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Zubko: Ukrainian energy efficiency market is estimated EUR55 milliard and has significant investment potential
25.11.2015 10:31 "Agro Perspectiva" (Kyiv) —
A reform in energy efficiency sector is among major drivers of the Ukrainian economy and one of the most ambitious investment projects in Europe, Government Portal reports quoting the Ukrainian Vice Prime Minister - Minister of Regional Development, Construction, Housing and Utilities Ghennadiy Zubko as saying yesterday following the meeting with the Executive Director of the International Energy Agency (IEA) Fatih Birol within the framework of his working visit to France.
«The value of the Ukrainian market of energy efficiency is estimated at EUR 55 milliard. Its annual capacity can reach EUR2 milliard and 100 thousand jobs. And therefore, each invested Euro will return with large profit,» Zubko said.
As to him, at the legislative level, the Ukrainian Government greatly contributes to the creation of conditions to facilitate the development of energy efficiency market. Among the enacted laws are those on energy service companies (ESCO) and condominium associations. The next step is the adoption of laws «On utilities and commercial metering», «On energy efficiency of buildings» and «On energy efficiency». These bills are drafted in compliance with directives of the European Union and are coordinated with the Energy Community, stressed the Vice Prime Minister.
Also, he added that soon the French delegation would visit Kyiv to become familiar with possible investment projects in the sector of energy efficiency. Presently, an Energy Efficiency Fund scheduled for launch in 2016 stirs interest among the French business community.
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