We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 


Will REPowerEU accelerate the energy transition?

Get this report


You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

23 May 2022

Will REPowerEU accelerate the energy transition?

Report summary

The European Commission's REPowerEU plan aims to rapidly reduce reliance on Russian energy imports, without derailing net zero ambitions. Renewable generation targets call for a 15% increase over the already ambitious Fit-for-55 plan. With hydrogen requiring an even bigger leap. Phasing out imports of Russian coal and oil is already within sight, but gas is a much more difficult proposition. Incremental LNG imports – near- and long-term – will play a much bigger role than piped gas alternatives. All of the targets laid out in the REPowerEU plan are a stretch. Member states must act quickly to implement the measures with targeted policies and funding. Doing so will put Europe in a better position to deliver against its net zero targets.

Table of contents

Tables and charts

This report includes 3 images and tables including:

  • EU-27 solar and wind generation capacity (2030)
  • EU-27 Hydrogen supply and demand (2030)
  • Additional gas supply to EU-27 from non-Russian sources (2030)

What's included

This report contains:

  • Document

    Will REPowerEU accelerate the energy transition?

    PDF 789.64 KB