answers

    What was the total investment for transport infrastructure actions under CEF Transport from 2014 to 2020?

    <p>EUR 50 billion</p> Signup and view all the answers

    Which funding type received the highest percentage under the CEF Transport funding?

    <p>Works</p> Signup and view all the answers

    What percentage of the TEN-T funding was allocated to mixed projects?

    <p>47%</p> Signup and view all the answers

    How much funding was allocated to studies under the TEN-T funding?

    <p>EUR 2.2 billion</p> Signup and view all the answers

    What is the total funding allocated to works in the CEF Transport?

    <p>EUR 14.7 billion</p> Signup and view all the answers

    During the funding period, what percentage of the total contributions was dedicated to studies under CEF Transport?

    <p>27.2%</p> Signup and view all the answers

    Which of the following amounts was attributed to mixed funding under the TEN-T?

    <p>EUR 1.3 billion</p> Signup and view all the answers

    What was the overall contribution amount for studies in CEF Transport?

    <p>EUR 2.2 billion</p> Signup and view all the answers

    What is the total amount allocated to the multi-annual work programme for 2021-2023?

    <p>EUR 18 billion</p> Signup and view all the answers

    What percentage of the CEF grants is allocated to railway actions?

    <p>70%</p> Signup and view all the answers

    How much of the programme's funding is specifically earmarked for the Alternative Fuel Infrastructure Facility?

    <p>EUR 1.6 billion</p> Signup and view all the answers

    What is the primary aim of the investments supported by the CEF Transport funding?

    <p>To enhance energy efficiency and reduce environmental impact</p> Signup and view all the answers

    What was a significant challenge faced during the first calls for funding published in September 2021?

    <p>Over-subscription</p> Signup and view all the answers

    In terms of financial participation, how many Actions combine CEF grants with financial instruments?

    <p>111 Actions</p> Signup and view all the answers

    What overarching priority will the CEF funding continue to focus on in future years?

    <p>Decarbonisation in transport</p> Signup and view all the answers

    What is the expected completion year for the full establishment of the multi-modal Core Network?

    <p>2030</p> Signup and view all the answers

    What is the primary focus of the investments made by the Connecting Europe Facility (CEF) in transport?

    <p>Addressing bottlenecks, missing links, and cross-border sections</p> Signup and view all the answers

    What percentage of the CEF grant budget has been allocated by the European Commission since 2014?

    <p>92%</p> Signup and view all the answers

    Which of the following sectors does the Connecting Europe Facility (CEF) support?

    <p>Transport, energy, and digital services</p> Signup and view all the answers

    How much in investments has the CEF-related financial instruments contributed since its introduction?

    <p>Over EUR 60.1 billion</p> Signup and view all the answers

    What is one of the environmental contributions of the CEF in the transport sector?

    <p>Support for sustainable transport modes</p> Signup and view all the answers

    Which programme does the CEF complement in its funding objectives?

    <p>Horizon Europe</p> Signup and view all the answers

    What is the role of the European Commission in relation to the Connecting Europe Facility?

    <p>To allocate funding and develop guidelines</p> Signup and view all the answers

    Which of the following funds is included in the structures that the CEF supports for complementarity?

    <p>European Fund for Strategic Investments (EFSI)</p> Signup and view all the answers

    Study Notes

    Connecting Europe Facility (CEF)

    • CEF is a European Union program supporting European infrastructure
    • It focuses on transport, energy and digital sectors
    • CEF's budget for 2014-2020 was EUR 30.5 billion, and 2021-2027 is EUR 33.7 billion
    • It aims for sustainable, efficient, and interconnected trans-European networks.
    • CEF investments target bottlenecks, missing links, and cross-border sections in transport
    • CEF supports alternative fuels, innovation, and digitization of transport
    • In energy, CEF supports crucial infrastructure projects, ensuring energy security, diversification of energy supplies, and competitiveness.
    • CEF also supports increasing connectivity of EU citizens via WiFi4EU
    • CEF's financial instruments have generated over EUR 60.1 billion in investments.

    CEF Transport

    • CEF Transport Actions address bottlenecks, missing links, and cross-border sections.
    • It focuses on sustainable transport modes (over 80% of investments related to sustainability)
    • CEF Transport funding for 2014-2020 period was EUR 23.2 billion, for 2021-2027 it is EUR 25.8 billion
    • Aims to support European objectives for a sustainable transport infrastructure.
    • Highlighted projects include: rail links, cross-border infrastructure, sustainable and efficient transport, and interconnecting transport modes.

    CEF Energy

    • CEF aims to support a sustainable and efficient energy infrastructure for the EU.
    • The fund focuses on ensuring energy security.
    • Highlighting grid synchronisation, gas diversification, and offshore grid development.
    • The total financial envelope of CEF Energy funding was over EUR 5.84 billion
    • Projects of Common Interest (PCIs), most of which are related to electricity.
    • 149 Actions are supporting 107 PCIs in both studies and works under CEF Energy
    • Projects include: electricity transmission, storage solutions and smart grids.
    • The majority funds are related to supporting the development of electricity networks.

    CEF Telecom

    • CEF Telecom supports the Digital Single Market strategy
    • It focuses on digitalisation and connectivity, including the deployment and modernisation of broadband networks
    • CEF's WiFi4EU initiative provides free Wi-Fi hotspots to citizens and visitors across the EU.
    • CEF Telecom Actions facilitate cross-border interaction, leveraging the use of DSIs for interoperability, focusing on digital services infrastructure
    • Initiatives for building digital service infrastructures (DSIs).
    • EUR 1 billion invested in the development of digital service infrastructures (DSIs)

    CEF Financial Instruments

    • CEF uses financial instruments like guarantees and blending in addition to grants
    • It provides support for investments through partnerships with the European Investment Bank (EIB) and other promotional banks.
    • InvestEU consolidates financial instruments and related advisory facilities
    • CEF aims to mobilize more than EUR 372 billion in public and private investment, backing projects from the EIB group.
    • The CEF Debt Instrument has supported over EUR 16 billion in investments
    • The CEF Equity Instrument (CEBF) mobilizes investments in broadband infrastructure

    Outlook

    • EU's continuous effort to address policy challenges including energy security, decarbonisation, and market integration
    • Development of cross-border availability of online services via calls for tenders, financial instruments, and Programme Support Actions.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Related Documents

    CEF Implementation Brochure - June 2022 PDF

    Description

    This quiz explores key aspects of the Connecting Europe Facility (CEF), focusing on energy projects, funding allocations, and strategic initiatives. Test your knowledge about the Harmony Link project, the countries involved in synchronous operations, and CEF's impact on EU energy connectivity.

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser