Today’s workshop “Matching financing with projects” took place as a follow up of the Ministerial Council meeting in December 2007. In its conclusions the Ministerial Council underlined the necessity to have regular updates on the list of priority infrastructure projects in the Energy Community Contracting Parties. The workshop at Energy Community Secretariat brought together decision makers from Energy ministries, power generation and transmissions companies, as well as representatives of the donors’ community.
On 18 December 2007 in Belgrade, the Ministerial Council of the Energy Community adopted an indicative and non biding list of priority projects in energy infrastructure. The list reflects the proposals made by electricity generation and transmission companies and, respectively gas companies of the Contracting Parties to the Treaty establishing the Energy Community. The workshop’s main objective was to facilitate a meeting between the Donors’ Community and the projects’ initiators with the intention to discuss the projects’ progress. This included the identification of ways and means to accelerate their development from proposals to implementation.
In concrete terms the Contracting Parties were invited to select and present from one to three projects. The projects were selected from the area of electricity transmission and interconnection as well as of power generation. Common to all the projects was a strong regional dimension.
After each presentation discussions between the speakers and International Financial Institutions took place. In line the with the workshop’s aim, there was a clear focus on financing aspects. The institutions present included the European Investment Bank, Kredit für Wiederaufbau Development Bank, the World Bank. The EC Directorate General for Transport and Energy additionally informed about the new Infrastructure Projects Facility (IPF) instrument available from spring 2008. Among others the IPF can be used for financing of feasibility studies or that of environmental impact assessments.