The energy intensity of Belarus’ gross domestic product was halved in the last 13 years. The information was released by Vitaly Kretsky, Head of the Department for Organizational and Legal Work and Interaction with Mass Media in the State Standardization Committee of Belarus.
The official said: “The energy intensity of Belarus’ GDP has been halved over the course of 13 years. Today our GDP energy intensity is close to that of Finland and Canada, which enjoy similar climatic conditions”.
At present Belarus’ GDP energy intensity stands at 0.19 tons of oil equivalent per $1,000 worth of merchandise.
“In 2016-2020 it is necessary to reduce the GDP energy intensity to the world’s average – by 2% at the end of the five-year term. Plans have been made to reduce the GDP energy intensity in 2016 by 0.4% in comparison with 2015”, the representative of the State Standardization Committee of Belarus said.
The official remarked that considerable reserves in the area of energy saving were available in Belarus. Certain measures and projects stipulated by the government program on energy saving have to be implemented in every branch of the economy. Plans have been made to save 5 million tons of fuel equivalent in 2016-2020. (BelTA/Business World Magazine)