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.