Federal Minister Brüderle signs German-Russian declaration on co-operation in the energy efficiency sector

Within the framework of the 12th German-Russian Intergovernmental Consultations in Yekaterinburg, Federal Minister of Economics and Technology Rainer Brüderle today co-chaired a Russian-German forum on energy efficiency together with Russian Energy Minister Sergei Shmatko. On this occasion, the ministers also signed a joint Russian-German declaration on intensified co-operation in the energy efficiency sector. The declaration contains a list of priority projects to enhance energy efficiency in Russia.

Minister Brüderle stated: "The joint Russian-German Declaration on co-operation in the energy efficiency sector represents another important step in the intensification of our co-operation with Russia in the field of energy. The concrete projects outlined in the joint declaration will contribute to the advancement of energy-efficient modernisation processes in Russia with the help of German technology companies. Both sides can benefit tremendously from this collaboration."

There is great potential in Russia for increasing energy efficiency in buildings, in power grid infrastructure and in industry. According to the Russian government, Russia has set the target of achieving an energy savings level of roughly 40% by 2020 through the more efficient use of energy. Increased energy efficiency in Russia will enable Russia to boost its exports of oil and gas and thereby enhance Europe's security of supply. Furthermore, greater energy efficiency will make an important contribution to climate protection.