The disbursement aligns with the REPowerEU Plan's goal to make Europe independent from Russian fossil fuels well before 2030, given recent geopolitical events.

The pre-financing payments, equivalent to up to 20% of the additional funds requested for each country's REPowerEU chapter, support the accelerated implementation of measures. Similar disbursements have been made to Estonia, Slovakia, Slovenia, and France, following Council approval of their revised plans, which include a REPowerEU chapter.

Malta's plan, now inclusive of one reform and one investment to reduce reliance on fossil fuels, aligns with the REPowerEU objectives. The country has requested a transfer of €40 million from its Brexit Adjustment Reserve, in addition to its REPowerEU grant of €30 million.

Key measures in Malta's REPowerEU plan include a reform of the permitting system for renewable energy projects and a €70 million investment in the electricity grid. The reform aims to expedite permits for renewable energy projects and mandate rooftop solar panels on certain new buildings. The investment will enhance the electricity grid, expand distribution services, and establish centralised battery storage capacity. Collectively, these measures are expected to boost Malta's renewable energy share and accelerate decarbonization across energy, building, and transport sectors.