Energy intensity of Ukraine’s GDP is 2 times higher than the global average

08-11-2019

The reason is the inefficient use of energy resources by industrial enterprises, which is unacceptable in the context of high import dependence of the country.

How to change the situation? Today, BRDO experts presented their vision and the Green Paper “Encouraging Industrial Enterprises to Become More Energy-Efficient and Protect the Environment” during the roundtable on the subject.

They identified the main problems on the way to energy efficiency and their solutions:

  1. Irrelevance of the legislation and its inconsistency with Ukraine’s international obligations.
  • Development of the adequate legislative framework
  • Implementation of European directives
  1. Improper formulation of public policy objectives in the sector.
  • A National Energy Efficiency Action Plan is required
  • Introducing energy-saving targets for each segment of industry
  1. Lack of financial resources to implement energy efficiency measures
  • State support is needed, as major assets of the vast majority of enterprises are depreciated, and they lack funds for modernization.
  • Allocation of environmental tax revenues to support energy efficient projects.
  1. Lack of information from the state regarding the estimated cost of energy resources.
  • State forecasting of changes in the cost of energy resources will allow enterprises to plan their long-term activities more effectively.
  1. Lack of incentives to implement energy efficiency measures and a systematic approach to energy consumption.
  • Introducing mandatory energy audits/energy management for large companies
  • Introducing financial mechanisms to stimulate energy efficiency of enterprises

“The approach of industrial enterprises to energy efficiency should be changed in an integrated manner: the state and businesses should work together to reduce energy consumption, and thus create comfortable conditions for technology development and environmental protection,” the BRDO Head Oleksii Dorohan said.

Join the dialogue!

The roundtable online broadcast video is available here: watch

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