These projects form the backbone of a €5 billion economic recovery plan and, although much of funding will be allocated to improve gas and electricity interconnections (€2.37 billion) including €200 million for the Nabucco gas pipeline, a further €565 million has been allocated to offshore wind farms and €1 billion to setting up carbon capture and storage (CCS) demonstration plants.
The European Wind Energy Association (EWEA) welcomed the news and its Chief Executive Christian Kjaer declared that, "By including offshore wind and electricity grids in the plan, EU decision-makers have chosen the right areas to make a real difference long-term".
According to the European Commission President José Manuel Barroso, the EU can now start the projects immediately, stating that they would make a real contribution to
However, some NGOs have been critical of the €2.5 billion allocated to the oil and gas industries, which they said would neither create employment nor contribute to creating a sustainable energy mix in