EU’s plan to gain independence from Russian energy faltering, auditors warn
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Usagevpn.com – The European Union has sharply reduced its purchases of Russian fossil fuels since Moscow’s full-scale invasion of Ukraine, but a major effort to turn that break into lasting energy independence is struggling to meet its objectives. A new audit by the European Court of Auditors finds that REPowerEU, launched in 2022, has not delivered progress at the scale envisioned when the programme was created.
The plan was designed to end the bloc’s reliance on Russian energy while speeding up renewable deployment, energy savings and the construction of a more connected European power system. Its strategic importance has only grown amid geopolitical uncertainty and volatile energy markets. Yet auditors conclude that the gap between the programme’s ambitions, financing and practical delivery remains substantial.…
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