Energy conservation

It encourages the use of renewable energy sources in the household sector with easier repayment – Read the annual energy savings and the payback period

In a global display of commitment to our planet, millions of households worldwide will switch off their lights for an hour at exactly 8:30 pm on Saturday. This symbolic gesture aims to galvanize efforts towards building a sustainable future for Earth.

In a recent report released by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday, it was revealed that demand for natural gas in Europe experienced a significant decline last year, dropping to its lowest level in a decade.

Dragia built the house according to all the energy efficiency rules, and when he started construction back in 1983, there were only a few solar houses in the former Yugoslavia.

The Energy Ministry estimates that the efficiency projects to be implemented in public buildings have the potential to generate savings up to 40 billion Turkish Liras between 2024 and 2030, which is equivalent to the cost of building a large dam.

The Energy and Natural Resources Ministry has produced a conservation guide that recommends heating government offices to a maximum of 22 degrees Celsius in winter, installing solar panels on their roofs, and using bicycles for campus transportation at public institutions.

An annual increase of 5.78% was recorded in the price index for construction materials for the period January-June 2023 compared to the same period in 2022, according to data published by the Cyprus Statistical Service (CyStat) on Tuesday.

The price index for construction materials for June 2023 reached 135.28 units (base year 2015=100).

Starting on Monday, the "Energy Saving at Home" program will accept applications through the platform https://exoikonomo2023.gov.gr. The application period will extend until September 15. It is estimated that around 20,000 households will participate in the program, which has a budget of 300 million euros.

Greece, along with Italy, continues to experience excessive imbalances but its vulnerabilities appear to be receding due to policy progress, according to fiscal policy recommendations given by the European Commission in the context of the European Semester.

In more detail, the European Commission recommends that Greece:

Greek Alternate Finance Minister Theodoros Skylakakis submitted a request to the European Commission for additional loan financing resources from the Recovery and Resilience Facility (RRF), amounting to five billion euros, in the context of REPowerEU.