During a press conference at the Building of the Government, Chairman of the State Agency for Energy Efficiency and Energy Saving (SAEE) Serhii Savchuk presented key achievements that have been achieved due to a fruitful work on energy efficiency and renewable energy development over the last 4 years, in particular attraction of over € 1.1 billion green investments in renewable energy projects, 6 billion cubic meters of saved gas per year, annual savings on gas purchases amount to € 1.2 billion, 190 concluded ESCO contracts amounting to almost UAH 200 million and 7 UAH billion investments in insulation of houses.
Serhii Savchuk emphasized that this is an unconditional success. which provides Ukraine with the opportunity to become energy independent and economically strong, to create new jobs thanks to gas replacement projects, to fill local budgets and to reduce payments for energy resouces to Ukrainian families.
An important initiative launched by the SAEE, which has yielded successful results and helped to save energy resources, is "warm loans" program. Thanks to this program, during a short period from the end of 2014 till today, a sum worth UAH 7 billion was invested in energy efficiency of residential buildings. More than 500 thousand families grasped the opportunity of this program and the state compensated them UAH 2.3 billion.
Apart from "warm loans" program, the SAEE initiated the introduction of an alternative system of insulation of residential buildings - ESCO. Due to effective legislative changes, the ESCO market has been launched in Ukraine. At present, 190 ESCO deals to the tune of UAH 200 mln have already been concluded.
At present, there is a wide range of incentives on the agenda of the State Agency for Energy Efficiency and Energy Saving, inter alia introduction of a new renewable energy support system (auction system), creation of a mechanism of stimulation of enterprises for energy-efficient measures and transition to renewable energy sources, development of waste utilization for energy production, creation of a solid biofuels, development of liquid biofuels production and introduction of a green bonds market.