Ukraine’s Industries to get Energy Efficiency Improvement HelpSeptember 14th 2018
A joint conference took place today between the Ministry for Economic Development and Trade of Ukraine and the German company GIZ with aim if improving the energy efficiency of Ukrainian industrial facilities.
At the conference, a presentation was made on the selection of Ukrainian enterprises that will receive technical support for the implementation of pilot projects on energy efficiency.
At present, Ukraine consumes 3-4 times more energy than the EU on average. In some industries, the share of energy consumption is 40% of total production costs. However, only a few companies are taking measures to reduce energy costs.
First Deputy Minister of Economic Development and Trade of Ukraine Maksym Nefyodov, commenting on the results of the selection of projects, said: “Investing in energy efficiency today is not only part of the social responsibility of business. This is also an economic necessity because the state can not constantly provide businesses with incentives and subsidies for the purchase of energy resources.”
Picture of Bogdan factory in Cherkasyby Вальдимар – Self-photographed, CC BY-SA 3.0.
Interested in learning more?
Take a look below for some electrifying further reading.
Advantages of Energy-Efficient Upgrades in U.S. Buildings, CAP Analysis Says
January 30, 2019Read More
ACCORDING to a column from the Center for American Progress, the setting of ambitious energy efficiency standards in U.S. buildings can lower energy costs for consumers, encourage job growth, and…
Help for Serbia to Improve its Energy Efficiency – Video
January 29, 2019Read More
VELIKO Gradište in northeast Serbia is home to around 17,000 people. An almost equal number of people from this small municipality live abroad, mainly in Austria and Italy, where they…
Support for Energy Efficiency of Buildings in the Czech Republic
January 23, 2019Read More
THE European Investment Advisory Hub will support CMZRB in designing a dedicated investment platform aiming at overcoming market barriers and stimulating more energy efficiency projects. The European Investment Bank (EIB)…