Ireland submits request to add a €240 million REPowerEU chapter to its recovery and resilience plan

Today, Ireland has submitted a request to the European Commission to add a REPowerEU chapter to its recovery and resilience plan.

The chapter includes one new reform and five new investments to deliver on the REPowerEU Plan’s objectives to reduce Europe’s reliance on fossil fuels well before 2030. The chapter covers measures on upscaling of renewable energy sources, improving energy efficiency in the public building stock, and investments in sustainable transport.

Ireland has requested to transfer part of its share of the Brexit Adjustment Reserve, amounting to €150 million, to its recovery and resilience plan. Together with Ireland's REPowerEU grants allocation (€90 million), these funds make the total REPowerEU chapter worth €240 million in grants and the EU contribution to Ireland´s recovery plan worth €1.15 billion.

The European Commission now has, as a rule, two months to assess whether the modified plan fulfils the assessment criteria in the Recovery and Resilience Facility Regulation. If the Commission's assessment is positive, it will make a proposal for an amended Council Implementing Decision to reflect the changes to the Irish plan. Member States will then have four weeks to endorse the Commission's assessment.