Expanding Energy Performance Contracting in china: policy solutions and market mechanisms

Technical Report · Wed Jul 19 04:00:00 EDT 2017

DOI:https://doi.org/10.2172/1371724· OSTI ID:1371724

Shen, Bo ^[1]; Price, Lynn ^[1]; Liu, Xu ^[1]; Meng, Lu ^[1]; Shi, Wenjing ^[2]; Evans, Meredydd ^[2]; Roshchanka, Volha ^[2]; Yu, Sha ^[2]

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1. Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)
2. Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

Energy performance contracting is an important market mechanism that uses energy savings to pay over time for the upfront costs of energy efficiency retrofits in buildings, industries, and other types of facilities. Through energy performance contracts (EPCs), Energy Service Companies (ESCOs) play an important role in implementing energy efficiency retrofits. Both China and the United States have large markets for EPCs and significant opportunities for growth. The Chinese government has made great efforts in promoting the country’s ESCO business and expanding its EPC markets. This paper makes a series of recommendations for China to adopt more ambitious policy measures to encourage deep energy savings projects via EPCs. These recommendations are built on initial insights from a white paper developed by researchers at the Pacific Northwest National Laboratory and the Lawrence Berkeley National Laboratory with the assistance from the ESCO Committee of China’s Energy Conservation Association (EMCA). Key recommendations are listed below.

• Research Organization: Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States)
• Sponsoring Organization: USDOE
• OSTI ID: 1371724
• Report Number(s): LBNL--1003854; ir:1003854
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY