Evaluating project level investment trends for the U.S. ESCO industry: 1990–2017

Carvallo, Juan Pablo; Murphy, Seán; Stuart, Elizabeth; Larsen, Peter H.; Goldman, Charles A.

doi:10.1016/j.enpol.2019.03.061

Cited by 14 publications

(11 citation statements)

References 44 publications

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“…Energy service companies (ESCOs) provide private services for efficient energy management by providing sufficient planning and equipment. The services offered by ESCOs include energy savings, energy efficiency and energy conversion [50]. Besides, the ESCOs also provide multiples types of services that include energy financing, energy and technical consultancy and assistance, equipment installation service along with operation and maintenance.…”

Section: Energy Service Companies (Escos)mentioning

confidence: 99%

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A comprehensive investigation of energy management practices within energy intensive industries in Bangladesh

Hasan

Tuhin

Ullah³

et al. 2021

Energy

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Industrial energy efficiency is acknowledged as a cost-effective mean contributing to sustainable development and industrial competitiveness. Implementing energy management practices becomes even more imperative for developing countries, considering their energy usage trends and economic development forecasts. Based on the circumstances, an empirical investigation is conducted on energy efficiency and management practices, as well as barriers and drivers to energy efficiency in the energyintensive industries of Bangladesh. The study finds that majority of the companies barely implement the energy management practices. Energy audits represent the mostly implemented energy management practice at the industries, though a comprehensive approach on a detailed level is still lacking. In addition, this study finds that the number of dedicated and specialised energy professionals employed in the industries is yet negligible. The cumulated results show that energy efficiency is mostly disrupted due to inadequate support from preeminent administration and bureaucratic intricacy. Energy blueprint cost-saving due to less use of energy and rules and regulations were distinctively signified as most imperative drivers for energy efficiency. On the other hand, lack of information is found to be the most significant barrier to consult energy service companies. Analysis of the country's energy usage and supply-demand relationship points towards insufficient energy efficiency measures and energy management practices in the country. The study also finds that energy efficiency could be improved by 8% to 10% through the practice of energy management. Our findings, besides pointing out specific issues to be tackled in the specific context of investigation, pave the way for further research over industrial energy efficiency in developing countries.

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Section: Energy Service Companies (Escos)mentioning

confidence: 99%

“…ESCO industries had insured significant energy savings in many developed and developing countries [50]. Notably, the financing mechanism of ESCOs in the energy improvement sector had successfully delivered in the United States of America, Austria, Japan, South Korea [47] and several European countries [52].…”

Section: Energy Service Companies (Escos)mentioning

confidence: 99%

A comprehensive investigation of energy management practices within energy intensive industries in Bangladesh

Hasan

Tuhin

Ullah³

et al. 2021

Energy

View full text Add to dashboard Cite

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“…Bid price is the price made by the construction enterprise itself, which reflects the enterprise's autonomous pricing right. The enterprise's autonomous pricing must be based on the enterprise's individual cost calculation, which reflects the reasonable connection of "individual labor time" and "social labor time" [5]. Meanwhile, public bids must reflect the principle of "unified quantity, directive price and competitive expenses", which requires that arbitrarily lowering direct expenses and deviating from quota pricing base be not allowed, or otherwise it will result in not only contractors' loss but also owners' loss.…”

Section: Normalization Of Biddingmentioning

confidence: 99%

An enquiry into Investment Control of Engineering Projects

Chen

2021

E3S Web Conf.

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The relatively weak link in the current construction project management is the project investment control. There is often a lack of accurate investigation beforehand and the lack of real investigation data, resulting in the lack of authenticity of the investigation report, and it is difficult to calculate the investment spent on the project. Engineering projects are prone to investment risks and cause unnecessary losses. Construction project investment is related to the future development trend of the construction industry. In order to adapt to the development needs of the society, this article discusses current engineering projects from the four key aspects of project investment control—optimized design, good bidding, scientific management, and strengthening of audits. There are problems in the investment process, and the corresponding investment control strategies are discussed. The research conclusions show that these four key aspects play a very important role in engineering project investment control.

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“…The energy demands enhancement and environmental concerns of utilizing fossil fuels in recent years have led to a significant increase in investment in energy efficiency projects [1][2][3]. Despite the actions and considerable investments that are being made, there remain several obstacles which need to be removed in order to accelerate the uptake of energy efficiency projects.…”

Section: Introductionmentioning

confidence: 99%

Development of an ESCO Risk Assessment Model as a Decision-Making Tool for the Energy Savings Certificates Market Regulator: A Case Study

et al. 2020

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This article is focused on developing an Energy Service Company (ESCO) risk assessment model for use by energy savings certificates (ESC) market regulators. This model enables market regulators to determine the appropriate point in time for ESCOs to sell their certificates with the aim of minimizing risk as well as maximizing economic gain yet remain motivated for reducing the cost of energy efficiency technologies. To this end, the interactions between an ESCO and other parties (such as suppliers) in the market in addition to the principles of the energy efficiency performance contract are taken into consideration. Then, appropriate probability distributions have been fitted to the stochastic variables to be applied in the Net Present Value (NPV) function, based on sampled company data. A case study considers a one MW Organic Rankine Cycle (ORC) implementation in Iran’s petrochemical industry. The finding of this study shows if the ESCO is allowed to sell the certificates during the first seven years as well reduce 30% of the investment cost, the expected Net Present Value over Investment Cost (NPV/I) savings will cover more than one cycle.

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Evaluating project level investment trends for the U.S. ESCO industry: 1990–2017

Cited by 14 publications

References 44 publications

A comprehensive investigation of energy management practices within energy intensive industries in Bangladesh

A comprehensive investigation of energy management practices within energy intensive industries in Bangladesh

An enquiry into Investment Control of Engineering Projects

Development of an ESCO Risk Assessment Model as a Decision-Making Tool for the Energy Savings Certificates Market Regulator: A Case Study

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