(6)Russia’s aggression against Ukraine and its weaponisation of energy supplies also exacerbated the urgency for the Union to reduce its dependence on fossil fuels by accelerating the roll-out of renewable energy, decarbonisation of industry and the deployment of capacities in sectors strategic to the transition towards a net-zero economy, also taking into account global challenges posing a threat of investments in those sectors being diverted in favour of third countries outside the EEA. At its level, the Union has taken several measures to respond to the energy crisis, including the REPowerEU that aimed to accelerate the transition to green energy and increase the Union energy independence. Under REPowerEU, an additional EUR 20 billion was made available to Member States through Regulation (EU) 2021/241 of the European Parliament and of the Councilnote to address the energy crisis resulting from the impact of Russia’s war of aggression.
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