The report “Is the European Union on track to meet its REPowerEU goals?” has been published by the IEA. The REPowerEU plan’s aim is to rapidly reduce dependence on Russian fossil fuels by 2027, and the European Commission estimates that this will require significant expansion of renewable energy shares in the electricity, transport and heating sectors.
Although the use of renewable energy does increase in all three of these sectors by 2027 in the main-case forecast, in none of them are levels consistent with the REPowerEU plan. Should government and industry overcome deployment challenges in the electricity, transport and heating and cooling sectors, REPowerEU goals appear to be within reach, at least in terms of renewable energy.
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