REPowerEU is the plan that the European Union approved in May 2022 after Russia’s invasion of Ukraine, with the aim of emancipating itself from Russian fossil fuel sources within five years.
In reality, this plan also stems from a desire to rapidly reduce dependence on Russia, accelerate the green transition and increase the EU’s energy savings.
As much as EUR 300 billion in grants, funding and loans have been allocated to achieve these goals.
What are the main actions of the REPowerEU plan
The REPowerEU plan consists of a number of main actions:
- energy savings, with the aim of increasing energy efficiency from 9% to 13% in the context of the ‘Fit for 55’ package
- the diversification of supply, with the creation of an ‘EU Energy Platform’
- replacing fossil fuels with renewables, with a plan to increase the use of solar energy and multiply hydrogen production
- combining investments and reforms in a targeted and intelligent manner,
Specifically, the programme launched by the European Union envisages two levels of measures:
- short-term, to be implemented immediately, such as the implementation of solar and wind energy projects and the spread of renewable hydrogen
- in the medium to long term, such as the strengthening of industrial decarbonisation and a regulatory framework for the use of hydrogen as an energy source
But it does not end there. One of the planned measures concerns the realisation of the EU Energy Platform, i.e. a platform aimed at pooling gas demand and coordinating the use of import, storage and transport infrastructures.
Finally, in view of the development of renewable energy sources, the EU Solar Strategy, which aims at the use of photovoltaic roofs, is fundamental.
Well, the REPowerEU plan introduces the compulsory installation of these:
- by 2026 on the roofs of new commercial and public buildings with an area of more than 250 m2
- by 2029 on all new residential buildings
REPowerEU 2023: the plan changes
On 14 February 2023, the Council of the European Union approved amendments to the REPowerEU plan.
In particular, it granted the inclusion of chapters dedicated to the REPowerEU plan within the Recovery and Resilience Plans (RRF).
In a nutshell, EU Member States are allowed to include a chapter dedicated to the REPowerEU in their RRFs, in order to channel investments in this direction and consequently implement the necessary reforms to reach the targets by 2030. The deadline for including the changes is 31 August 2023.
Finally, an additional EUR 20 billion in subsidies will be available to finance the investments and reforms coming from the auctioning of ETS allowances.
Want to know more?
Find out about the incentives in the NRP for switching to hydrogen
Simplifhy designs hydrogen solutions
At Simplifhy we offer the possibility to evaluate hydrogen as an alternative energy source through technologies based on the use of this element as an energy carrier or alternative fuel.
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Read about all the opportunities of hydrogen as an alternative energy carrier to invest in today
As we have already mentioned, to end the EU’s dependence on fossil fuels, the aim of the REPowerEU plan is to promote the development of renewables and invest in hydrogen.
This is why we realise tailor-made projects for each reality and for the most diverse hydrogen application sectors.
Our mission is to simplify the approach to the implementation of hydrogen-based technologies.
Simplifhy solutions for hydrogen production are divided into five types:
- H2-BASIC: for the production and optional storage of hydrogen
- H2-OXY: the modular cabinet that can also extract oxygen
- H2-POWER: for the storage and reuse of renewable energy
- H2-FULL: the complete modular solution
- HYPER-GEN: for generating electricity from renewable sources
All our solutions are equipped with technologies for safety, proper use and remote connection for maintenance and data collection.
In addition, they are fully customisable to meet the specific needs of any application.
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