Chamber News

Businesses need to become more self-sufficient in terms of energy generation

15th June 2022

Businesses need to invest in more energy-efficient refrigeration, heating and cooling, as well as in renewable energy that is complemented by investment in energy storage equipment.

Marisa Xuereb, The Malta Chamber President, participated in the NEXT GEN EU Conference organised by the European Commission.

"Since Malta does not have energy-intensive industries, the green transition must be driven by the electrification of vehicles and improvements in the energy efficiency of buildings. This is where significant gains can be made as the existing building stock suffers from the lack of prioritisation of energy efficiency of buildings up to now," she said.

"Businesses need to invest in more energy-efficient refrigeration, heating and cooling, as well as in renewable energy that is complemented by investment in energy storage equipment. This will enable businesses to become more self-sufficient in terms of energy generation, and thereby reduce their potential exposure to the risks of volatile international energy prices which have become a major economic challenge for Europe," said Xuereb. 


17th June 2022

“This collaboration will be beneficial to our members and their businesses.”

10th June 2022

The sessions have been drafted by the Chairperson of the Family Business committee within The Malta ...

8th June 2022

"The longer-term outlook may be slightly clearer, as the economy globally is becoming increasin...

2nd June 2022

Creditinfo Malta will be paired with The Malta Chamber’s Corporate Governance Committee.

Businesses need to become more self-sufficient in terms of energy generation