Voluntary Energy Efficiency Programme (VEEP)


Voluntary Energy Efficiency Programme (VEEP) : A voluntary commitment by the European chemical industry to reduce its specific energy consumption. The Programme was launched in 1992 and aimed to reduce the energy consumption of the industry by 15% between 1990 and 2000. It has then been extended till year 2005 with a target of 20% reduction in specific energy consumption for the period 1990-2005
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