scholarly journals The ESCO Formula as Support for Public and Commercial Energy Projects in Poland

Energies ◽  
2021 ◽  
Vol 14 (23) ◽  
pp. 8098
Author(s):  
Joanna Kurowska-Pysz ◽  
Grzegorz Kunikowski
Keyword(s):  
Energy Efficiency ◽  
Local Government ◽  
Implementation Process ◽  
Research Problem ◽  
Energy Industry ◽  
Computer Assisted ◽  
Service Company ◽  
Energy Service ◽  
Energy Service Company ◽  
The Government

The formula of engaging an energy service company (ESCO) in Poland is not a new form of accounting for investments in improving energy efficiency. The results of our survey confirm that many entities still lack sufficient knowledge about this subject. The research problem this paper is concerned with is the conditions of applying the ESCO formula (a model of investment financing with the participation of a specialised company) to support local government units and enterprises in energy-industry project development. For the purpose of this study, the research questions were formulated to analyse of the following issues: the reasons for interest in the ESCO formula and the sources of knowledge about this solution; activities and other factors that can increase or reduce interest in the ESCO formula; services in terms of ESCO formula implementation; the attractiveness of alternative instruments for financing energy industry projects, the benefits of using the ESCO formula and the influence of current and future target groups on ESCO formula development in Poland. This paper, therefore aims to recognise the conditions under which the ESCO formula can be applied by local government units and enterprises implementing energy industry projects in Poland. The research problem was solved using a triangulation of research methods: empirical qualitative research (desk research analysis, individual in-depth interviews, computer-assisted web interview (CAWI) survey, and focus group interviews) and one of the foresight methods (an expert panel). The research revealed that the lack of knowledge amongst local government units and enterprises with regard to the ESCO formula, although not unique to Poland, is insufficient to explain the low level of interest in this solution. One of the key conclusions is the need to educate local government units and enterprises on energy efficiency. This is vital to arouse their interest in the more complex ESCO implementation solutions that they have not yet investigated. Furthermore, by following and analysing the project implementation process in the ESCO formula, we can conclude that the risk generated is primarily on the part of the energy service company itself. For this reason, it is doubtful that energy service companies will invest the equity necessary to develop this challenging market. Based on the research conclusions, we indicate some recommendations that the government and related public institutions should consider in order to boost this market and support ESCO companies.

scholarly journals ENERGOSERVICE AS A COMPLEX OF TECHNICAL AND ORGANIZATIONAL ENERGY SAVING MEASURES

2020 ◽  
pp. 147-156
Author(s):  
Oksana Vakun
Keyword(s):  
Energy Efficiency ◽  
Energy Saving ◽  
Service Contract ◽  
Service Company ◽  
Service Companies ◽  
Industrial Enterprises ◽  
Service Contracts ◽  
Energy Service ◽  
Energy Service Company ◽  
Income Sharing

Introduction. Improving the energy efficiency of residential and industrial enterprises is associated with ensuring efficient energy conservation, based on the principles of implementing the latest innovative technologies of energy modernization. All this is possible due to the operation of energy service companies, which are actively implementing energy modernization of facilities to ensure rational energy saving through the mechanism of concluding energy service contracts. Goal. The purpose of the article is to consider the peculiarities of the functioning of energy service companies in Ukraine and their conclusion of energy service contracts to improve the energy efficiency of housing and industrial enterprises. Method (methodology). The main methods were induction and deduction, logical generalization, comparative and system-structural analysis, grouping to identify existing problems in the operation of energy service companies and the mechanism for concluding energy service contracts. Results. Categories are considered: "energy service company", "energy service contract". The content of the understanding of energy service as a set of technical and organizational energy saving measures aimed at reducing the customer service of energy service consumption and costs for payment of fuel and energy resources. Trends are revealed and key elements of features of energy service contracts by types and forms are analyzed. The peculiarities of the mechanism of concluding an energy service contract have been studied. The expediency of introducing the latest elements of energy service contracts into the activities of energy service companies is substantiated. The relationship between energy service as a special form of energy saving, in which the costs of measures are borne by the energy service company and the energy service contract, which regulates the list of implemented energy saving measures, payback period of the project, the amount of energy savings and income sharing. energy service company.

Energy Saving by ESCO (Energy Service Company) Project in Japanese Hospital

2009 ◽  
Author(s):  
S. Okamoto
Keyword(s):  
Energy Demand ◽  
Energy Savings ◽  
High Efficiency ◽  
Hospital Setting ◽  
Electrical Heating ◽  
Public Network ◽  
Service Company ◽  
Heating And Cooling ◽  
Energy Service ◽  
Energy Service Company

This paper describes a study starting from an analysis of typical energy demand profiles in a hospital setting followed by the case study of a cogeneration system (CGS) by an ESCO (Energy Service Company) project. The concept is a future autonomous system for the combined generation of electrical, heating and cooling energy in the hospital. The driving cogeneration units are two high-efficiency gas engines; this is used to produce the electrical and heat energy. Gas engine is used as a driving unit because of high needs for electrical and heating energy. The natural gas-fuelled reciprocating engine is used to generate 735kW of power. In our case electrical energy will be used only in the Hospital. A deficit in electricity can be also purchased from the public network. The generated steam will be used to drive three steam-fired absorption chillers and delivered to individual consumers of heat. This system is capable of doing simultaneous heating and cooling. No obstacles were recognized for the technical feasibility of CGS. The average ratio between electric and thermal load in the Hospital is suitable to make CGS system operate. An analysis performed for a non-optimized CGS system predicted a large potential for energy savings.

Service Innovation Elements in Energy Service Company (ESCO) Business Model

2012 ◽  
Vol 524-527 ◽  
pp. 3139-3153
Author(s):  
Joseph Z. Shyu ◽  
Jen Sheng Wang ◽  
Chih Chiang Peng ◽  
Ying Hwa Tang
Keyword(s):  
Service Innovation ◽  
Analytic Hierarchy ◽  
Selective Service ◽  
Service Company ◽  
Service Value ◽  
Service Package ◽  
Sustainable Environment ◽  
Energy Service ◽  
Energy Service Company ◽  
Important Object

In recent years, Energy Service Company (ESCO) has been vigorously promoted around the world to engage the challenges of energy efficiency and security, as well as the intensification of the sustainable environment management. Since ESCO were launched in 1980s, ESCO has gradually integrated various service innovation elements, may including innovation sources, service value activities and service externalities. This study aims to assess the service innovations and the service package structure within ESCO. The fuzzy analytic hierarchy process (FAHP) is used to resolve the multi-goal problem for achieving our research purposes. That is, this research attempts to reveal the service package structures for the purposes of ESCO with having service innovation elements. The results first show that service value activities is the most important object to the development of service innovations within ESCO, followed by the service externalities and innovation sources. Additionally, selective service package structure would be the more advantageous service package structure utilized in meeting the ESCO goals.

A Survey on Development of Energy Service Industry in Zhejiang China

2014 ◽  
Vol 587-589 ◽  
pp. 140-144
Author(s):  
Yan Qu ◽  
Xu Yan Wang ◽  
Jo Darkwa
Keyword(s):  
Energy Consumption ◽  
Service Industry ◽  
Third Party ◽  
Healthy Development ◽  
Service Company ◽  
Network Building ◽  
Energy Service ◽  
Energy Service Company ◽  
Reducing Energy ◽  
Significant Factors

Energy service industry (ESI) has grown quickly recent year in China. A main and important role in ESI is Energy Service Company (ESCO) which engages in reducing energy consumption through retrofitting the existing facilities. This survey focuses on the development of energy service industry in Zhejiang involving opportunities and barriers of the growth of ESCO. The results show that generating a third-party finanicing network, building more perfect policies and regulations and raising credit awareness are significant factors for healthy development of ESI.

scholarly journals SYSTEM APPROACH TO ORGANIZATION OF INNOVATION MANAGEMENT AT ENERGY SERVICE COMPANY

2017 ◽  
pp. 276-280
Author(s):  
Stepan Barna
Keyword(s):  
Management System ◽  
Innovation Management ◽  
Innovation System ◽  
Service Company ◽  
Service Companies ◽  
Innovative Management ◽  
Energy Service ◽  
Energy Service Company ◽  
The Innovative Management

Introduction. Sustainable economic development, increasing the role of e-commerce, receiving of fast access to information and multichannel of information exchanging enhance of the innovation activity at enterprise. According to this, topical question is the improvement the approaches to components of management system of innovative activity of energy service company. Purpose: the study of components of innovative management at energy service company on the basis of including of modern tendencies of economy and society development. Method (methodology). Methodological basis of the research were the following methods: induction and deduction – for considering the essence of the concepts «innovation system» and «innovative enterprise»; system-functional – for determining the components of the innovative management system of the energy service company; logical generalization – for distinguishing the place and role of innovative management in the activity of the energy service company. Results. The article is explored approaches to defining an innovation system and an innovative enterprise. Energy service companies are seen as innovating businesses. It is noted that the innovation management system is treated as a separate management mechanism, as a subsystem of the innovation system, as an element of the overall management system of a company, organization or institution. The place and role of the innovative management system in the activity of the energy service company is established. The results of research the components of the enterprise innovation management system is the basis for further scientific research in the direction of defining the tasks of innovative management of energy service companies.

The evolution of the US energy service company (ESCO) industry: from ESCO to Super ESCO

Energy ◽  
1999 ◽  
Vol 24 (6) ◽  
pp. 479-492 ◽  
Author(s):  
E Vine ◽  
H Nakagami ◽  
C Murakoshi
Keyword(s):  
Service Company ◽  
The Us ◽  
Energy Service ◽  
Energy Service Company
Sign in / Sign up

Export Citation Format

Share Document