Commission Delegated Regulation amending Regulation (EU) No 347/2013 of the European Parliament and of the Council as regards the Union list of projects of common interest

EUROPEAN COMMISSION Brussels, 19.11.2021 C(2021) 8409 final COMMISSION DELEGATED REGULATION (EU) …/... of 19.11.2021 amending Regulation (EU) No 347/2013 of the European Parliament and of the Council as regards the Union list of projects of common interest {SWD(2021) 335 final} EXPLANATORY MEMORANDUM 1. CONTEXT OF THE DELEGATED ACT Objective and legal basis of the proposed action This Delegated Regulation establishes a Union list of projects of common interest (PCIs) to replace the list, as established by the Commission Delegated Regulation (EU) 2020/389 of 31 October 20191 PCIs are specific energy infrastructure projects that are critical for completing the European internal energy market, achieving the Union's energy policy objective of providing affordable, secure and sustainable energy to all Europeans, and for attaining the Union's targets and climate objectives. Article 3(4) of Regulation (EU) No 347/2013 on guidelines for trans-European energy infrastructure (the TEN-E Regulation) requires the Commission to adopt, every two years, a delegated act that establishes a Union list of PCIs. 2 The Union list is based on the regional lists of candidate PCIs prepared and adopted by the regional groups established by the TEN-E Regulation. This Delegated Regulation takes the form of an annex to the TEN-E Regulation. General context of the Delegated Regulation The TEN-E Regulation provides for a legislative framework which aims at...