ESCO potential and role
- Author: United Nations Economic Commission for Europe
- Main Title: Development of Energy Service Companies Market and Policies , pp 3-4
- Publication Date: May 2016
- DOI: https://doi.org/10.18356/548f28e2-en
- Language: English French, Russian
Energy Service company (ESCO) is a consultancy group that engages in a performance-based contract, referred to as energy performance contract (EPC), with a client firm to implement measures, which reduce energy consumption and costs in a technically and financially viable manner. In North America and Europe ESCOs offer both technical and financial services to implement energy-efficiency projects, and guarantee that the energy savings associated with the project will be sufficient to cover the costs of the project over a certain period of time. This feature distinguishes ESCOs and differentiates them from other energy efficiency consulting companies selling the equipment.
© United Nations
ISBN (PDF):
9789210580601
Book DOI:
https://doi.org/10.18356/6c18f67d-en
Related Subject(s):
Natural Resources Water and Energy
Sustainable Development Goals:
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