Energy Service Companies and Energy Performance Contracting: is there a need to renew the business model? Insights from a Delphi study

2014 ◽  
Vol 66 ◽  
pp. 264-271 ◽  
Author(s):  
Satu Pätäri ◽  
Kirsi Sinkkonen
2013 ◽  
Vol 357-360 ◽  
pp. 2768-2774
Author(s):  
Yan Qu ◽  
Chao Hui Quan ◽  
Jo Darkwa ◽  
David Chow

Energy Performance Contracting is a new financial mechanism committed to the energy efficiency financing and an important bridge to communicate energy service companies and clients. The paper sums up 19 influential factors through the literature review and the process in Energy Performance Contracting. 9 factors that the policy, clients' appetite for risk, building energy consumption of clients, the costs of ESCOs, the technological level of ESCOs, the energy-saving result of projects, the proportion of energy-saving share, project supervision and project complexity are extracted which provides the important reference for designing the energy performance contract based on the questionnaire survey and empirical research.


2013 ◽  
Vol 8 (1) ◽  
pp. 177-190 ◽  
Author(s):  
Pengpeng Xu ◽  
Edwin H. W. Chan ◽  
Patrick T. I. Lam

Sustainable building has become a future development trend in the building sector. Building Energy Efficiency Retrofit (BEER) provides excellent opportunities to reduce energy consumption in existing buildings, and to promote environmental protection, the rational use of resources, occupants' health, all of which helps to improve the sustainability of existing buildings. Energy Performance Contracting (EPC) provided by Energy Service Companies (ESCOs) is a market mechanism to provide financial and technological support for energy efficiency projects. This paper aims to develop a sustainability promotion framework for BEER projects under the EPC mechanism to link the sustainable performance of BEER with the success factors of this EPC mechanism. Different types of building have different energy consumption characteristics. This research focuses on hotel buildings in China. The paper develops a framework for sustainable BEER through an EPC mechanism in hotel buildings based on the EFQM Excellence Model for business quality management. Interviews were conducted with experts from the hotel industry, from energy service companies and with academics. Based on the developed framework, the study has identified 11 performance indicators for sustainable BEER and 28 success factors of an EPC mechanism. This provides significant groundwork for future study in developing an assessment model to evaluate the sustainability of BEER projects.


2011 ◽  
Vol 71-78 ◽  
pp. 2429-2433
Author(s):  
Min Han ◽  
Fang Lv

China has begun to develop Energy Performance Contracting (EPC) since 1990s. However, its development has faced financial difficulties around nation. Therefore, the financial trading market system of Energy Performance Contracting, an overall innovative trading market system based on investment and financing trading platform, is in urgent need to establish in China. Its primary, secondary and futures market will provide innovative channels to investment and finance in energy service industry and derive an independent carbon trading market in the future.


Author(s):  
Hongquan Ruan ◽  
Xin Gao ◽  
Chaoxuan Mao

Currently, the estimation of annual energy-saving performance of Energy Performance Contracting (EPC) projects is still at the operating level of each individual project, lacking a systematic summary. This paper studies the regression relationships of revamping cost in terms of annual energy-saving quantity and annual cost saving of EPC projects. The regression results show that there are statistically significant correlations in the above relationships in the nine subsectors investigated. These results contribute to EPC investment decisions and trust relationships between Energy Service Companies (ESCos) and energy-consuming units (ECUs). Then a multiple linear regression model of revamping cost is set up to analyze its influencing factors. The model indicates that the subsector the sample belongs to, financing, registered capital of the ESCo, and contract period have significant effects on revamping cost. Finally, advice for promoting investment in EPC projects is given.


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