The Power Plant Strategy presented yesterday was expected to provide more clarity on the role of renewables and energy storage in the country’s roadmap. However, instead of focusing on supporting the further build-out of renewable energies with energy storage, the plan puts forward investments in more gas-fired power plants, with the promise of converting them to run on hydrogen by 2040. Currently, €44 billion subsidies are expected to finance the gas power plant expansion.

• “A defined intermediate climate target by 2040 is politically correct. The path is more important than the actual number: now the EU Communication indicates how the emission reductions can be achieved.”
   

Last night, the European Parliament, the EU Council and the Commission reached an agreement on the common rules promoting the repair of goods. The new law sets measures to strengthen the right to repair goods - from vacuum cleaners to smartphones or washing machines - and promote a more sustainable consumption across Europe.  

Ahead of tomorrow’s extraordinary meeting of the European Council in Brussels, the Leaders of five political groups in the European Parliament reiterate their call for financing of aid to Ukraine.