REPowerEU: Commission queries interest in loans

The European Commission is asking member states to signal early whether they want to take advantage of loans from the REPowerEU package. In addition to grants of €20 billion, the regulation also provides loans of €225 billion to help end dependence on fossil fuels more quickly and drive forward the energy transition. According to the regular schedule, states have until the end of August to submit their loan requests. The commission wants to bring this forward to the end of March for better planning, on voluntary terms.