Energy Headlines

On March, 1, Cabinet of Ministers of Ukraine has adopted State target economic program on energy efficiency for 2010-2015. This document will determine national strategy for nearest five years. Program is a large document which prescribes a number of measures which are planned to be implemented in energy efficiency sector. National program is aimed at reducing energy intensity of national GDP for 20%. The program also foresees an optimization of fuel and energy balance of Ukraine by decreasing quota of imported energy resources and growth of alternative energetics.

Document is supplemented with 15 sector and 27 regional programs on energy efficiency and also separate state target programs, particularly, on biofuels, wind energy and gas-methane development.

Full complex of measures foreseen by program requires 250 bln. hrn. of investments. 30, 1 bln. hrn. in this sum will be assigned from budgetary funds, 15 bln. hrn. from local budgets, and 204,9 bln. hrn. from private investors.

Source: National Agency of Ukraine on Ensuring of Efficient Use of Energy Resources