Renewable Island: REPowerEU plan creates an opportunity for Ireland
Shani Stallard, of Pinsent Masons Ireland.
On 18th May 2022 the European Commission published its mammoth REPowerEU plan which aims to accelerate Europe’s green transition with a particular focus on reducing the European Union’s dependence on Russian fossil fuels. In these difficult and tense times, likening the sheer scale and ambition of REPowerEU to a Green “Beast” is somehow appropriate. The flurry of the well-repeated claims as to Ireland’s potential as an energy exporter now need to be put into action - REPowerEU will place Ireland’s ability to deliver and benefit from the core policy drivers, in the spotlight.
REPowerEU is not just “another” policy; it is essentially European law and is already having a deep impact across Europe.
