On March 31, 2015 Kiev hosted the event the Day of the Energy Efficiency “Chance for business chance for Ukraine”. Experts on energy efficiency and energy savings discussed the problems of the sector, in particular, irrational energy consumption that has a negative effect on the state budget of the country and on the entire Ukrainian economy.

The speakers in their reports stated that the implementation of even inconsiderable measures on energy modernization shall make it possible to reduce gradually the energy consumption in municipal, private and public sectors. The participants proved the necessity to introduce energy service contracts, to conduct energy audits at enterprises, as well as discussed the state and the development prospects of renewable energy in Ukraine. The important elements required to implement energy efficiency projects is the support from the government and investments attraction.