The impact of the Recovery and Resilience Facility on Member States’ energy sectors

| Economic Growth

As the central pillar of Next Generation EU, the unprecedented Recovery and Resilience Facility makes available over EUR 720 billion to Member States in both grants and loans. The aim of the Facility is to support structural reforms and investments that enable Member States to address the economic impacts of the COVID 19 pandemic and boost a strong and sustainable recovery. At least 37% of the funds will support climate objectives.

On this background, DG ENER commissioned Ecorys, as the leader in a consortium with Ramboll and VIS, to conduct a study on the impact of the RRF on energy-related measures and corresponding financial solutions, as presented in the national Recovery and Resilience Plans.

The consortium will use a mixed-methods research approach to provide a solid understanding of two strongly interrelated topics: 

  • the impact of the reforms and investment measures included in the national RRPs on reaching the relevant energy and climate targets
  • the impact of the RRPs on the use of financial instruments in energy projects

With respect to the second topic, the study will focus in particular on the impact of the RRF on the development of the market for financial instruments, as well as on synergies between the RRF and alternative (European and national) financing solutions. 

In order to address these topics, the research team will conduct a comprehensive review of the up-to-date policy and academic literature, as well as expert interviews at both EU and national levels. The study results will be critical for potential amendments to the RRF and revisions of other EU funding programmes. 

The study began in May 2022 and will be concluded in November 2022.