REPowerEU
In response to the hardships and global energy market disruption caused by Russia’s invasion of Ukraine, the European Commission presented the REPowerEU Plan. REPowerEU is the European Commission’s plan to make Europe independent from Russian fossil fuels well before 2030
REPowerEU is a plan for
- saving energy
- producing clean energy
- diversifying energy supplies
Clean energy
Renewables are the cheapest and cleanest energy available, and can be generated domestically, reducing EU’s need for energy imports. The Commission is proposing to increase the EU’s 2030 target for renewables from the current 40% to 45%. The REPowerEU Plan would bring the total RE generation capacities to 1,236 GW by 2030, in comparison to the 1,067 GW by 2030, envisaged under Fit for 55 for 2030.
The EU Solar Energy Strategy will boost the roll-out of photovoltaic (PV) energy. As part of the REPowerEU plan, this strategy aims to bring online over 320 GW of solar PV newly installed by 2025, and almost 600 GW by 2030. These frontloaded additional capacities displace the consumption of 9 billion m3 (bcm)of natural gas annually by 2027.
Clean industry
Replacing coal, oil and gas in industrial processes will help cut the dependency on Russian fossil fuels, while transitioning to cleaner energy sources, strengthening industrial competitiveness and supporting international technology leadership.
- Electrification, EE and uptake of renewables could allow industry to save 35 bcm of natural gas by 2030 beyond Fit for 55 targets
- Largest reductions in gas, almost 22 bcm, could be made from non-metallic minerals, cement, glass and ceramics, chemicals production and refineries
- Around 30% of EU primary steel production is expected to be decarbonized on the basis of renewable hydrogen by 2030
Saving energy
Saving energy is the cheapest, safest and cleanest way to reduce reliance on fossil fuel imports from Russia. Together with EE measures, EU’s individual actions will have a positive impact on prices – directly reducing energy bills, making economy more resilient and accelerating EU’s clean energy transition.
