According to the text adopted by the Budgets and Economic and Monetary Affairs committees, EU countries that submit an amended recovery and resilience plan after the entry into force of this proposal will be required to include measures to save energy, produce clean energy and diversify energy supplies, as foreseen in the RePowerEU plan.

Boost independence and fight energy poverty

MEPs amended the proposal to ensure that the new REPowerEU chapters include measures to reduce energy vulnerabilities that would potentially affect the next few winter seasons. The new rules would cover measures starting from 1 February 2022 onwards.

MEPs also agreed that measures included in the RePowerEU chapters should prioritise investments to tackle energy poverty for vulnerable households, SMEs and micro-enterprises.

Funding

MEPs agreed that the additional EUR 20 billion in grants, proposed by the Commission, should come from an earlier auctioning of national emission allowances under the EU Emissions Trading System, instead of using allowances from the Market Stability Reserve.

MEPs also call on the Commission to identify additional sources to complement the financing of REPowerEU actions, including by providing the flexibility to use unspent funds, particularly from the period 2014-2020.

They propose that these additional grants are distributed to member states taking into account their energy dependency rate, the increase of energy-related costs for households and the share of…