Volumes and Sources of Financing EE and RE programs in Belarus Inna Gritsenko

National Programs Target program for 25% of local fuels in energy balance till 2012 (CM Decree #1680 dated ) Target program for 25% of local fuels in energy balance till 2012 (CM Decree #1680 dated ) State program of Energy System Modernization in 2006 – 2010 (President’s Decree #575 dated ) State program of Energy System Modernization in 2006 – 2010 (President’s Decree #575 dated ) State Energy Efficiency Program State Energy Efficiency Program

Volumes and Sources of Financing Sources of Financing US$ million % Own funds Minenergo Innovation Fund 2484,5 Other Innovation Funds ,7 State and local budget Loans70812,8 Total

Financing breakdown $US 599,95 mill $US 599,95 mill $US mill $US mill $US mill $US mill $US mill $US mill $US mill $US mill. Total – $US 5200 – 5850 mill. Total – $US 5200 – 5850 mill.

Actual Volumes of Financing in 2007 (9 months) Sources of Financing 2007 $US mill. PlanedActual Own funds MinEnergo Innovation Fund 40,25 Other Innovation Funds State and local budget Loans30,863 Total512432

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