What to allocate and how to allocate?—Benefit allocation in Shared Savings Energy Performance Contracting Projects

Shang, Tiancheng; Zhang, Kai; Liu, Peihong; Chen, Ziwei; Li, Xiangpeng; Wang, Xue

doi:10.1016/j.energy.2015.08.020

Cited by 53 publications

(27 citation statements)

References 20 publications

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“… Descriptive analysis was commonly used in studies aiming at identifying the problems and measures of EPC industry and project development. Data in these studies were always analyzed by calculating the mean value and standard deviation, providing strong supports to the statements or arguments (e.g., [21,[55][56][57][58]).  Statistical analysis was useful for carrying out deeper data analysis compared with the descriptive analysis.…”

Section: Trend Of Epc Publications In the Past Decadementioning

confidence: 99%

“…It is not until 2013 that the topic of "decision-making in EPC projects" began to attract research interests, demonstrated by a steady number of publications from 2013 to 2018. This can be a very important research domain continuously attracting research interests because the decisions among major EPC project stakeholders are influential in shaping project performance (e.g., [19,25,55]).…”

Section: The Five Main Research Topicsmentioning

confidence: 99%

“…The existing literature revealed two critical indicators-energy savings and economic revenue-for evaluating the success of EPC projects (by comparing the performance between ex-EPC and post-EPC projects) [55,74]. Therefore, significant efforts have been made to figure out how to achieve expected energy savings in EPC projects (for the aim of energy savings) (e.g., [32,54]) or how to achieve optimal energy savings (for the aim of maximizing economic benefits) (e.g., [43][44][45][46][47][48][49][50][51][52][53][54][55]. According to our review, prior studies largely highlighted achieving either energy savings or economic revenue when applying EPC, but seldom concerned the EU's perceptions toward EPC project success.…”

Section: Research Trend Of "Epc Mechanism and Business Models"mentioning

confidence: 99%

“…However, the negotiation about the energy-savings benefit allocation is actually a game process. Based on the Rubinstein bargaining model, Shang et al [55], and thus explored such a bargaining process for obtaining an effective interval that satisfies both the ESCO and the EU. However, with the development and evolution of EPC businesses, new stakeholders would emerge and consequently play a role in affecting EPC projects performance [46].…”

Section: Research Trend Of "Decision-making In Epc Projects"mentioning

confidence: 99%

See 3 more Smart Citations

Promoting Energy Performance Contracting for Achieving Urban Sustainability: What is the Research Trend?

Zhang

Yuan

2019

Energies

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The increasing demand for applying energy performance contracting (EPC) for urban energy conservation has resulted in a significant amount of publications over the past decade. This study tries to identify future research trends in the subject of EPC through analyzing 127 journal papers published from 2008 to 2018. Based on the analysis and discussion of the EPC research, several main research trends were identified. The research results reveal an increasing research interest in EPC over the period. The findings imply that case study is the major research method and descriptive analysis and statistical analysis are primarily used for data analysis. In addition, EPC research in the past decade focused on five major research topics, which are ‘implementation of EPC projects’, ‘EPC mechanism and business models’, ‘decision-making in EPC projects’, ‘Energy Service Companies (ESCOs) in EPC projects’, and ‘risk management in EPC projects’. Based on the five research topics, future research trends and directions in EPC were identified as well. The findings of this study can be informative and valuable for guiding future research in EPC, and are particularly helpful for researchers who are keen to open a new window of investigating EPC issues worldwide.

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Section: Trend Of Epc Publications In the Past Decadementioning

confidence: 99%

Section: The Five Main Research Topicsmentioning

confidence: 99%

Section: Research Trend Of "Epc Mechanism and Business Models"mentioning

confidence: 99%

Section: Research Trend Of "Decision-making In Epc Projects"mentioning

confidence: 99%

See 2 more Smart Citations

Promoting Energy Performance Contracting for Achieving Urban Sustainability: What is the Research Trend?

Zhang

Yuan

2019

Energies

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show abstract

“…Alas, they only allocated excess revenue without considering the total project revenue. Furthermore, Shang et al [33] established a bargaining model for energy-saving revenue distribution using Rubinstein's bargaining game theory. The researchers obtained an effective bargaining interval that was satisfactory to both parties through the game, but the solution was not unique.…”

Section: Common Methods Of Revenue Sharing In Ppp Projectsmentioning

confidence: 99%

Developing a Revenue Sharing Method for an Operational Transfer-Operate-Transfer Project

Fang

et al. 2019

Sustainability

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The transfer-operate-transfer (TOT) project model is used widely as a commercial framework for public-private-partnerships to support provision of infrastructure and enable the delivery of services. However, operational delivery of such projects can encounter certain challenges, such as the need for improved revenue sharing between governmental and private partners. The purpose of this paper is to design a revenue sharing method (RSM) that satisfies the revenue-sharing forecast in the contract design stage and the realized revenue sharing in the contract execution period for an operational TOT project. This approach identifies the impact of external uncertainty and effort level as well as the input ratio on revenue sharing of participants, distributes and reasonably minimizes the project revenue uncertainty among the participants, and achieves an improved matching of the participants’ revenue sharing with their risk-sharing, resource input and effort level. The paper utilizes the fuzzy-payoffs Shapley value method for revenue distribution for an operational TOT project, where the fuzzy alliance and input ratio coefficient are adopted to gradually optimize the Shapley value and form the RSM of an operational TOT project. The RSM allows prediction of the revenue sharing of participations under uncertain conditions of project revenue and supports improved decision-making by participants.

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Investigating cooperation between competitive manufacturers under the energy performance contracting mechanism

Zhang¹,

Lingling

Liu

et al. 2022

Environ Dev Sustain

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What to allocate and how to allocate?—Benefit allocation in Shared Savings Energy Performance Contracting Projects

Cited by 53 publications

References 20 publications

Promoting Energy Performance Contracting for Achieving Urban Sustainability: What is the Research Trend?

Promoting Energy Performance Contracting for Achieving Urban Sustainability: What is the Research Trend?

Developing a Revenue Sharing Method for an Operational Transfer-Operate-Transfer Project

Investigating cooperation between competitive manufacturers under the energy performance contracting mechanism

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