EU ministers agree to include energy self-sufficiency in recovery plans
The Ministers of Finance and Economic Affairs of the EU member states, meeting in Luxembourg, agreed to include energy self-sufficiency in their national recovery and resilience plans.
REPowerEU, a plan proposed by the European Commission in May, aims at strengthening the Union’s strategic autonomy by diversifying energy supplies, thus weaning the bloc off its dependency on Russian fossil fuels. It also aims to boost energy saving and the production of clean energy.
“In practical terms, the proposal seeks to add a new REPowerEU chapter to EU member states’ national recovery and resilience plans (RRPs) under NextGenerationEU (the EU’s economic recovery package) in order to finance key investments and reforms, which will help achieve the REPowerEU objectives,” according to the EU Council on Tuesday.
