Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
For the 2026–2027 PCI/PMI period, Swedish transmission system operator Svenska kraftnät applied for Project of Common Interest (PCI) status for three cross-border electricity projects. The European Commission accepted all three onto the official PCI/PMI list, including the Fenno-Skan 3 interconnector, which is planned as a replacement for the existing Fenno-Skan 1 link between Sweden and Finland. This PCI listing confirms Fenno-Skan 3 as an EU-prioritised electricity infrastructure project, granting it access to an expedited regulatory framework and eligibility to apply for EU funding for studies and construction. The web page reporting this outcome was reviewed on 15 January 2026, indicating the listing was in place by January 2026.