ENERGY RESOURCES TO BE BOOSTED BY NATIONAL PROGRAM FOR ENERGY SAVING

Business | December 5, 2001, Wednesday // 00:00

A three-year action plan under the National Program for Energy Saving until 2010 will help save BGN 350-400 M in energy resources, State Agency for Energy Efficiency Chairman Droumi Droumev said on December 4. The plan studies the possibilities for introducing a largescale program for energy saving under the SAVE II Program of the European Union. The study has been developed by the State Agency for Energy Efficiency in cooperation with the Austrian Energy Agency (EVA) and International Consulting on Energy (ICE), France. It includes 42 investment programs - 29 technical and 13 non-technical. It also proposes financial mechanisms for the implementation of the plan - restoration of the Energy Efficiency National Fund, the opening of a credit line for energy efficiency projects, short-term loans from international financial institutions and intergovernmental programs.

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