REPowerEU

With the publication of Regulation (EU) 2023/435 of 27 February 2023, the REPowerEU plan becomes operational as it represents the need of the Member States to respond to the energy emergency caused by the Russian invasion of Ukraine and is aimed to rapidly reduce our dependence from Russian fossil fuels, accelerating the clean energy transition and joining forces towards a more resilient energy system and a true Energy Union.

The REPowerEU plan builds on the package of proposals "Ready for 55%" (Fit for 55), integrating interventions on the security of energy supply and energy storage. It includes a number of additional actions aimed at:

- saving the energy;

- diversification of energy supply;

- rapid replacement fossil fuels by accelerating Europe's transition to clean energy;

- combining investments and reforms intelligently.

In addition to the Recovery and Resilience Plans of the Member States, REPowerEU envisages temporary exceptional measures under the cohesion policy framework for 2014-2020 established by Regulation (EU) No. 1303/2013 of the European Parliament and of the Council, through a flexible use of the resources of the European Regional Development Fund (ERDF), the European Social Fund (ESF) and the Cohesion Fund, with the aim of helping small and medium-sized enterprises (SMEs) particularly affected by the increases in energy prices and vulnerable households to cover the energy costs incurred and paid, starting from 1st February 2022.

For 2021-2027, however, Member States have the possibility to request up to 7.5% of the resources allocated to them under the Regulation on common provisions for the 2021-2027 period, an as far as Italy is concerned this refers to the ERDF and to the ESF+ to contribute to the objectives of the REPowerEU plan.

Each Member State should therefore submit a chapter dedicated to the REPowerEU plan as an addendum to its National Recovery and Resilience Plan.

The chapters dedicated to the REPowerEU plan should be consistent with the National Energy and Climate Plans of the Member States and with the Union's climate targets set out in Regulation (EU) 2021/1119.