More than € 3.3 billion have been invested in renewable energy and energy efficiency of Ukraine for 5 years thanks to effective legislative changes

Created date

21 08 2019
At the press conference at the Cabinet of Ministers of Ukraine,  Sergiy Savchuk presented to the journalists the results of work for 5 years and further goals.
The key results include:
✔ Natural gas consumption was reduced by population, public sector and district heating by 6 billion m3 per year in 2018 compared to 2014. Thus, Ukraine annually saves about 1.2 billion EUR on the natural gas purchase.
✔ 3.3 billion EUR have been attracted in renewable energy and energy efficiency projects due to effective regulatory incentives.
Most investments have been made in "clean" energy:
➡ more than 2.5 billion EUR - in installing about 3000 MW of renewable power capacities;
➡ more than 500 million EUR - in over 2200 MW of new biomass to heat generation capacities.
About 650 thous. families (equivalent to 2 regions) have insulated houses by “warm loans” co-financing from state and local budgets. 
There have been introduced many initatives for the first time in Ukraine.
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