THE ENERGY EFFICIENCY IMPERATIVE IN RUSSIA

THE ENERGY EFFICIENCY IMPERATIVE IN RUSSIA

22 May, 16:00–17:15


Russia is the world’s fourth largest energy consumer with an energy intensity several times higher than that of other comparative economies. The Russian Government has set the goal of a 40% reduction of energy intensity by 2020, but to realize this ambition will take some EUR 230 billion in investment. What government support measures and financial incentives are required to advance this policy initiative? Can the private sector alone drive the adoption of energy efficient technologies and how can the interdependency of public and private sector agendas best be managed to achieve optimum savings?

















Broadcast

Key moments

"The key message should be to look at the whole supply chain for everybody, for both producers and consumers, but also to make sure that prices really reflect the scarcity of energy".
Dr. Hans-Paul Buerkner
"To answer the question of who is faster, business or the government, I believe that if the government fails to create favourable conditions, we won’t be able to achieve our goals no matter how efficient business is'.
Roman Starovoit
"Our competitiveness [in Russia] will depend on our ability to meet international standards".
Rustam Minnikhanov