REPowerEU
REPowerEU Plan
We can
significantly reduce our dependency on Russian fossil fuels already this year,
and accelerate the energy transition.
PRESS AND READ:
Building on the Fit for 55 package of proposals
and completing the actions on energy security of supply and storage, this REPowerEU plan puts forward an
additional set of actions to:
1. save energy;
2. diversify supplies;
3. quickly substitute fossil fuels by accelerating Europe’s clean energy
transition;
4. smartly combine investments and reforms.
The public expects the EU and its Member States to follow through on the
commitments made to reduce our dependence on Russian fossil fuels.
85% of people polled believe that the EU should reduce its dependency on
Russian gas and oil as soon as possible.
84% agree that Russia’s aggression against Ukraine makes it more urgent
for EU Member States to invest in renewable energy.
Savings
Savings are the quickest and cheapest way, to address the current energy
crisis.
Reducing energy consumption cuts households’ and companies’ high energy
bills in the short and long term, and decreases imports of Russian fossil fuels.
Reducing energy consumption through higher efficiency is a vital
component of the clean energy transition which increases the resilience of the
EU economy and shields its competitiveness against high fossil fuel prices.
Diversifying energy imports
The EU has been working intensively with international partners for
several months to diversify supplies and mitigate the rise in energy prices.
Substituting fossil fuels and accelerating Europe’s
clean energy transition
A massive speed-up and scale-up
in renewable energy in power generation, industry, buildings and transport will
accelerate our phasing out of Russian fossil fuels.
It will also, over time, lower
electricity prices and reduce fossil fuel imports.
Boosting renewable
energy
Based on its modeling of impacts
and feasibility, the Commission is proposing to increase the target in the
Renewable Energy Directive to 45% by 2030, up from 40% in last year’s proposal.
This would bring the total
renewable energy generation capacities to 1,236 GW by 2030, in comparison to 1,067
GW, by 2030 envisaged under Fit for 55 for 2030.
The Commission’s analysis indicates that REPowerEU entails additional investment of 210 billion euro between now and 2027, on top of what is needed to realise the objectives of the Fit for 55 proposals.
Such investment will pay off.
 |
| Press to visit: |
Implementation of the Fit for 55
framework and the REPowerEU plan
will save the:
1. EU EUR 80 bn in gas import
expenditures,
2. EUR 12 bn in oil import
expenditures and
3. EUR 1.7 bn in coal import
expenditures per year by
2030.
ALL THE REPowerEU PLAN (21 pages), HERE:
Σχόλια
Δημοσίευση σχολίου