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EC Statement: Proposals for financing for offshore wind, energy interconnections, CCS

( January 28, 2009, 11:11 GMT | Official Statement) -- ****************************************MLex-e3 Summary: The European Commission said on Wednesday that it would allocate 3.5 billion euros for energy projects, including gas and electricity interconnection, the next generation of offshore wind technology and carbon capture and storage (CCS). It proposes a sum of 1.75 billion euros for strategic energy interconnections, including the Southern gas corridor and the North Sea offshore wind grid, 500 million euros for the offshore wind industry and 1.25 billion euros for CCS....

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