In the current EU budget, almost EUR 300 billion has been set aside for energy.

Omissions

• The EUR 300 billion figure appears to refer to combined funding across multiple EU instruments including REPowerEU (EUR 300 billion mentioned by the European Commission as the scale of investment needed for energy independence) and NextGenerationEU/RRF climate-related allocations. The figure is not a single dedicated budget line specifically for energy in the MFF.
• The EUR 300 billion figure has been referenced in European Commission communications regarding REPowerEU and energy security investments, representing the estimated investment needed rather than a pre-allocated budget.
• The Institute Jacques Delors report (April 2025) mentions EUR 300 billion 'mostly loans still available from RRF, estimated at EUR 225 billion' for energy-related purposes under REPowerEU.
• The European Climate Action Progress Report 2025 notes that by end of 2024, the EU had mobilised EUR 300 billion, 38% of which was climate related, but this refers to overall investments, not exclusively energy.

Sources

• PrimaryEuropean Commission - Climate Action Progress Report 2025By the end of 2024, it had already mobilised EUR 300 billion, 38% of which was climate related. For 2021-2027, it expects to invest EUR 110 billion into climate action.
• SecondaryInstitute Jacques Delors - Energy Union 2.0 reportEUR 300 billion, mostly loans still available from RRF, estimated at EUR 225 billion for energy-related purposes under REPowerEU