Hennadii Zubko: The next sectors for modernization after residential sector are industry, energy and transport

After carrying out a large-scale energy modernization of the residential sector and municipal buildings, Ukraine's next step on the way towards energy independence will be modernization of industry, energy and transport sectors. Deputy Prime Minister/ Minister of Regional Development, Construction, Housing and Communal Services of Ukraine Hennadii Zubko announced on air of TV channel 5. 

"Ukraine is striving to be competitive state and consolidate its position in European markets. More than 550 million people today live in the European Union, and this is a huge market. That is why we already have to think how to reduce the energy intensity of our Ukrainian products. So, the next step in implementing the law on energy efficiency will be not only the residential sector, but also industry, energy and transport ", Hennadii Zubko emphasized.

According to him, the country needs to demonstrate how energy efficiency affects the overall macroeconomic picture. Ukraine's macroeconomic starting position looks weaker today. Unfortunately, energy efficiency was almost ruined due to the long dependence of the country on the Russian gas supplies, the low price of gas (which was really huge) energy efficiency. This situation, moreover, triggered a huge corruption.

"Today, Ukraine has  chosen another way and we are coming to a market-oriented approach that brings the country closer to European standards on energy consumption. And the starting points of this strategy are great - we set ourselves the goal of constantly monitoring all energy-efficient residential sector projects that will be implemented within the framework of the Energy Efficiency Fund. We will see how in a year or two consumption will decrease in such buildings, we will propose new approaches, tools, technologies not only for modernizing fencing structures, but also for upgrading engineering networks, "Hennadii Zubko explained.

Today, citiznes, besides the desire to reduce the figures in their payments for utility services, also demand other quality of services. And implementation of energy efficiency measures in buildings increases the livelihoods of such a house for at least 15 years. This automatically increases the cost of such housing.

It should be noted that yesterday the trilateral agreement between the International Finance Corporation (IFC, World Bank Group), the Energy Efficiency Fund and UkrGazBank that  gave a green light to financing of the Energy Efficiency Fund projects  was signed.