Enigin News
Enigin News - Russia Waking up to Energy Efficiency Problems
Russian authorities are beginning to recognize the unsustainability of an economic model based on natural-resource extraction, and to understand that improvements in energy efficiency would boost long-term economic competitiveness.
According to the European Bank for Reconstruction and Development, Russia uses more than seven times as much energy per unit of GDP than the average for West European economies. Energy wastage in public sector buildings and in housing is significant.
In some ways, Russia's predicament is a legacy of the Soviet Union's economy, when energy was cheap, subsidized and plentiful. Although domestic energy prices and tariffs are still subsidized, they have risen considerably; in principle, this should serve as an incentive for companies and consumers to reduce energy consumption.
The public and private sectors across Russia can benefit from the experise and solutions offered by Enigin Distributors.
Wednesday 21st April 2010
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