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Image header Agence Europe
Europe Daily Bulletin No. 13171
Contents Publication in full By article 16 / 38
ECONOMY - FINANCE - BUSINESS / Economy

Slovakia and Malta each submit revised national recovery plan with ‘REPowerEU’ chapter

On Thursday, 27 April, Slovakia and Malta each submitted a draft revision of their national recovery plan, as part of the European NextGenerationEU plan, so as to include a ‘REPowerEU’ chapter aiming to accelerate their energy transition and reduce their dependence on fossil fuels, particularly Russian ones, in it.

The Slovak authorities are planning six new reforms and eight new investments—notably in renewable energy (geothermal energy and green hydrogen), transforming the electricity grid, increasing energy efficiency, and combating energy poverty.

Slovakia will be allocated a total of €6.4 billion for its revised plan, including €367 million in grants specific to the ‘REPowerEU’ chapter.

See Slovakia’s revised plan: https://aeur.eu/f/6lj

Malta. The Maltese authorities want to expedite the [procedures for] granting permits for renewable energy production and want to require solar panels to be installed on all new buildings. The aim is also to improve the electricity grid via battery-storage solutions.

Malta will receive a total of €328 million in financial assistance for its revised recovery plan, including €30 million in grants specific to the ‘REPowerEU’ chapter.

See Malta’s revised plan: https://aeur.eu/f/6lk

The European Commission has 2 months to evaluate these draft revisions of the recovery plans before the Council of the EU is given 4 weeks to adopt them. (Original version in French by Mathieu Bion)

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