The European Commission has approved Italy’s revised post-Covid-19 recovery plan, which contains a REPowerEU chapter designed to accelerate the energy transition and reduce dependence on Russian hydrofluorocarbons (see EUROPE B13234A17).
Now with a budget of €194.4 billion, of which €122.6 billion is in the form of loans, the revised plan devotes more resources (39% of the total) to the climate transition.
New reforms and investment are focused on strengthening electricity...