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Ukraine passes law on energy efficiency

Source : 112 Ukraine

The MPs endorsed the respective bill in the second reading and in general
16:27, 21 October 2021

A production of “green” electricity
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The Ukrainian Parliament has approved the draft bill on energy efficiency (No.4507). 282 MPs voted for the document, with 226 necessary to pass.

The bill was developed in order to set the legal, economic and organization basics of activity in the area of energy efficiency, provision of energy-effective measures that will be conducted during production, transportation, passage, redistribution, supply and consumption of the energy. The document was prpared within the frameworks of the 2012/27/EU Directive.

Related: EU to provide 54 million euro to support energy efficiency in Ukraine

Earlier, the European Commission adopted a Communication on Energy Prices, to tackle the exceptional rise in global energy prices, which is projected to last through the winter. The corresponding decision was published on the official website of the European Commission. 

It is noted that the Communication includes a “toolbox” that the EU and its Member States can use to address the immediate impact of current prices increases, and further strengthen resilience against future shocks.

Short-term national measures include emergency income support to households, state aid for companies, and targeted tax reductions. The Commission will also support investments in renewable energy and energy efficiency; examine possible measures on energy storage and purchasing of gas reserves; and assess the current electricity market design.

Related: EIB to allocate €300 million to Ukraine for increasing its energy efficiency

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