{"id":329534,"date":"2024-01-25T17:34:29","date_gmt":"2024-01-25T16:34:29","guid":{"rendered":"https:\/\/www.eunews.it\/2024\/01\/25\/italia-energia-repower-ue-prefinanziamento\/"},"modified":"2024-01-31T15:55:31","modified_gmt":"2024-01-31T14:55:31","slug":"brussels-makes-551-2-million-euros-advance-payments-to-italy-for-repowereu-goals","status":"publish","type":"post","link":"https:\/\/staging.eunews.it\/en\/2024\/01\/25\/brussels-makes-551-2-million-euros-advance-payments-to-italy-for-repowereu-goals\/","title":{"rendered":"Brussels makes 551.2 million euros advance payments to Italy for REPowerEu goals"},"content":{"rendered":"

Brussels – Brussels approved 551.2 million<\/strong> euros in advance financing to Italy to support the goals of REPowerEu,<\/strong> the plan for energy independence launched in May 2022. \u00a0The announcement came in a statement from the European Commission<\/a>, which also disbursed pre-financing resources to Belgium, Croatia, Cyprus, Finland, Greece, Latvia, Romania, and Spain.<\/strong><\/p>\n

These\u00a0payments, Brussels explains, will help accelerate the implementation of key investment and reform measures outlined in the Energy Independence Plan designed to free the European Union from energy dependence on Russia. The pre-financing payments, made in one or two stages, represent up to 20 percent of the additional funds required to finance the REPowerEU chapter.<\/p>\n

The chapter is ‘added’ to the national recovery and resilience plan, the NRRP, which now includes five reforms, five “at scale” investments based on existing measures, and 12 investments<\/strong> to reduce dependence on fossil fuels, in line with one of the REPowerEU goals. Italy\u2019s REPowerEU grants allocation amounts to 2.75 million euros<\/strong> to finance the energy targets. In
\naddition, Italy has decided to repurpose 8.4 billion euros from the plan
\ntowards investments that pursue energy independence goals. The total REpowerEU envelope, therefore, amounts to just over 11 billion euros.<\/p>\n

In its supplementary chapter, Italy included reforms to streamline permitting for renewable energy deployment, reduce environmentally harmful subsidies, facilitate biomethane production, and intensify the provision and adoption of skills needed for the green transition. <\/span>These reforms are complemented by new or enhanced investments compared to the original plan to increase the efficiency, reliability, and safety of the electricity grid, increase hydrogen production, address energy poverty, facilitate the recovery and recycling of critical raw materials, and strengthen railways and the zero-emission bus fleet.<\/p>\n

 <\/p>\n

\n

More good news regarding the NRRP, as the European Commission has today
\ndisbursed an advance payment of approximately 551 million euros for the
\ngrant relating to the new REPowerEU chapter, which was included as part
\nof the Plan\u2019s revision….<\/p>\n

– Giorgia Meloni (@GiorgiaMeloni) January 25, 2024<\/a><\/p><\/blockquote>\n

Premier Giorgia Meloni<\/strong>\u00a0on X (formerly Twitter) said: “\u201cMore good news regarding the NRRP, as the European Commission has today
\ndisbursed an advance payment of approximately 551 million euros<\/strong> for the
\ngrant relating to the new REPowerEU chapter, which was included as part
\nof the Plan\u2019s revision. We consider today\u2019s payment to be another important step forward in the
\nimplementation of the NRRP, which the Government is carrying out
\neffectively and with determination.\u201d<\/p>\n

European Affairs, the South, Cohesion Policies Minister and for the NRRP, Raffaele Fitto,<\/strong> added that\u00a0about 102,5 billion arrived in Italy from the NRRP,<\/strong> including today’s advance on the REPowerEU which kicks off a new path, strongly desired by the government, related to the implementation of the fundamental measures in favor of energy saving and clean energy production.”<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Advance payments account for up to 20 percent of the additional funds required to finance the energy independence chapter. Meloni: “Step forward on the NRRP implementation.”<\/p>\n","protected":false},"author":4544,"featured_media":273642,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705,25681],"tags":[26180,26179,26555],"class_list":["post-329534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-politics","tag-pnrr-en","tag-repower-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/posts\/329534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/users\/4544"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=329534"}],"version-history":[{"count":10,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/posts\/329534\/revisions"}],"predecessor-version":[{"id":331270,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/posts\/329534\/revisions\/331270"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/media\/273642"}],"wp:attachment":[{"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=329534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=329534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=329534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}