Designing an appropriate ESCOs' environment in the Mediterranean

Abstract

PurposeTo contribute to the design of the energy service companies (ESCOs)' environment in the Mediterranean countries, mainly focusing on the constraints this company's environment face and the actions that can fulfil its needs and aims, taking also into consideration the opportunities and threats emerging from the energy liberalization and climate change.Design/methodology/approachThe methodology that was followed (based in a large part on the context of two projects targeted to the Mediterranean region and funded by the European Commission) incorporated four steps, the desk analysis for energy efficiency potential in the Mediterranean, the data collection, the assessment of the constraints and the final assessment of the ESCOs' environment.FindingsProvides information regarding the current status of ESCOs' development, in the dimensions of the ESCOs' environment (political/legal, economical/financial, social/cultural and technological), both in the European Union (EU) (Cyprus, France, Greece, Italy, Malta and Spain) and non‐EU (Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Syria, Tunisia and Turkey) Mediterranean countries.Originality/valueThere are no papers investigating the activation environment of ESCOs in a coherent and integrated way in the Mediterranean. This paper provides to decision makers a supportive framework for policy design and formulation of policy priorities for ESCOs development in the region.

The Effect of ESCOs on Carbon Dioxide Emissions

“…Energy-efficiency technologies represent a major share of the industry activity, accounting for 75 percent of ESCO revenues in 2008 (Goldman et al, 2005;Urge-Vorsatz et al, 2007;Satchwell et al, 2010). The concept gradually spread to Europe and Japan (Vine et al, 1998;Shito, 2003;Vine, 2005;Bertoldi et al, 2006;Patlitzianas et al, 2006;Kiss et al, 2007;Patlitzianas and Psarras, 2007). For example, Italian ESCO activity began in the early 1980s (Vine, 2005), and now, ESCOs account for 90 percent of energy-efficiency activity (Linares and Perez-Arriaga, 2009).…”

Barriers to Improving Energy Efficiency: Insights From Energy Services Companies in Jordan

“…Another strand of literature, in this context, discussed the formulation of modern energy companies in the Europian Union member states through a decision backing methodology (Patlitzianas and Psarras, 2007) while others dealt with designing a convenient Energy Service Companies environment in the Mediterranean (Patlitzianas et al, 2006). Iazzolino and Gabriele (2016) provided an analysis of financial reliability in ESCO's industry in Italy using the Z''-score model.…”

Financial viability of school retrofit projects for clients and ESCOs

“…The literature relating to EnPC is comprehensive in its geographic scope, with papers published exploring the state of the market in the European Union (Bertoldi, Rezessy, & Vine, 2006;Forni, 2012;Marino, Bertoldi, & Rezessy, 2010), the Mediterranean (Patlitzianas, Doukas, & Psarras, 2006), Turkey (Okay & Akman, 2010), Slovenia (Kavcic, 2010), Denmark (Jensen, Nielsen, & Hansen, 2013), Japan (Shito, 2003), China (Xiaoli, Luping, & Wen, 2011), the US (Goldman et al, 2005;Goldman, Osborn, Hopper, & Singer, 2002;Satchwell et al, 2010), Bulgaria, Hungary and Macedonia (Rezessy, Dimitrov, Urge-Vorsatz, & Baruch, 2006). These studies are generally written for a local audience and consider the potential development of the particular national market.…”