Why Energy Efficiency is Important

As the EU and Ukraine develop closer economic integration through the negotiation of a Free Trade Agreement, a key element in the relationship will be co-operation in respect of energy policy and energy efficiency. This is the topic of the second in a series of Energy Round Tables organised by the EU Ukraine Business Council. The business meetings are sponsored by DTEK, the number one privately-owned power producer and number one coal producer in Ukraine.

Speaking ahead of the conference Director of the EU Ukraine Business Council James Wilson said, “Energy efficiency is vital for our future. Demand for energy is growing, and climate change is now at the centre of the political agenda. The most effective way to cut energy costs and tackle CO2 emissions at the same time is to reduce consumption through energy efficiency programmes.”
“Time is running out.” He went on to say. “We can achieve 57 % reduction in our emissions with more efficient use of energy, but we must also research the technologies that will be essential to sustain affordable energy for the future and implement these advances faster than we are doing now.”
The conference will look at the many new business opportunities in energy efficiency that are being generated by closer partnership between Ukraine and the EU in the areas of motor transport, buildings, consumer electrical appliances and industry. The meeting will also analyse what funds are available to facilitate the development of new projects in these area. Late registrations for the conference are still possible on the EU Ukraine Business Council website www.euubc.com.