The EU’s Trans-European Networks (TENs) policy links regional and national infrastructure to create coherent European systems. This includes both interconnection and interoperability, mainly for transport and energy, but also ICT. This policy promotes:
- Economic and social integration
- Free movement of people, goods and services
- Development in less favoured regions
- Limiting environmental impacts
- Contacts with neighbouring countries
- Competitive energy production and supply
- Renewable energy production
- Efficient and secure energy supply
Special funding conditions
Generally we lend less than our upper limit of 50% of the project cost, but this can rise to 75% in exceptional circumstances. We have committed to provide at least EUR 75bn to the co-financing of TENs between 2004-2013. This complements wider EU funding and we also invest extensively in non-TEN transport and energy projects.
The EU is our main focus but TENs policy extends to the EU neighbours: Accession countries, the European Economic Area (Norway, Iceland and Liechtenstein), the Balkans, the Mediterranean Partner Countries and the Eastern Neighbourhood.