ENERGY - REPowerEU: fast forwarding the green transition

On 24 February 2022, we all woke up to a changed world. A darker world, where war on the continent of Europe had once again been waged. The fallout of Russia’s unjustified war has been felt across the globe, adding a humanitarian crisis and a commodities crisis to crises already brought on by the pandemic.

date: 17/06/2022

The European Union acted swiftly to sanction Russia and isolate it from its markets. Acknowledging, however, that the EU is dependent on Russian fossil fuels, the REPowerEU Plan aims to redress this geopolitical imbalance by saving energy, diversifying energy supplies, and accelerating the rollout of renewable energy. All of these measures aim to free Europe from Russian fossil fuels before the end of this decade.

Read the European Commission press release announcing REPowerEU.