EU plan to end Russian energy dependency looks stalled, auditors' report warns
By Ryan Harrison and Louis Crosnier de Briant ( September 9, 2026, 15:00 GMT | Insight) -- EU member states have so far committed less than a fifth of the €300 billion in funding available for projects under the REPowerEU plan to end dependence on Russian fossil fuels and speed the green energy transition, a new report by the EU's institutional financial watchdog warns. It worries that funding needs were either "wrongly estimated and largely overblown," or that there's a failure to translate objectives into "concrete action.”EU member states have so far committed less than a fifth of the hundreds of billions of euros in funding available for projects under a major plan to end Europe's dependence on Russian fossil fuels and speed its green energy transition, a report by the EU's institutional financial watchdog warns....
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