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The Connecting Europe Facility’s largest ever grant should allow the three Baltic states to gain full control of their electricity networks by 2025. The European Union has agreed to provide Poland and the Baltic states with a grant worth 719.7 million euros to carry out phase two of a project to link the electricity networks of Estonia, Latvia, and Lithuania with the Continental European Network (CEN). The project aims to better integrate the electricity grids of the three Baltic states with those of the rest of Europe and ensure their energy independence from third countries. While in rece...

The European Union's Innovation and Networks Executive Agency (INEA) on Monday signed a €720 million grant agreement with the electricity transmission system operators of Estonia, Latvia, Lithuania and Poland for the Baltic synchronization project. This represents the largest amount of funding ever attributed from the Connecting Europe Facility Energy (CEF-E). The project aims to better integrate electricity grids of the Baltic states with the ones of the rest of continental Europe and ensure their energy independence from third countries, the European Commission said. The commissioner f...