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In assessing the proposals received under the call for proposals referred to in Article 17(2), the Commission shall apply the following selection criteria: the soundness and technical adequacy of the approach; maturity, defined as reaching the investment stage, which includes exploration and development of storage options, and incurring substantial investment-related expenditure for the project by the end of 2010; the soundness of the financial package for the full investment phase of the project; identification of all necessary permits required for construction and operation of the project at the proposed site(s) and the existence of a strategy to secure those permits.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-07 · Text as adopted (Official Journal); later amendments are not incorporated in this text.