On Tuesday 21 May, the European Commission approved Ireland’s revised post-Covid-19 recovery plan, which includes a ‘REPowerEU’ chapter designed to speed up the energy transition and reduce dependence on Russian hydrocarbons (see EUROPE B13378A25).
With a total of €1.15 billion in grants alone, the Irish plan now includes 11 reforms and 19 investments. More than half of the funds will be allocated to climate action, in particular to finance increased deployment of offshore wind...