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The possible impact of REPowerEU plan on power and gas GoO markets

Tuesday, 24 May 2022

Selma P. Utonih & Kevin Lim

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In response to the Russian invasion of Ukraine and further highlighting Europe's dependence on energy imports, the European Commission released its REPowerEU plan on 17 March 2022. The plan builds upon the Commission's Fit-for-55 proposals and sets out a detailed pathway to a fast clean energy transition with the hopes of being independent of Russian fossil fuels as early as this year.  

The main four pillars of REPowerEU are as follows: 

  1. Energy savings 

  2. ...

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