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Russian Model Of Energy-Saving To Be Applied In Armenia

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  • Russian Model Of Energy-Saving To Be Applied In Armenia

    RUSSIAN MODEL OF ENERGY-SAVING TO BE APPLIED IN ARMENIA

    /PanARMENIAN.Net/
    09.09.2009 16:58 GMT+04:00

    /PanARMENIAN.Net/ Russian model of energy-saving to be applied
    in Armenia, Maxim Titov Russia's "Stable energy" project manager
    told a PanARMENIAN.Net reporter. According to him, both in Russia
    and in Armenia entrepreneurs underestimate the energy efficiency
    capacities. "Businesses are mostly concerned with volumes of
    production, product quality rather than expenses," he said.

    However, according to Mr. Titov, one of the main problems of energy
    efficiency is the lack of awareness of decision-makers and technical
    workers.

    According to Mr. Titov, the republic can apply such practices, in the
    light, food and construction industries. Renewable energy is one of
    the important priorities for Armenia, the expert stressed, adding that
    in Armenia, the renewable energy sector can become a primary direction.

    Yerevan hosted a seminar on "Energy, resource for sustainable
    development", organized by the International Finance Corporation
    (IFC). IFC is organization within the World Bank Group, aimed to
    promote sustainable private sector investment in developing countries,
    reduce poverty and improve living conditions. Armenia became a member
    of IFC in 1995. The organization has initiated investments in Armenia
    since 2000.
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