In this paper we present alternative approach for Future Circular electron-positron Collider. Current 100 km circumference design with the top CM energy of 365 GeV (182.5 GeV beam energy) is based on two storage rings to circulate colliding beams [1][2]. One of the ring-ring design shortcomings is enormous power consumption needed to compensate for 100 MW of the beam energy losses for synchrotron radiation. We propose to use energy recovery linac located in the same tunnel to mitigate this drawback. We show in this paper that our approach would allow a significant -up to an order of magnitude -reduction of the beam energy losses while maintaining high luminosity in this collider at high energies. Furthermore, our approach would allow to extend CM energy to 500 GeV (or above), which is sufficient for double-Higgs production.Introduction. The current ring-ring design of the Future Circular electron-positron Collider (FCC ee) (see [1][2][3]6] and references therein) aims to achieve the top CM energy of 365 GeV with a luminosity of 1.5-3x10 34 cm -2 s -1 using 100 MW of RF power compensating for the synchrotron radiation of the electron and position beams, which likely would result in a wall-plug AC power of 200MW. At lower energies, with the same level of RF power, the FCC ee luminosity would grow approximately as E -3.6 . While the ring-ring FCC ee promises a very high luminosity of 4.5x10 36 cm -2 s -1 at CM energy of 91.3 GeV, it drops more than two orders of magnitude to 3x10 34 cm -2 s -1 at CM energy of 365 GeV.