|Policy Type:||Economic Instruments, Policy Support, Research, Development and Deployment (RD&D), Economic Instruments>Market-based instruments, Economic Instruments>Fiscal/financial incentives|
|Policy Target:||Industry>Energy management, Multi-Sectoral Policy|
|Agency:||Department of Alternative Energy Development and Efficiency (DEDE) of the Ministry of Energy.|
This policy aimed to foster the expansion of the energy service market (ESCO), to stimulate private investment in energy efficiency and renewable energy projects and to encourage enterprises to develop energy efficiency and renewable energy projects. Therefore, the fund faciliated that enterprises should reduce the energy cost and gain potential benefits from carbon reduction revenue through global carbon market, and encouraged energy savings and dependency on energy imports.
|25 Energy Efficiency Recommendations Applied:||Cross-sectoral, Industry, Energy utilities|
|Related policies:||Energy Conservation Promotion Fund (ENCON Fund)|
Last modified: Tue, 03 May 2016 16:54:07 CEST