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Parliament approves law on energy efficiency

The Verkhovna Rada of Ukraine has adopted law No.4507 "On energy efficiency".

According to an Ukrinform correspondent, 282 MPs voted in favor of the relevant document at second reading, with the required minimum being 226 votes.

The draft law is a framework one and establishes the basic legal, economic and organizational principles of energy efficiency in the production, transportation, transmission, distribution, supply and consumption of energy.

According to the text of the document prepared for second reading, a national action plan on energy efficiency will be developed in Ukraine. Local government bodies will develop local energy plans.

In addition, in order to ensure a sustainable increase in the energy efficiency of final energy consumption, a target for annual reduction of energy consumption will be set in Ukraine. It should be at least 0.8% of the total annual energy supply to consumers, averaged over the period from January 1, 2017 to December 31, 2019.

The law introduces energy audits at enterprises. Large business entities will be required to conduct an energy audit every four years.

The document also envisages extensive implementation of energy management systems.

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