Public Procurement of Energy Efficiency Services : Lessons from International Experience

This book explores energy savings performance contracts (ESPCs) as a means of overcoming some of the more difficult hurdles in promoting energy efficiency in public facilities. ESPCs represent a very attractive solution to many of the problems that are unique to public agencies, since they involve outsourcing a full project cycle to a service provider. From the detailed audit through implementation and savings verification, ESPCs can relieve public agencies of bureaucratic hassles, while service providers can secure the off-budget project financing and be paid from the actual energy savings, thus internalizing project performance risks. ESPC bidding also allows public agencies to select from a range of technical solutions, maximizing the benefit to the agency. Global experience suggests that ESPCs have been more effective at realizing efficiency gains than many other policy measures and programs, since the service providers have a vested interest in ensuring that a project is actually implemented. Many of the country governments interviewed for the study also saw enormous potential in bundling, financing, and implementing energy efficiency projects on a larger scale in the public sector, a method that increases the rate of efficiency gains and creates further benefits through economies of scale.

Bibliographic Details

Main Authors:	Singh, Jas, Limaye, Dilip R., Henderson, Brian, Shi, Xiaoyu
Format:	Publication biblioteca
Language:	en_US
Published:	Washington, DC: World Bank 2010
Subjects:	air conditioning, anecdotal evidence, approach, availability, balance, Barriers to Energy Efficiency, building codes, carbon dioxide, carbon finance, carbon finance operations, carbon financing, Certification Center, certified emission reduction, Clean Energy, Climate, Climate Change, Climate Change Mitigation, coal, cogeneration, commercial energy, commercial equipment, commitment to energy efficiency, cooling, district heating, district heating systems, economic activity, economic growth, efficiency gains, efficiency improvement, Efficiency Improvements, efficiency potential, efficient equipment, electric power, electricity, electricity consumption, emission, emission reductions, end use, end user, end users, end uses, end-use, end-use consumption, Energy Audit, energy auditing, Energy Audits, energy bill, energy bills, Energy conservation, Energy Conservation Products, energy consumers, energy consumption, energy cost savings, energy costs, energy crisis, energy demand, Energy Efficiency, Energy Efficiency Finance, energy efficiency improvement, energy efficiency improvements, energy efficiency investments, energy efficiency market, Energy efficiency measures, Energy Efficiency Programs, energy efficient equipment, energy management, energy needs, Energy Outlook, energy outsourcing, Energy Performance, Energy Performance Contracting, energy prices, Energy pricing, energy production, energy reduction, Energy Research, Energy Savings, Energy Savings Performance, energy savings projects, energy security, Energy Service, energy service companies, Energy Service Company, energy service providers, energy services, energy suppliers, energy supply, energy systems, Energy Use, environmental impacts, environmental protection, ESP, financial performance, financial returns, financial services, fossil, fossil fuels, free energy, fuel, Global Environment, greenhouse, greenhouse gas, greenhouse gas emissions, gross domestic product, growth in energy demand, heat, heat recovery, improving energy efficiency, income, infrastructure investment, International Energy Agency, investments in energy, investments in energy efficiency, jobs, Lighting, load management, lower costs, market for energy, market for energy efficiency, methane, municipal water supply, Natural Resources, oil, Oil Company, oil equivalent, oil prices, penalties, performance standards, pipeline, pollution, Portfolio, Power, power generation, present value, primary energy, principal-agent, promoting energy efficiency, quality energy, Renewable Energies, renewable energy, Renewable Energy Development, risk management, Sustainable Development, tons of carbon, total electricity consumption, total energy consumption, transaction costs, transactions costs, Types of Energy, utilities, utility bills, utility demand-side management, vehicles, ventilation, waste, waste recycling, Wastewater treatment, World Energy, World Energy Outlook,
Online Access:	http://hdl.handle.net/10986/13540
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