Hennadii Zubko: Energy savings and energy efficiency should become a tendency for Ukraine

Energy-efficiency measures enable the European Union to reduce energy consumption up to 50 kW per square meter. In Ukraine, this figure is over 200 kW. We have to bring our norms closer to the level of energy consumption in European countries - 50-80 kW per square meter. This was claimed by Hennadii Zubko, Vice Prime Minister/ Minister of Regional Development, Construction, Housing and Utilities of Ukraine during A Question Time for the Government at the Verkhovna Rada of Ukraine.

"The technical and financial support of the Energy Efficiency Fund, which we are launching, will become a driving force to motivate Ukrainians to invest in energy efficiency, receive financial assistance from the state and international partners, and hence reduce energy consumption," the Vice Prime Minister claimed.

According to him, one of the international partners -the International Finance Corporation will be a member of the Energy Efficiency Fund Supervisory Board. This is an important step called to ensure transparent work of the Fund and the development of modern technical solutions in energy efficiency. "The strategy for corporate management of the Fund has already been shaped, the relevant decrees have been approved by the Government and therefore I invite all active and professional experts to engage in the selection competition of the Supervisory Board," Hennadii Zubko stressed.

He thanked the lawmakers for the support in adopting the necessary legislative framework for energy efficiency. "2017 year became a breakthrough in legislative framework of the reform, thereby key draft laws were approved. The Government, together with the MPs, international partners and experts, developed and approved decisions that have never been adopted before in Ukraine. The main task for this year is a full-fledged start of the Energy Efficiency Fund, which is the main instrument of reform. The Fund is designed to bring energy efficiency to the residential sector, where today are the biggest losses of energy resources," the Vice Prime Minister underscored.