VIDEO

VIDEO – Perspective: SEE region ready for energy efficiency improvements by Ankica Barbulov

Published

January 31, 2017

Country

Comments

0

Share

Published:

January 31, 2017

Country:

Comments:

0

Share

Thanks to legislative framework in place and ESCO companies bringing to the region energy services expertise from more developed markets, South-east Europe is finally ready to improve its energy efficiency. The potential is huge, both in private and public sector, according to Ankica Barbulov, director of GGE ESCO in a video interview for Balkan Green Energy News.

The company Barbulov is managing in Serbia is a part of GGE d.o.o., one of the leading energy services companies in the region. GGE started its operations in Slovenia several years ago. Its regional footprint has expanded in the meantime to Croatia, Serbia and lately Bosnia and Herzegovina, Montenegro and Bulgaria, where GGE’s teams of experts help local clients implement energy efficiency measures, at the same time providing financing for the projects.

According to Barbulov, countries in the SEE region spend 4,5 to 5 times more energy per GDP dollar than the most developed countries in the EU and 2,5 times more than the EU average. In Serbia energy efficiency can be improved by 40 or even 50 percent.

Private sector facilities with the biggest potential for energy efficiency improvements are big power consumers – hotels, spas, large shopping malls, administrative buildings and industry. In the public sector, the biggest potential is in the reconstruction of heating systems, replacement of old boilers that predominantly use fossil fuel with new ones using renewable energy sources. Some other up-to-date technologies, such as heat pumps, solar power etc., can be also applied. There is also a big potential for energy savings through modernization of public lighting systems where energy savings range from 65 to 75 percent annually in kilowatt-hours.

For more information and insights watch the video above.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Wind power strongest force decarbonization EU

Wind power is the strongest force for decarbonization in the EU

16 September 2021 - Energy-intensive industries see renewables are the cheapest and reliable form of energy, WindEurope CEO Giles Dickson says

Issuing green bonds cost effective ordinary debt

Issuing green bonds is more cost effective than ordinary debt securities

06 September 2021 - If fossil fuel companies are transitioning to clean energy, they should issue green bonds, CEO of Climate Bonds Initiative Sean Kidney said in an interview

Transformation innovation in energy sector Elena Boskov Kovacs

Transform and innovate if you want to remain a player in energy sector

30 August 2021 - Innovations are becoming increasingly important in the energy sector, which, though a traditional and regulated one, today is at a huge turning point. Ultimately, if you want to remain a player in the energy sector, in the long run, it is essential to continue to transform and innovate, says Elena Boskov Kovacs.

dioxins furans air Belgrade Vinca fire toxic features Branko Milicevic

Levels of dioxins and furans in air from Vinča landfill fire must be measured

13 August 2021 - UNECE's Branko Milićević says the question is not whether dioxins and furans from the Vinča landfill in Belgrade are in the air but how much