The PCI-PMI Transparency Platform reveals a significant increase in energy infrastructure projects, highlighting 235 new initiatives launched amid rising inflation and economic uncertainty. This surge includes 113 electricity projects, 100 hydrogen projects, and 17 CO2 network projects.
Key features of the new projects:
- The European Commission adopted the list on April 9, 2026.
- These projects will benefit from streamlined permit-granting procedures and regulatory support.
- Eligible projects can apply for EU funding under the CEF Energy programme starting April 30, 2026.
Despite this progress, economic indicators show that inflation expectations are high. Output price inflation reached its highest level in 37 months, indicating persistent pressure on costs. Christine Lagarde noted that uncertainty about the duration of economic shocks complicates monetary policy decisions.
Meanwhile, the composite PMI has fallen to 48.3, marking contraction for the first time since May 2025. In Germany, while the manufacturing sector saw slight increases in output and new orders, there are warning signs of potential downturns.
As countries across Europe strive for decarbonisation, investments in cross-border energy infrastructure become crucial. The upcoming call for applications under the CEF Energy programme will close at the end of September 2026, presenting further opportunities for project developers.
