The Independent Authority for Fiscal Responsibility (AIReF) has updated its Recovery, Transformation and Resilience Plan (RTRP) Monitor to include data for 2025, a year in which contracts were formalised and grants awarded for almost €15 billion.
AIReF’s RTRP Monitor is an interactive data visualisation tool that tracks the implementation of the RTRP by drawing on publicly available information from public administration tender and grant databases.
With the inclusion of the 2025 data, contracts have been formalised and grants awarded for a total of €59 billion across 1.5 million operations. The number of unique awardees or beneficiaries amounts to 1.3 million, as a single beneficiary may receive more than one grant or contract award.
In 2025, progress was recorded across almost all components, particularly in Component 09—Renewable Hydrogen. In this area, formalised awards during the year exceeded €2 billion, raising the implementation rate to 85%, compared with 19% at the start of the year. AIReF’s Monitor shows that these actions channelled resources to 75 companies, supporting pilot lines, proof-of-concept initiatives and projects related to hydrogen production and consumption.
In terms of subsectors, activity in 2025 was strongest in Local Corporations and in the Institutional Public Sector. The Institute for Energy Saving and Diversification (IDAE) played a particularly significant role in hydrogen-related investments. By contrast, the pace of contract formalisation and grant awards by the General State Administration and the Autonomous Regions peaked in 2023 and has since declined gradually.
AIReF’s RTRP Monitor provides a high level of granularity, offering detailed information on the allocation of RTRP funds by subsector, component and investment line. It shows the amounts formalised and awarded against the allocation for each component, together with a breakdown by investment line and rankings of the RTRP elements that absorb the largest share of funds. All the microdata underpinning the tool’s aggregations, figures and tables have been made publicly available for download in a machine-readable format.
