This law sets out a target to stabilise the share of energy demand for the three most energy-intensive sectors at 40% by 2030. The Energy Conservation Promotion Act has three main components: A compulsory programme that requires 'designated' factories and buildings to conduct energy audit, set targets for energy conservation. It includes a voluntary programme with a focus on small- to medium-sized companies and a complementary programme covering research programmes and awareness raising activities. The act created the Energy Conservation Promotion Fund to finance projects and research related to the issue of energy conservation.
Measures include:
- Improvement in combustion efficiency of fuels
- Energy recycling (waste heat recovery) - Prevention of energy loss
- More efficient use of electricity
The law was amended in 2007.