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The effectiveness of energy service projects were twice as expected

Ukraine / Business and Finance

Saving electricity for objects of state ownership averages about 35%. This is 1.8 times more than the scheduled contracts (average 20%)

The effectiveness of energy service projects were twice as expected

the prospects for the implementation of energy service projects (ESCO) on the objects of public enterprises (PES) were discussed during a meeting held at the Agency of Saee with the participation of people's deputies of Ukraine Ostap of Chipilo, Ivan Yunakov, Sergey Nagorniak, as well as the Deputy Minister of energy and of environmental protection of Ukraine Alexey Ryabchin, Chairman of the Agency Serhiy Savchuk, representatives of the Finance Ministry, the Ukrainian Association of energy service companies and GP.

"the results of the verification 130 ESCO-contracts held by the Saee, showed the efficacy of the mechanism: the energy savings average about 35%. This is 1.8 times more than the scheduled contracts (average 20%)", - said S. Savchuk.

the Agency reminded that in almost all regions of the country has implemented more than 360 ESCO-contracts worth 520 million hryvnia in budget institutions. This mechanism is also being developed on the state property objects, in particular Agency, the interior Ministry, the state statistics Committee.

All of this, according to the Saee, gives reason to consider the use of ESCOs investors to modernization of objects of state-owned enterprises.

So, together with Minamaneho, the Saee, the UNDP project "Removing barriers ESCO" and experts developed draft laws on improvement of the legislation on energy.

In particular, changes in the Budget code is proposed to provide eligible recipients of budget funds to take a long-term budget commitments for energy services.

This rule allows to:

  • to significantly expand the areas of application of ESCO mechanism;
    • to guarantee investors the return of their investments in energy efficiency projects at the facilities of GP.

    following the discussion, the meeting agreed to work out details with representatives of the Deputy corps, Minamaneho and the Ministry of Finance capacity and features of the implementation of ESCOs in the facilities of the state enterprises.

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