Legislation increasing the viability of Energy Performance Contracts, including necessary budget code amendments, was enacted. P3DP provided significant input to the development and advocacy for the adoption of the reforms. The introduced legislation provides incentives for private sector investment and public-private partnerships in energy sector modernization.
Draft Laws # 1313 and #1409 on ESCO implementation, including budget code amendments were adopted by Verkhovna Rada. P3DP provided input to their development and advocated for their adoption. These drafts introduce incentives for energy modernization through Energy Performance Contracts and long term budget commitments, which is an important consideration in implementing PPPs.
Draft Laws # 1313 and #1409 on ESCO implementation and corresponding Budget Code amendments were adopted in first reading. The draft laws introduce incentives for energy modernization through Energy Performance Contracts and Long Term Budget commitments. P3DP provided input to the amendments’ development and promotion.