PMI
Project of Mutual Interest (PMI)
Path to EU Project of Mutual Interest status.
The Green Energy Corridor is seeking Project of Mutual Interest (PMI) status under the EU's Trans-European Networks for Energy (TEN-E) Regulation. The EU gives PMI status to strategic cross-border energy projects it develops with countries outside the Union. That describes the corridor: it links Azerbaijan and Georgia with EU Member States Romania and Hungary to bring renewable electricity from the Caspian region to Europe.
Application deadline:
GECO will submit its PMI application by . That is the closing date of the European Commission's current call for electricity projects for the 3rd Union list of Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs).
What PMI status brings
- Faster permitting: priority treatment and streamlined permit procedures for the EU sections of the project.
- Regulatory support: a recognised framework for coordination between regulators and governments across borders.
- Access to EU funding: eligibility to apply for Connecting Europe Facility (CEF) Energy grants for studies and works.
- Investor confidence: formal recognition as an EU priority infrastructure project, which strengthens the case with lenders and partners.
How the process works
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Project submission (electricity call)
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Identification of system needs
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Consultation of national regulators, plus public consultation on candidate projects
Assessment by EU regional groups and an opinion from ACER, the EU energy regulators' agency
- End of
The Commission adopts the 3rd Union list, which takes effect in early 2028
Who is applying
The application is led by Green Energy Corridor Power Company.
We will post updates here as our application moves through consultation and assessment.