Ukraine invites Sweden to join Energy Efficiency Fund – official
Ukraine initiates the creation of the Energy Efficiency Fund and the country invites the Swedish government to participate in it, Deputy Prime Minister, Regional Development, Construction, Housing and Utilities Economy Minister Hennadiy Zubko said at a meeting with Swedish Minister for International Development Cooperation Isabella Lovin.
The public relations department of the secretariat of the Cabinet of Ministers reported, referring to Zubko, Ukraine was interested in the introduction of modern technologies that would enable to save, reduce consumption, and eventually replace natural gas with alternative fuels.
In her turn, Lovin appreciated carrying out reforms in Ukraine, particularly in the energy area.
"We're ready to share our experience with Ukraine and provide expert assistance in energy saving issues," she said.
"The energy efficiency market of Ukraine makes up about EUR 55 billion. We are establishing transparent and clear conditions for the arrival and activity of investors in the energy efficiency area," Zubko said.
He said that laws on energy service companies, specifics of ownership of an apartment building aimed at providing conditions for market efficiency had been already adopted. The next step would be the adoption of laws on public utilities and commercial accounting, as well as energy efficiency of buildings.
