"TURKEY: Energy Efficiency Regulation to Create TL 50 bln Investment’
01.12.2009 Business | Turkey
CEO of İzocam Arif Nuri Bulut has revealed that the Energy Performance in Buildings (BEP) regulation could create TL 50 billion in investment for energy efficiency solutions in homes.
The CEO, in an interview with an Anatolia news agency reporter yesterday, noted that the regulation, which will bring about energy benchmarking standards for buildings, along with energy efficiency requirements, would transform the sector and require new investments in heating, cooling and insulation. According to Bulut, the regulation, which goes into effect on Dec. 5, would reinvigorate the ailing construction sector and decrease dependence on foreign energy sources."
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