Evolution of the U.S. Energy Service Company Industry: Market Size and Project Performance from 1990-2008

Larsen, Peter H.; Goldman, Charles A.; Satchwell, Andrew

doi:10.2172/1183174

Cited by 18 publications

(31 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Public procurement expenditure in the UK was approximately £190bn in 2010-2011 (Uyarra, 2014b) and utility consumption is typically the second highest overhead cost in the public sector after staffing (Hammond, 2014). Opportunities for improving energy efficiency in the public sector arise from common ownership and the homogeneous nature of facilities with common functions such as local authorities (municipalities), universities, schools and hospitals (referred to as the MUSH sector in the US, (Larsen, 2012)). …”

Section: Procuring Energy Services In the Uk Public Sectormentioning

confidence: 99%

“…Typically the single largest purchaser in a country, the public sector has the capacity to harmonising procurement policies across and stimulate innovation (Singh, 2010;Uyarra, 2014 a,b) and EPCs are considered to be particular suitable for addressing untapped energy efficiency potentials in the public sector (DECC, 2015c;Larsen, 2012;Singh, 2010). OJEU compliant PFEPCs encourage the use of EPCs and potentially foster innovation by simplifying tendering procedures, by limiting bidding to (in most cases) pre-approved ESCOs, by including the associated fees and by providing access to all relevant procurement, technical and legal documentation (CEF, 2015).…”

Section: Procuring Energy Services In the Uk Public Sectormentioning

confidence: 99%

“…Public sector buildings have long been established as a primary market for EPCs, owing to factors such as the generic nature of buildings and the relevant technologies, the multiple obstacles to inhouse energy management, the lack of finance for energy efficiency investment and the increasing reliance upon outsourcing (Hansen, 2009;Larsen, 2012). An important initiative in the UK public sector has been the development of procurement frameworks for EPCs (PFEPCs).…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Innovative Procurement Frameworks for Energy Performance Contracting in the UK Public Sector

2015

View full text Add to dashboard Cite

SWPS 2015-31 (November) DisclaimerThe works av ailab le h ere ar e th e resp onsibility of the ind ividu al auth or(s) and do not necess arily repres ent the views of oth er SPRU researchers . As matters of policy and practice, SPRU does not endorse individual research contributions. Guidelines for authorsPapers sh all be submitted in pdf or Word format. They should con tain a title, an abstract, and keyw ords. Pap ers should be submitted to on e of th e Editors, who will process them and send them to th e appropriate Associate Editor. Tw o memb ers of SPRU will be asked to provide a short written rev iew within three weeks. The r evised v ersions of th e pap er, togeth er with a rep ly to the reviewers, should be sent to th e Associate Editor, who will prop ose to th e Editors its publication on th e series. When submitting th e authors shou ld ind icate if th e paper has already undergone peer-reviewing, in which case th e Associate Ed itors may decid e to skip internal review process. The SPRU Working Paper Series aims to accelerate the pub lic av ailab ility of the r esear ch undertaken by SPRU-associated p eople of all categories, and exceptionally, other r esear ch that is of consider able interest within SPRU. It pres ents research r esults that in whole or p art are suitab le for submission to a refereed journal, to a sp onsor, to a major confer ence or to th e editor of a book. Our intention is to provide access to early copies of SPRU research. AcknowledgementsThis research was funded by the Research Councils UK through their support for the Centre on Innovation and Energy Demand (Grant no. EP/KO11790/1). We are grateful to two anonymous referees of the SPRU Working Paper Series (SWPS) for their comments. 2 AbstractProcurement Frameworks for Energy Performance Contracting (PFEPCs) simplify the process of negotiating, developing and implementing Energy Performance Contracts (EPCs) with Energy Service Companies (ESCOs). This paper analyses their role in promoting the implementation of cost-effective energy efficiency measures in the UK public sector. Compared to conventional approaches to procuring goods and services involving detailed specifications, PFEPCs translate the challenge of upgrading, retrofitting and replacing energy related equipment and infrastructures into required outputs through functional specifications. The innovativeness of specific PFEPCs often lies less in the diffusion of 'developmental' innovative energy efficient solutions, although partner bidding approaches create favourable conditions for innovation. However increasing standardisation and bundling prove successful at lowering transaction cost, which enables ESCOs to address projects which would not be considered in the absence of PFEPCs due to high transaction costs. This particular organisational innovation opens the market up to new approaches to implementing costeffective energy efficiency measures.

show abstract

Section: Procuring Energy Services In the Uk Public Sectormentioning

confidence: 99%

Section: Procuring Energy Services In the Uk Public Sectormentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Innovative Procurement Frameworks for Energy Performance Contracting in the UK Public Sector

2015

View full text Add to dashboard Cite

show abstract

“…and Larsen et al (2012a;2012b) observed that onsite generation and renewable energy projects became more prevalent in the ESCO industry from 1990-2008. We found that both total and relative share of revenues from onsite energy installations declined between 2008 and 2011.…”

Section: Es-3mentioning

confidence: 99%

“…Six additional states have established statutory or regulatory requirements that utilities acquire "all cost effective" energy efficiency (Barbose et al 2013). In response to a 2011 presidential memorandum (Obama 2011 The energy service company (ESCO) industry has a well-established track record of delivering substantial energy and economic savings in the public and institutional buildings sector, typically through energy saving performance contracts (ESPC) (Larsen et al 2012a;Goldman et al 2005;Hopper et al 2005 Performance contracting provides a vehicle for implementing energy projects with little or no up-front capital costs, paying back the project installation and financing costs over time out of the energy and maintenance savings. Successfully-implemented ESPCs help customers cover retrofit costs using the dollar savings produced by the installed energy-saving measures over time.…”

Section: Introductionmentioning

confidence: 99%

Current Size and Remaining Market Potential of the U.S. Energy Service Company Industry

Stuart¹

2013

Self Cite

View full text Add to dashboard Cite

Improving the Methodological Approach to Assessing the Energy Efficiency of Gas Processing Enterprises

Avdeeva

Solovyova

Musina

et al. 2021

Lecture Notes in Civil Engineering

View full text Add to dashboard Cite

Evolution of the U.S. Energy Service Company Industry: Market Size and Project Performance from 1990-2008

Cited by 18 publications

References 0 publications

Innovative Procurement Frameworks for Energy Performance Contracting in the UK Public Sector

Innovative Procurement Frameworks for Energy Performance Contracting in the UK Public Sector

Current Size and Remaining Market Potential of the U.S. Energy Service Company Industry

Improving the Methodological Approach to Assessing the Energy Efficiency of Gas Processing Enterprises

Contact Info

Product

Resources

About