News

Energy efficiency fund devised in new legislation

Published

August 14, 2015

Comments

comments icon

0

Share

Published:

August 14, 2015

Comments:

comments icon

0

Share

The Ministry of Energy and Industry has come up with a draft Law on Energy Efficiency which includes energy conservation guides for all electricity consumers, including public administration, big companies and citizens, Albanian Telegraphic Agency said. For the first time it foresees an efficiency fund.

According to sources from the ministry, the country has vowed to reduce energy consumption by 11% until 2020, making enhancement of energy efficiency priority. New rules will be applied in the public sector and big companies first, preventing excessive consumption ranging from banning household appliances which do not save energy to measures for construction. For old apartment buildings and houses, the ministry will set up an efficiency fund, which will support their reconstruction with up to 50%, the article published by AlbReporter portal said.

The government plans to invest EUR 500 million in energy sector until 2020, on the basis of energy recovery strategy, in a bid to liberalize the energy market and minimize losses in distribution network.

Related Articles

Threat mass exodus desalination plants bombed in Iran Gulf countries

Threat of mass exodus as desalination plants targeted in Gulf countries, Iran

09 March 2026 - The Iran war could heavily disrupt the water supply in the region, and desalination plants in particular, alongside environmental disasters

croatia air pollution pollutants emissions report

Croatia reduces air polluting emissions by up to 98% – ministry

09 March 2026 - The Government of Croatia issued a report on the air pollutant emissions inventory for 2026, covering the period from 1990 to 2024

bozinovska interconnections electricity see oecd

Božinovska: Interconnections crucial for Western Balkans energy security

09 March 2026 - North Macedonia is actively working on several key projects for interconnections with electricity systems in the region, said Sanja Božinovska

serbia 2030 plan investments energy dubravka djedovic handanovic

Đedović Handanović: Serbia must start building nuclear power plant before 2035

09 March 2026 - President of Serbia Aleksandar Vučić presented the national strategy Serbia 2030. It is divided into 11 points