Greenlink is recognised and supported by the European Commission. In 2013, the European Union identified 248 energy infrastructure projects, which were designated as projects of common European interest (PCI). These projects encompass a range of network development, smart grids, energy storage and interconnector projects involving two or more EU Member states. To ensure effective and efficient implementation of the projects, the European Commission is focusing on improving regional cooperation between Member States as part of the implementation of EU Regulation 347/2013 on guidelines for trans-European energy infrastructure.
Greenlink is referenced in ENTSO-E’s Ten Year Network Development Plan (TYNDP) 2014, 2016 and 2018. Greenlink is included in the third Project of Common Interest (PCI) list published by the European Commission in 2018.
The interconnector has been awarded financial support from the Connecting Europe Facility (CEF), which is a source of funding only available to PCI projects. The CEF funding has supported a significant proportion of the development of the project alongside our own capital.