Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans

The development of private sector energy service providers (ESPs), including energy service companies (ESCOs), that specialize in energy efficiency (EE) project development and implementation can help overcome some of the important barriers to scaling up implementation of energy efficiency (EE) projects, particularly in the public sector. ESPs can offer a range of services spanning the energy services value chain and provide the technical skills and resources needed to identify and implement EE opportunities, perform services using performance based contracts (thereby reducing the risks to the energy users), facilitate access to financing from commercial lenders, and enable the energy users to pay for the services from the cost savings achieved. This guidance note provides examples of actions taken by governments in many countries (such as Armenia, Bulgaria, Croatia, Czech Republic, Germany, Hungary, and India) to foster the energy services market and help establish and grow ESPs in their countries. Experience from these countries shows that governments need to adopt a three-pronged approach, involving policy and regulatory initiatives, technical assistance (TA), and financing strategies, to build ESP and public agency capacity, implement ESP projects in the public sector, and provide the platform for moving to more complex implementation and financing models in the future. TA or financing alone does not offer an effective strategy to overcome the multidimensional challenges of ESP market development; efforts in all three areas are needed. Key conclusions of this guidance note are that: (i) there is no specific formula that can be prescribed to instruct governments on how to develop energy services markets; and (ii) fostering the ESP market requires governments to undertake a concerted set of legislative, regulatory, policy, financing, and awareness and information initiatives.

Saved in:
Bibliographic Details
Main Authors: Limaye, Dilip, Singh, Jas, Hofer, Kathrin
Language:English
en_US
Published: World Bank Group, Washington, DC 2014-05-01
Subjects:ACCESS TO FINANCING, ACCOUNTING, ACCOUNTING TREATMENT, ACCREDITATION, AFFORDABLE FINANCING, AIR CONDITIONING, ANNUAL ENERGY SAVINGS, APPROACH, APPROPRIATE NONPROFIT, AUDITING, AUDITS, AVAILABILITY, BALANCE, BALANCE SHEET, BALANCE SHEETS, BANK LENDING, BANKS, BOILERS, BORROWING, BUSINESS OPPORTUNITIES, BUSINESS PLAN, BUSINESS TRAINING, CAPACITY BUILDING, CAPITAL COST, CAPITAL INVESTMENT, CASH FLOW, CASH FLOWS, CLEAN ENERGY, COGENERATION, COLLATERAL, COMMERCIAL BANKS, COMMERCIAL LENDERS, COOLING, COST PRESSURES, CREDIT ENHANCEMENT, CREDIT GUARANTEE, CREDIT GUARANTEE FACILITY, CREDIT LINES, CREDITOR, CREDITS, CREDITWORTHINESS, CROSS-SUBSIDIES, DEBT FINANCING, DEBT FUNDS, DEMAND FOR ENERGY, DEMAND FOR ENERGY SERVICES, DEVELOPMENT BANK, DEVELOPMENT OF ENERGY SERVICES, DIRECT LOANS, DISTRICT HEATING, DISTRICT HEATING SYSTEMS, DONOR FUNDS, E-LEARNING, ECONOMIC GROWTH, ECONOMIC REFORMS, EFFICIENT LIGHTING, ELECTRICITY, EMISSIONS, END USER, END USERS, ENERGY AUDITING, ENERGY AUDITS, ENERGY BILL, ENERGY BILLS, ENERGY CONSUMPTION, ENERGY COST SAVINGS, ENERGY COSTS, ENERGY EFFICIENCY, ENERGY EFFICIENCY INVESTMENTS, ENERGY INTENSITY, ENERGY MANAGEMENT, ENERGY OUTPUT, ENERGY PERFORMANCE, ENERGY PERFORMANCE OF BUILDINGS, ENERGY POLICIES, ENERGY PRICES, ENERGY SAVINGS, ENERGY SERVICE, ENERGY SERVICE COMPANIES, ENERGY SERVICE PROVIDERS, ENERGY SERVICES, ENERGY STRATEGY, ENERGY SUPPLIERS, ENERGY SUPPLY, ENERGY USAGE, ENERGY USE, ENTREPRENEURSHIP, EQUITY INVESTMENT, EQUITY INVESTMENTS, ESP, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL MARKETS, FINANCIAL PERFORMANCE, FINANCIAL RESOURCES, FINANCIAL SERVICES, FINANCIAL STRUCTURE, FINANCIAL VIABILITY, FINANCING FACILITIES, FINANCING SOURCES, GOVERNMENT FUNDING, GREENHOUSE GAS, GREENHOUSE GAS EMISSIONS, GREENHOUSE GASES, HEAT, HEAT METERING, HOMEOWNER, INFORMATION DISSEMINATION, INSTITUTIONAL REFORMS, INTERNAL FUNDS, INTERNATIONAL FINANCE, KILOWATT-HOUR, LACK OF KNOWLEDGE, LAWS, LEGISLATION, LOAN, LOAN FACILITY, LOAN FINANCING, LOAN REPAYMENTS, LOCAL GOVERNMENT, MARKET DEVELOPMENT, MARKET ENTRY, MUNICIPAL DEBT, MUNICIPAL SERVICES, MUNICIPALITIES, OIL, OIL EQUIVALENT, OUTREACH, PARTIAL CREDIT, PEAK DEMAND, PIPELINE, POWER, POWER PLANT, PRESENT VALUE, PRIVATE SECTOR, PRIVATE SECTOR FINANCING, PROVISIONS, PUBLIC, PUBLIC AGENCIES, PUBLIC BUDGETING, PUBLIC CONTRACTS, PUBLIC DEBT, PUBLIC FACILITIES, PUBLIC PROCUREMENT, PUBLIC SECTOR, PUBLIC SECTOR PROJECTS, PUBLIC-PRIVATE PARTNERSHIP, PUBLIC-PRIVATE PARTNERSHIPS, REGULATORY FRAMEWORK, RENEWABLE ENERGY, RENEWABLE RESOURCES, REPAYMENT, RETURN ON EQUITY, REVOLVING FUND, REVOLVING FUNDS, RISK PERCEPTION, SUSTAINABLE ENERGY, SUSTAINABLE ENERGY FUTURE, TECHNICAL ASSISTANCE, TOTAL ENERGY CONSUMPTION, TRANSACTION COSTS, UNION, UTILITIES, UTILITY COSTS, UTILITY PAYMENTS,
Online Access:http://documents.worldbank.org/curated/en/2014/05/19782678/scaling-up-energy-efficiency-buildings-western-balkans-energy-services-market-development-guidance-note
https://hdl.handle.net/10986/20042
Tags: Add Tag
No Tags, Be the first to tag this record!
id dig-okr-1098620042
record_format koha
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
en_US
topic ACCESS TO FINANCING
ACCOUNTING
ACCOUNTING TREATMENT
ACCREDITATION
AFFORDABLE FINANCING
AIR CONDITIONING
ANNUAL ENERGY SAVINGS
APPROACH
APPROPRIATE NONPROFIT
AUDITING
AUDITS
AVAILABILITY
BALANCE
BALANCE SHEET
BALANCE SHEETS
BANK LENDING
BANKS
BOILERS
BORROWING
BUSINESS OPPORTUNITIES
BUSINESS PLAN
BUSINESS TRAINING
CAPACITY BUILDING
CAPITAL COST
CAPITAL INVESTMENT
CASH FLOW
CASH FLOWS
CLEAN ENERGY
COGENERATION
COLLATERAL
COMMERCIAL BANKS
COMMERCIAL LENDERS
COOLING
COST PRESSURES
CREDIT ENHANCEMENT
CREDIT GUARANTEE
CREDIT GUARANTEE FACILITY
CREDIT LINES
CREDITOR
CREDITS
CREDITWORTHINESS
CROSS-SUBSIDIES
DEBT FINANCING
DEBT FUNDS
DEMAND FOR ENERGY
DEMAND FOR ENERGY SERVICES
DEVELOPMENT BANK
DEVELOPMENT OF ENERGY SERVICES
DIRECT LOANS
DISTRICT HEATING
DISTRICT HEATING SYSTEMS
DONOR FUNDS
E-LEARNING
ECONOMIC GROWTH
ECONOMIC REFORMS
EFFICIENT LIGHTING
ELECTRICITY
EMISSIONS
END USER
END USERS
ENERGY AUDITING
ENERGY AUDITS
ENERGY BILL
ENERGY BILLS
ENERGY CONSUMPTION
ENERGY COST SAVINGS
ENERGY COSTS
ENERGY EFFICIENCY
ENERGY EFFICIENCY INVESTMENTS
ENERGY INTENSITY
ENERGY MANAGEMENT
ENERGY OUTPUT
ENERGY PERFORMANCE
ENERGY PERFORMANCE OF BUILDINGS
ENERGY POLICIES
ENERGY PRICES
ENERGY SAVINGS
ENERGY SERVICE
ENERGY SERVICE COMPANIES
ENERGY SERVICE PROVIDERS
ENERGY SERVICES
ENERGY STRATEGY
ENERGY SUPPLIERS
ENERGY SUPPLY
ENERGY USAGE
ENERGY USE
ENTREPRENEURSHIP
EQUITY INVESTMENT
EQUITY INVESTMENTS
ESP
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL RESOURCES
FINANCIAL SERVICES
FINANCIAL STRUCTURE
FINANCIAL VIABILITY
FINANCING FACILITIES
FINANCING SOURCES
GOVERNMENT FUNDING
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
HEAT
HEAT METERING
HOMEOWNER
INFORMATION DISSEMINATION
INSTITUTIONAL REFORMS
INTERNAL FUNDS
INTERNATIONAL FINANCE
KILOWATT-HOUR
LACK OF KNOWLEDGE
LAWS
LEGISLATION
LOAN
LOAN FACILITY
LOAN FINANCING
LOAN REPAYMENTS
LOCAL GOVERNMENT
MARKET DEVELOPMENT
MARKET ENTRY
MUNICIPAL DEBT
MUNICIPAL SERVICES
MUNICIPALITIES
OIL
OIL EQUIVALENT
OUTREACH
PARTIAL CREDIT
PEAK DEMAND
PIPELINE
POWER
POWER PLANT
PRESENT VALUE
PRIVATE SECTOR
PRIVATE SECTOR FINANCING
PROVISIONS
PUBLIC
PUBLIC AGENCIES
PUBLIC BUDGETING
PUBLIC CONTRACTS
PUBLIC DEBT
PUBLIC FACILITIES
PUBLIC PROCUREMENT
PUBLIC SECTOR
PUBLIC SECTOR PROJECTS
PUBLIC-PRIVATE PARTNERSHIP
PUBLIC-PRIVATE PARTNERSHIPS
REGULATORY FRAMEWORK
RENEWABLE ENERGY
RENEWABLE RESOURCES
REPAYMENT
RETURN ON EQUITY
REVOLVING FUND
REVOLVING FUNDS
RISK PERCEPTION
SUSTAINABLE ENERGY
SUSTAINABLE ENERGY FUTURE
TECHNICAL ASSISTANCE
TOTAL ENERGY CONSUMPTION
TRANSACTION COSTS
UNION
UTILITIES
UTILITY COSTS
UTILITY PAYMENTS
ACCESS TO FINANCING
ACCOUNTING
ACCOUNTING TREATMENT
ACCREDITATION
AFFORDABLE FINANCING
AIR CONDITIONING
ANNUAL ENERGY SAVINGS
APPROACH
APPROPRIATE NONPROFIT
AUDITING
AUDITS
AVAILABILITY
BALANCE
BALANCE SHEET
BALANCE SHEETS
BANK LENDING
BANKS
BOILERS
BORROWING
BUSINESS OPPORTUNITIES
BUSINESS PLAN
BUSINESS TRAINING
CAPACITY BUILDING
CAPITAL COST
CAPITAL INVESTMENT
CASH FLOW
CASH FLOWS
CLEAN ENERGY
COGENERATION
COLLATERAL
COMMERCIAL BANKS
COMMERCIAL LENDERS
COOLING
COST PRESSURES
CREDIT ENHANCEMENT
CREDIT GUARANTEE
CREDIT GUARANTEE FACILITY
CREDIT LINES
CREDITOR
CREDITS
CREDITWORTHINESS
CROSS-SUBSIDIES
DEBT FINANCING
DEBT FUNDS
DEMAND FOR ENERGY
DEMAND FOR ENERGY SERVICES
DEVELOPMENT BANK
DEVELOPMENT OF ENERGY SERVICES
DIRECT LOANS
DISTRICT HEATING
DISTRICT HEATING SYSTEMS
DONOR FUNDS
E-LEARNING
ECONOMIC GROWTH
ECONOMIC REFORMS
EFFICIENT LIGHTING
ELECTRICITY
EMISSIONS
END USER
END USERS
ENERGY AUDITING
ENERGY AUDITS
ENERGY BILL
ENERGY BILLS
ENERGY CONSUMPTION
ENERGY COST SAVINGS
ENERGY COSTS
ENERGY EFFICIENCY
ENERGY EFFICIENCY INVESTMENTS
ENERGY INTENSITY
ENERGY MANAGEMENT
ENERGY OUTPUT
ENERGY PERFORMANCE
ENERGY PERFORMANCE OF BUILDINGS
ENERGY POLICIES
ENERGY PRICES
ENERGY SAVINGS
ENERGY SERVICE
ENERGY SERVICE COMPANIES
ENERGY SERVICE PROVIDERS
ENERGY SERVICES
ENERGY STRATEGY
ENERGY SUPPLIERS
ENERGY SUPPLY
ENERGY USAGE
ENERGY USE
ENTREPRENEURSHIP
EQUITY INVESTMENT
EQUITY INVESTMENTS
ESP
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL RESOURCES
FINANCIAL SERVICES
FINANCIAL STRUCTURE
FINANCIAL VIABILITY
FINANCING FACILITIES
FINANCING SOURCES
GOVERNMENT FUNDING
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
HEAT
HEAT METERING
HOMEOWNER
INFORMATION DISSEMINATION
INSTITUTIONAL REFORMS
INTERNAL FUNDS
INTERNATIONAL FINANCE
KILOWATT-HOUR
LACK OF KNOWLEDGE
LAWS
LEGISLATION
LOAN
LOAN FACILITY
LOAN FINANCING
LOAN REPAYMENTS
LOCAL GOVERNMENT
MARKET DEVELOPMENT
MARKET ENTRY
MUNICIPAL DEBT
MUNICIPAL SERVICES
MUNICIPALITIES
OIL
OIL EQUIVALENT
OUTREACH
PARTIAL CREDIT
PEAK DEMAND
PIPELINE
POWER
POWER PLANT
PRESENT VALUE
PRIVATE SECTOR
PRIVATE SECTOR FINANCING
PROVISIONS
PUBLIC
PUBLIC AGENCIES
PUBLIC BUDGETING
PUBLIC CONTRACTS
PUBLIC DEBT
PUBLIC FACILITIES
PUBLIC PROCUREMENT
PUBLIC SECTOR
PUBLIC SECTOR PROJECTS
PUBLIC-PRIVATE PARTNERSHIP
PUBLIC-PRIVATE PARTNERSHIPS
REGULATORY FRAMEWORK
RENEWABLE ENERGY
RENEWABLE RESOURCES
REPAYMENT
RETURN ON EQUITY
REVOLVING FUND
REVOLVING FUNDS
RISK PERCEPTION
SUSTAINABLE ENERGY
SUSTAINABLE ENERGY FUTURE
TECHNICAL ASSISTANCE
TOTAL ENERGY CONSUMPTION
TRANSACTION COSTS
UNION
UTILITIES
UTILITY COSTS
UTILITY PAYMENTS
spellingShingle ACCESS TO FINANCING
ACCOUNTING
ACCOUNTING TREATMENT
ACCREDITATION
AFFORDABLE FINANCING
AIR CONDITIONING
ANNUAL ENERGY SAVINGS
APPROACH
APPROPRIATE NONPROFIT
AUDITING
AUDITS
AVAILABILITY
BALANCE
BALANCE SHEET
BALANCE SHEETS
BANK LENDING
BANKS
BOILERS
BORROWING
BUSINESS OPPORTUNITIES
BUSINESS PLAN
BUSINESS TRAINING
CAPACITY BUILDING
CAPITAL COST
CAPITAL INVESTMENT
CASH FLOW
CASH FLOWS
CLEAN ENERGY
COGENERATION
COLLATERAL
COMMERCIAL BANKS
COMMERCIAL LENDERS
COOLING
COST PRESSURES
CREDIT ENHANCEMENT
CREDIT GUARANTEE
CREDIT GUARANTEE FACILITY
CREDIT LINES
CREDITOR
CREDITS
CREDITWORTHINESS
CROSS-SUBSIDIES
DEBT FINANCING
DEBT FUNDS
DEMAND FOR ENERGY
DEMAND FOR ENERGY SERVICES
DEVELOPMENT BANK
DEVELOPMENT OF ENERGY SERVICES
DIRECT LOANS
DISTRICT HEATING
DISTRICT HEATING SYSTEMS
DONOR FUNDS
E-LEARNING
ECONOMIC GROWTH
ECONOMIC REFORMS
EFFICIENT LIGHTING
ELECTRICITY
EMISSIONS
END USER
END USERS
ENERGY AUDITING
ENERGY AUDITS
ENERGY BILL
ENERGY BILLS
ENERGY CONSUMPTION
ENERGY COST SAVINGS
ENERGY COSTS
ENERGY EFFICIENCY
ENERGY EFFICIENCY INVESTMENTS
ENERGY INTENSITY
ENERGY MANAGEMENT
ENERGY OUTPUT
ENERGY PERFORMANCE
ENERGY PERFORMANCE OF BUILDINGS
ENERGY POLICIES
ENERGY PRICES
ENERGY SAVINGS
ENERGY SERVICE
ENERGY SERVICE COMPANIES
ENERGY SERVICE PROVIDERS
ENERGY SERVICES
ENERGY STRATEGY
ENERGY SUPPLIERS
ENERGY SUPPLY
ENERGY USAGE
ENERGY USE
ENTREPRENEURSHIP
EQUITY INVESTMENT
EQUITY INVESTMENTS
ESP
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL RESOURCES
FINANCIAL SERVICES
FINANCIAL STRUCTURE
FINANCIAL VIABILITY
FINANCING FACILITIES
FINANCING SOURCES
GOVERNMENT FUNDING
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
HEAT
HEAT METERING
HOMEOWNER
INFORMATION DISSEMINATION
INSTITUTIONAL REFORMS
INTERNAL FUNDS
INTERNATIONAL FINANCE
KILOWATT-HOUR
LACK OF KNOWLEDGE
LAWS
LEGISLATION
LOAN
LOAN FACILITY
LOAN FINANCING
LOAN REPAYMENTS
LOCAL GOVERNMENT
MARKET DEVELOPMENT
MARKET ENTRY
MUNICIPAL DEBT
MUNICIPAL SERVICES
MUNICIPALITIES
OIL
OIL EQUIVALENT
OUTREACH
PARTIAL CREDIT
PEAK DEMAND
PIPELINE
POWER
POWER PLANT
PRESENT VALUE
PRIVATE SECTOR
PRIVATE SECTOR FINANCING
PROVISIONS
PUBLIC
PUBLIC AGENCIES
PUBLIC BUDGETING
PUBLIC CONTRACTS
PUBLIC DEBT
PUBLIC FACILITIES
PUBLIC PROCUREMENT
PUBLIC SECTOR
PUBLIC SECTOR PROJECTS
PUBLIC-PRIVATE PARTNERSHIP
PUBLIC-PRIVATE PARTNERSHIPS
REGULATORY FRAMEWORK
RENEWABLE ENERGY
RENEWABLE RESOURCES
REPAYMENT
RETURN ON EQUITY
REVOLVING FUND
REVOLVING FUNDS
RISK PERCEPTION
SUSTAINABLE ENERGY
SUSTAINABLE ENERGY FUTURE
TECHNICAL ASSISTANCE
TOTAL ENERGY CONSUMPTION
TRANSACTION COSTS
UNION
UTILITIES
UTILITY COSTS
UTILITY PAYMENTS
ACCESS TO FINANCING
ACCOUNTING
ACCOUNTING TREATMENT
ACCREDITATION
AFFORDABLE FINANCING
AIR CONDITIONING
ANNUAL ENERGY SAVINGS
APPROACH
APPROPRIATE NONPROFIT
AUDITING
AUDITS
AVAILABILITY
BALANCE
BALANCE SHEET
BALANCE SHEETS
BANK LENDING
BANKS
BOILERS
BORROWING
BUSINESS OPPORTUNITIES
BUSINESS PLAN
BUSINESS TRAINING
CAPACITY BUILDING
CAPITAL COST
CAPITAL INVESTMENT
CASH FLOW
CASH FLOWS
CLEAN ENERGY
COGENERATION
COLLATERAL
COMMERCIAL BANKS
COMMERCIAL LENDERS
COOLING
COST PRESSURES
CREDIT ENHANCEMENT
CREDIT GUARANTEE
CREDIT GUARANTEE FACILITY
CREDIT LINES
CREDITOR
CREDITS
CREDITWORTHINESS
CROSS-SUBSIDIES
DEBT FINANCING
DEBT FUNDS
DEMAND FOR ENERGY
DEMAND FOR ENERGY SERVICES
DEVELOPMENT BANK
DEVELOPMENT OF ENERGY SERVICES
DIRECT LOANS
DISTRICT HEATING
DISTRICT HEATING SYSTEMS
DONOR FUNDS
E-LEARNING
ECONOMIC GROWTH
ECONOMIC REFORMS
EFFICIENT LIGHTING
ELECTRICITY
EMISSIONS
END USER
END USERS
ENERGY AUDITING
ENERGY AUDITS
ENERGY BILL
ENERGY BILLS
ENERGY CONSUMPTION
ENERGY COST SAVINGS
ENERGY COSTS
ENERGY EFFICIENCY
ENERGY EFFICIENCY INVESTMENTS
ENERGY INTENSITY
ENERGY MANAGEMENT
ENERGY OUTPUT
ENERGY PERFORMANCE
ENERGY PERFORMANCE OF BUILDINGS
ENERGY POLICIES
ENERGY PRICES
ENERGY SAVINGS
ENERGY SERVICE
ENERGY SERVICE COMPANIES
ENERGY SERVICE PROVIDERS
ENERGY SERVICES
ENERGY STRATEGY
ENERGY SUPPLIERS
ENERGY SUPPLY
ENERGY USAGE
ENERGY USE
ENTREPRENEURSHIP
EQUITY INVESTMENT
EQUITY INVESTMENTS
ESP
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL RESOURCES
FINANCIAL SERVICES
FINANCIAL STRUCTURE
FINANCIAL VIABILITY
FINANCING FACILITIES
FINANCING SOURCES
GOVERNMENT FUNDING
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
HEAT
HEAT METERING
HOMEOWNER
INFORMATION DISSEMINATION
INSTITUTIONAL REFORMS
INTERNAL FUNDS
INTERNATIONAL FINANCE
KILOWATT-HOUR
LACK OF KNOWLEDGE
LAWS
LEGISLATION
LOAN
LOAN FACILITY
LOAN FINANCING
LOAN REPAYMENTS
LOCAL GOVERNMENT
MARKET DEVELOPMENT
MARKET ENTRY
MUNICIPAL DEBT
MUNICIPAL SERVICES
MUNICIPALITIES
OIL
OIL EQUIVALENT
OUTREACH
PARTIAL CREDIT
PEAK DEMAND
PIPELINE
POWER
POWER PLANT
PRESENT VALUE
PRIVATE SECTOR
PRIVATE SECTOR FINANCING
PROVISIONS
PUBLIC
PUBLIC AGENCIES
PUBLIC BUDGETING
PUBLIC CONTRACTS
PUBLIC DEBT
PUBLIC FACILITIES
PUBLIC PROCUREMENT
PUBLIC SECTOR
PUBLIC SECTOR PROJECTS
PUBLIC-PRIVATE PARTNERSHIP
PUBLIC-PRIVATE PARTNERSHIPS
REGULATORY FRAMEWORK
RENEWABLE ENERGY
RENEWABLE RESOURCES
REPAYMENT
RETURN ON EQUITY
REVOLVING FUND
REVOLVING FUNDS
RISK PERCEPTION
SUSTAINABLE ENERGY
SUSTAINABLE ENERGY FUTURE
TECHNICAL ASSISTANCE
TOTAL ENERGY CONSUMPTION
TRANSACTION COSTS
UNION
UTILITIES
UTILITY COSTS
UTILITY PAYMENTS
Limaye, Dilip
Singh, Jas
Hofer, Kathrin
Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans
description The development of private sector energy service providers (ESPs), including energy service companies (ESCOs), that specialize in energy efficiency (EE) project development and implementation can help overcome some of the important barriers to scaling up implementation of energy efficiency (EE) projects, particularly in the public sector. ESPs can offer a range of services spanning the energy services value chain and provide the technical skills and resources needed to identify and implement EE opportunities, perform services using performance based contracts (thereby reducing the risks to the energy users), facilitate access to financing from commercial lenders, and enable the energy users to pay for the services from the cost savings achieved. This guidance note provides examples of actions taken by governments in many countries (such as Armenia, Bulgaria, Croatia, Czech Republic, Germany, Hungary, and India) to foster the energy services market and help establish and grow ESPs in their countries. Experience from these countries shows that governments need to adopt a three-pronged approach, involving policy and regulatory initiatives, technical assistance (TA), and financing strategies, to build ESP and public agency capacity, implement ESP projects in the public sector, and provide the platform for moving to more complex implementation and financing models in the future. TA or financing alone does not offer an effective strategy to overcome the multidimensional challenges of ESP market development; efforts in all three areas are needed. Key conclusions of this guidance note are that: (i) there is no specific formula that can be prescribed to instruct governments on how to develop energy services markets; and (ii) fostering the ESP market requires governments to undertake a concerted set of legislative, regulatory, policy, financing, and awareness and information initiatives.
topic_facet ACCESS TO FINANCING
ACCOUNTING
ACCOUNTING TREATMENT
ACCREDITATION
AFFORDABLE FINANCING
AIR CONDITIONING
ANNUAL ENERGY SAVINGS
APPROACH
APPROPRIATE NONPROFIT
AUDITING
AUDITS
AVAILABILITY
BALANCE
BALANCE SHEET
BALANCE SHEETS
BANK LENDING
BANKS
BOILERS
BORROWING
BUSINESS OPPORTUNITIES
BUSINESS PLAN
BUSINESS TRAINING
CAPACITY BUILDING
CAPITAL COST
CAPITAL INVESTMENT
CASH FLOW
CASH FLOWS
CLEAN ENERGY
COGENERATION
COLLATERAL
COMMERCIAL BANKS
COMMERCIAL LENDERS
COOLING
COST PRESSURES
CREDIT ENHANCEMENT
CREDIT GUARANTEE
CREDIT GUARANTEE FACILITY
CREDIT LINES
CREDITOR
CREDITS
CREDITWORTHINESS
CROSS-SUBSIDIES
DEBT FINANCING
DEBT FUNDS
DEMAND FOR ENERGY
DEMAND FOR ENERGY SERVICES
DEVELOPMENT BANK
DEVELOPMENT OF ENERGY SERVICES
DIRECT LOANS
DISTRICT HEATING
DISTRICT HEATING SYSTEMS
DONOR FUNDS
E-LEARNING
ECONOMIC GROWTH
ECONOMIC REFORMS
EFFICIENT LIGHTING
ELECTRICITY
EMISSIONS
END USER
END USERS
ENERGY AUDITING
ENERGY AUDITS
ENERGY BILL
ENERGY BILLS
ENERGY CONSUMPTION
ENERGY COST SAVINGS
ENERGY COSTS
ENERGY EFFICIENCY
ENERGY EFFICIENCY INVESTMENTS
ENERGY INTENSITY
ENERGY MANAGEMENT
ENERGY OUTPUT
ENERGY PERFORMANCE
ENERGY PERFORMANCE OF BUILDINGS
ENERGY POLICIES
ENERGY PRICES
ENERGY SAVINGS
ENERGY SERVICE
ENERGY SERVICE COMPANIES
ENERGY SERVICE PROVIDERS
ENERGY SERVICES
ENERGY STRATEGY
ENERGY SUPPLIERS
ENERGY SUPPLY
ENERGY USAGE
ENERGY USE
ENTREPRENEURSHIP
EQUITY INVESTMENT
EQUITY INVESTMENTS
ESP
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL RESOURCES
FINANCIAL SERVICES
FINANCIAL STRUCTURE
FINANCIAL VIABILITY
FINANCING FACILITIES
FINANCING SOURCES
GOVERNMENT FUNDING
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
HEAT
HEAT METERING
HOMEOWNER
INFORMATION DISSEMINATION
INSTITUTIONAL REFORMS
INTERNAL FUNDS
INTERNATIONAL FINANCE
KILOWATT-HOUR
LACK OF KNOWLEDGE
LAWS
LEGISLATION
LOAN
LOAN FACILITY
LOAN FINANCING
LOAN REPAYMENTS
LOCAL GOVERNMENT
MARKET DEVELOPMENT
MARKET ENTRY
MUNICIPAL DEBT
MUNICIPAL SERVICES
MUNICIPALITIES
OIL
OIL EQUIVALENT
OUTREACH
PARTIAL CREDIT
PEAK DEMAND
PIPELINE
POWER
POWER PLANT
PRESENT VALUE
PRIVATE SECTOR
PRIVATE SECTOR FINANCING
PROVISIONS
PUBLIC
PUBLIC AGENCIES
PUBLIC BUDGETING
PUBLIC CONTRACTS
PUBLIC DEBT
PUBLIC FACILITIES
PUBLIC PROCUREMENT
PUBLIC SECTOR
PUBLIC SECTOR PROJECTS
PUBLIC-PRIVATE PARTNERSHIP
PUBLIC-PRIVATE PARTNERSHIPS
REGULATORY FRAMEWORK
RENEWABLE ENERGY
RENEWABLE RESOURCES
REPAYMENT
RETURN ON EQUITY
REVOLVING FUND
REVOLVING FUNDS
RISK PERCEPTION
SUSTAINABLE ENERGY
SUSTAINABLE ENERGY FUTURE
TECHNICAL ASSISTANCE
TOTAL ENERGY CONSUMPTION
TRANSACTION COSTS
UNION
UTILITIES
UTILITY COSTS
UTILITY PAYMENTS
author Limaye, Dilip
Singh, Jas
Hofer, Kathrin
author_facet Limaye, Dilip
Singh, Jas
Hofer, Kathrin
author_sort Limaye, Dilip
title Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans
title_short Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans
title_full Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans
title_fullStr Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans
title_full_unstemmed Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans
title_sort energy services market development : scaling up energy efficiency in buildings in the western balkans
publisher World Bank Group, Washington, DC
publishDate 2014-05-01
url http://documents.worldbank.org/curated/en/2014/05/19782678/scaling-up-energy-efficiency-buildings-western-balkans-energy-services-market-development-guidance-note
https://hdl.handle.net/10986/20042
work_keys_str_mv AT limayedilip energyservicesmarketdevelopmentscalingupenergyefficiencyinbuildingsinthewesternbalkans
AT singhjas energyservicesmarketdevelopmentscalingupenergyefficiencyinbuildingsinthewesternbalkans
AT hoferkathrin energyservicesmarketdevelopmentscalingupenergyefficiencyinbuildingsinthewesternbalkans
_version_ 1807159035945811968
spelling dig-okr-10986200422024-08-08T13:52:16Z Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans Limaye, Dilip Singh, Jas Hofer, Kathrin ACCESS TO FINANCING ACCOUNTING ACCOUNTING TREATMENT ACCREDITATION AFFORDABLE FINANCING AIR CONDITIONING ANNUAL ENERGY SAVINGS APPROACH APPROPRIATE NONPROFIT AUDITING AUDITS AVAILABILITY BALANCE BALANCE SHEET BALANCE SHEETS BANK LENDING BANKS BOILERS BORROWING BUSINESS OPPORTUNITIES BUSINESS PLAN BUSINESS TRAINING CAPACITY BUILDING CAPITAL COST CAPITAL INVESTMENT CASH FLOW CASH FLOWS CLEAN ENERGY COGENERATION COLLATERAL COMMERCIAL BANKS COMMERCIAL LENDERS COOLING COST PRESSURES CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEE FACILITY CREDIT LINES CREDITOR CREDITS CREDITWORTHINESS CROSS-SUBSIDIES DEBT FINANCING DEBT FUNDS DEMAND FOR ENERGY DEMAND FOR ENERGY SERVICES DEVELOPMENT BANK DEVELOPMENT OF ENERGY SERVICES DIRECT LOANS DISTRICT HEATING DISTRICT HEATING SYSTEMS DONOR FUNDS E-LEARNING ECONOMIC GROWTH ECONOMIC REFORMS EFFICIENT LIGHTING ELECTRICITY EMISSIONS END USER END USERS ENERGY AUDITING ENERGY AUDITS ENERGY BILL ENERGY BILLS ENERGY CONSUMPTION ENERGY COST SAVINGS ENERGY COSTS ENERGY EFFICIENCY ENERGY EFFICIENCY INVESTMENTS ENERGY INTENSITY ENERGY MANAGEMENT ENERGY OUTPUT ENERGY PERFORMANCE ENERGY PERFORMANCE OF BUILDINGS ENERGY POLICIES ENERGY PRICES ENERGY SAVINGS ENERGY SERVICE ENERGY SERVICE COMPANIES ENERGY SERVICE PROVIDERS ENERGY SERVICES ENERGY STRATEGY ENERGY SUPPLIERS ENERGY SUPPLY ENERGY USAGE ENERGY USE ENTREPRENEURSHIP EQUITY INVESTMENT EQUITY INVESTMENTS ESP FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL STRUCTURE FINANCIAL VIABILITY FINANCING FACILITIES FINANCING SOURCES GOVERNMENT FUNDING GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HEAT HEAT METERING HOMEOWNER INFORMATION DISSEMINATION INSTITUTIONAL REFORMS INTERNAL FUNDS INTERNATIONAL FINANCE KILOWATT-HOUR LACK OF KNOWLEDGE LAWS LEGISLATION LOAN LOAN FACILITY LOAN FINANCING LOAN REPAYMENTS LOCAL GOVERNMENT MARKET DEVELOPMENT MARKET ENTRY MUNICIPAL DEBT MUNICIPAL SERVICES MUNICIPALITIES OIL OIL EQUIVALENT OUTREACH PARTIAL CREDIT PEAK DEMAND PIPELINE POWER POWER PLANT PRESENT VALUE PRIVATE SECTOR PRIVATE SECTOR FINANCING PROVISIONS PUBLIC PUBLIC AGENCIES PUBLIC BUDGETING PUBLIC CONTRACTS PUBLIC DEBT PUBLIC FACILITIES PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR PROJECTS PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE RESOURCES REPAYMENT RETURN ON EQUITY REVOLVING FUND REVOLVING FUNDS RISK PERCEPTION SUSTAINABLE ENERGY SUSTAINABLE ENERGY FUTURE TECHNICAL ASSISTANCE TOTAL ENERGY CONSUMPTION TRANSACTION COSTS UNION UTILITIES UTILITY COSTS UTILITY PAYMENTS The development of private sector energy service providers (ESPs), including energy service companies (ESCOs), that specialize in energy efficiency (EE) project development and implementation can help overcome some of the important barriers to scaling up implementation of energy efficiency (EE) projects, particularly in the public sector. ESPs can offer a range of services spanning the energy services value chain and provide the technical skills and resources needed to identify and implement EE opportunities, perform services using performance based contracts (thereby reducing the risks to the energy users), facilitate access to financing from commercial lenders, and enable the energy users to pay for the services from the cost savings achieved. This guidance note provides examples of actions taken by governments in many countries (such as Armenia, Bulgaria, Croatia, Czech Republic, Germany, Hungary, and India) to foster the energy services market and help establish and grow ESPs in their countries. Experience from these countries shows that governments need to adopt a three-pronged approach, involving policy and regulatory initiatives, technical assistance (TA), and financing strategies, to build ESP and public agency capacity, implement ESP projects in the public sector, and provide the platform for moving to more complex implementation and financing models in the future. TA or financing alone does not offer an effective strategy to overcome the multidimensional challenges of ESP market development; efforts in all three areas are needed. Key conclusions of this guidance note are that: (i) there is no specific formula that can be prescribed to instruct governments on how to develop energy services markets; and (ii) fostering the ESP market requires governments to undertake a concerted set of legislative, regulatory, policy, financing, and awareness and information initiatives. 2014-09-10T21:02:11Z 2014-09-10T21:02:11Z 2014-05-01 http://documents.worldbank.org/curated/en/2014/05/19782678/scaling-up-energy-efficiency-buildings-western-balkans-energy-services-market-development-guidance-note https://hdl.handle.net/10986/20042 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ application/pdf text/plain World Bank Group, Washington, DC