Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans
The development of private sector energy service providers (ESPs), including energy service companies (ESCOs), that specialize in energy efficiency (EE) project development and implementation can help overcome some of the important barriers to scal...
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| Format: | Energy Study |
| Language: | English en_US |
| Published: |
World Bank Group, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/05/19782678/scaling-up-energy-efficiency-buildings-western-balkans-energy-services-market-development-guidance-note http://hdl.handle.net/10986/20042 |
| id |
okr-10986-20042 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO FINANCING ACCOUNTING ACCOUNTING TREATMENT ACCREDITATION AFFORDABLE FINANCING AIR CONDITIONING ANNUAL ENERGY SAVINGS APPROACH APPROPRIATE NONPROFIT AUDITING AUDITS AVAILABILITY BALANCE BALANCE SHEET BALANCE SHEETS BANK LENDING BANKS BOILERS BORROWING BUSINESS OPPORTUNITIES BUSINESS PLAN BUSINESS TRAINING CAPACITY BUILDING CAPITAL COST CAPITAL INVESTMENT CASH FLOW CASH FLOWS CLEAN ENERGY COGENERATION COLLATERAL COMMERCIAL BANKS COMMERCIAL LENDERS COOLING COST PRESSURES CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEE FACILITY CREDIT LINES CREDITOR CREDITS CREDITWORTHINESS CROSS-SUBSIDIES DEBT FINANCING DEBT FUNDS DEMAND FOR ENERGY DEMAND FOR ENERGY SERVICES DEVELOPMENT BANK DEVELOPMENT OF ENERGY SERVICES DIRECT LOANS DISTRICT HEATING DISTRICT HEATING SYSTEMS DONOR FUNDS E-LEARNING ECONOMIC GROWTH ECONOMIC REFORMS EFFICIENT LIGHTING ELECTRICITY EMISSIONS END USER END USERS ENERGY AUDITING ENERGY AUDITS ENERGY BILL ENERGY BILLS ENERGY CONSUMPTION ENERGY COST SAVINGS ENERGY COSTS ENERGY EFFICIENCY ENERGY EFFICIENCY INVESTMENTS ENERGY INTENSITY ENERGY MANAGEMENT ENERGY OUTPUT ENERGY PERFORMANCE ENERGY PERFORMANCE OF BUILDINGS ENERGY POLICIES ENERGY PRICES ENERGY SAVINGS ENERGY SERVICE ENERGY SERVICE COMPANIES ENERGY SERVICE PROVIDERS ENERGY SERVICES ENERGY STRATEGY ENERGY SUPPLIERS ENERGY SUPPLY ENERGY USAGE ENERGY USE ENTREPRENEURSHIP EQUITY INVESTMENT EQUITY INVESTMENTS ESP FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL STRUCTURE FINANCIAL VIABILITY FINANCING FACILITIES FINANCING SOURCES GOVERNMENT FUNDING GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HEAT HEAT METERING HOMEOWNER INFORMATION DISSEMINATION INSTITUTIONAL REFORMS INTERNAL FUNDS INTERNATIONAL FINANCE KILOWATT-HOUR LACK OF KNOWLEDGE LAWS LEGISLATION LOAN LOAN FACILITY LOAN FINANCING LOAN REPAYMENTS LOCAL GOVERNMENT MARKET DEVELOPMENT MARKET ENTRY MUNICIPAL DEBT MUNICIPAL SERVICES MUNICIPALITIES OIL OIL EQUIVALENT OUTREACH PARTIAL CREDIT PEAK DEMAND PIPELINE POWER POWER PLANT PRESENT VALUE PRIVATE SECTOR PRIVATE SECTOR FINANCING PROVISIONS PUBLIC PUBLIC AGENCIES PUBLIC BUDGETING PUBLIC CONTRACTS PUBLIC DEBT PUBLIC FACILITIES PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR PROJECTS PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE RESOURCES REPAYMENT RETURN ON EQUITY REVOLVING FUND REVOLVING FUNDS RISK PERCEPTION SUSTAINABLE ENERGY SUSTAINABLE ENERGY FUTURE TECHNICAL ASSISTANCE TOTAL ENERGY CONSUMPTION TRANSACTION COSTS UNION UTILITIES UTILITY COSTS UTILITY PAYMENTS |
| spellingShingle |
ACCESS TO FINANCING ACCOUNTING ACCOUNTING TREATMENT ACCREDITATION AFFORDABLE FINANCING AIR CONDITIONING ANNUAL ENERGY SAVINGS APPROACH APPROPRIATE NONPROFIT AUDITING AUDITS AVAILABILITY BALANCE BALANCE SHEET BALANCE SHEETS BANK LENDING BANKS BOILERS BORROWING BUSINESS OPPORTUNITIES BUSINESS PLAN BUSINESS TRAINING CAPACITY BUILDING CAPITAL COST CAPITAL INVESTMENT CASH FLOW CASH FLOWS CLEAN ENERGY COGENERATION COLLATERAL COMMERCIAL BANKS COMMERCIAL LENDERS COOLING COST PRESSURES CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEE FACILITY CREDIT LINES CREDITOR CREDITS CREDITWORTHINESS CROSS-SUBSIDIES DEBT FINANCING DEBT FUNDS DEMAND FOR ENERGY DEMAND FOR ENERGY SERVICES DEVELOPMENT BANK DEVELOPMENT OF ENERGY SERVICES DIRECT LOANS DISTRICT HEATING DISTRICT HEATING SYSTEMS DONOR FUNDS E-LEARNING ECONOMIC GROWTH ECONOMIC REFORMS EFFICIENT LIGHTING ELECTRICITY EMISSIONS END USER END USERS ENERGY AUDITING ENERGY AUDITS ENERGY BILL ENERGY BILLS ENERGY CONSUMPTION ENERGY COST SAVINGS ENERGY COSTS ENERGY EFFICIENCY ENERGY EFFICIENCY INVESTMENTS ENERGY INTENSITY ENERGY MANAGEMENT ENERGY OUTPUT ENERGY PERFORMANCE ENERGY PERFORMANCE OF BUILDINGS ENERGY POLICIES ENERGY PRICES ENERGY SAVINGS ENERGY SERVICE ENERGY SERVICE COMPANIES ENERGY SERVICE PROVIDERS ENERGY SERVICES ENERGY STRATEGY ENERGY SUPPLIERS ENERGY SUPPLY ENERGY USAGE ENERGY USE ENTREPRENEURSHIP EQUITY INVESTMENT EQUITY INVESTMENTS ESP FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL STRUCTURE FINANCIAL VIABILITY FINANCING FACILITIES FINANCING SOURCES GOVERNMENT FUNDING GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HEAT HEAT METERING HOMEOWNER INFORMATION DISSEMINATION INSTITUTIONAL REFORMS INTERNAL FUNDS INTERNATIONAL FINANCE KILOWATT-HOUR LACK OF KNOWLEDGE LAWS LEGISLATION LOAN LOAN FACILITY LOAN FINANCING LOAN REPAYMENTS LOCAL GOVERNMENT MARKET DEVELOPMENT MARKET ENTRY MUNICIPAL DEBT MUNICIPAL SERVICES MUNICIPALITIES OIL OIL EQUIVALENT OUTREACH PARTIAL CREDIT PEAK DEMAND PIPELINE POWER POWER PLANT PRESENT VALUE PRIVATE SECTOR PRIVATE SECTOR FINANCING PROVISIONS PUBLIC PUBLIC AGENCIES PUBLIC BUDGETING PUBLIC CONTRACTS PUBLIC DEBT PUBLIC FACILITIES PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR PROJECTS PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE RESOURCES REPAYMENT RETURN ON EQUITY REVOLVING FUND REVOLVING FUNDS RISK PERCEPTION SUSTAINABLE ENERGY SUSTAINABLE ENERGY FUTURE TECHNICAL ASSISTANCE TOTAL ENERGY CONSUMPTION TRANSACTION COSTS UNION UTILITIES UTILITY COSTS UTILITY PAYMENTS Limaye, Dilip Singh, Jas Hofer, Kathrin Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans |
| geographic_facet |
Europe and Central Asia Eastern Europe |
| description |
The development of private sector
energy service providers (ESPs), including energy service
companies (ESCOs), that specialize in energy efficiency (EE)
project development and implementation can help overcome
some of the important barriers to scaling up implementation
of energy efficiency (EE) projects, particularly in the
public sector. ESPs can offer a range of services spanning
the energy services value chain and provide the technical
skills and resources needed to identify and implement EE
opportunities, perform services using performance based
contracts (thereby reducing the risks to the energy users),
facilitate access to financing from commercial lenders, and
enable the energy users to pay for the services from the
cost savings achieved. This guidance note provides examples
of actions taken by governments in many countries (such as
Armenia, Bulgaria, Croatia, Czech Republic, Germany,
Hungary, and India) to foster the energy services market and
help establish and grow ESPs in their countries. Experience
from these countries shows that governments need to adopt a
three-pronged approach, involving policy and regulatory
initiatives, technical assistance (TA), and financing
strategies, to build ESP and public agency capacity,
implement ESP projects in the public sector, and provide the
platform for moving to more complex implementation and
financing models in the future. TA or financing alone does
not offer an effective strategy to overcome the
multidimensional challenges of ESP market development;
efforts in all three areas are needed. Key conclusions of
this guidance note are that: (i) there is no specific
formula that can be prescribed to instruct governments on
how to develop energy services markets; and (ii) fostering
the ESP market requires governments to undertake a concerted
set of legislative, regulatory, policy, financing, and
awareness and information initiatives. |
| format |
Economic & Sector Work :: Energy Study |
| author |
Limaye, Dilip Singh, Jas Hofer, Kathrin |
| author_facet |
Limaye, Dilip Singh, Jas Hofer, Kathrin |
| author_sort |
Limaye, Dilip |
| title |
Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans |
| title_short |
Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans |
| title_full |
Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans |
| title_fullStr |
Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans |
| title_full_unstemmed |
Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans |
| title_sort |
energy services market development : scaling up energy efficiency in buildings in the western balkans |
| publisher |
World Bank Group, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/05/19782678/scaling-up-energy-efficiency-buildings-western-balkans-energy-services-market-development-guidance-note http://hdl.handle.net/10986/20042 |
| _version_ |
1764444318484922368 |
| spelling |
okr-10986-200422021-04-23T14:03:52Z Energy Services Market Development : Scaling Up Energy Efficiency in Buildings in the Western Balkans Limaye, Dilip Singh, Jas Hofer, Kathrin ACCESS TO FINANCING ACCOUNTING ACCOUNTING TREATMENT ACCREDITATION AFFORDABLE FINANCING AIR CONDITIONING ANNUAL ENERGY SAVINGS APPROACH APPROPRIATE NONPROFIT AUDITING AUDITS AVAILABILITY BALANCE BALANCE SHEET BALANCE SHEETS BANK LENDING BANKS BOILERS BORROWING BUSINESS OPPORTUNITIES BUSINESS PLAN BUSINESS TRAINING CAPACITY BUILDING CAPITAL COST CAPITAL INVESTMENT CASH FLOW CASH FLOWS CLEAN ENERGY COGENERATION COLLATERAL COMMERCIAL BANKS COMMERCIAL LENDERS COOLING COST PRESSURES CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEE FACILITY CREDIT LINES CREDITOR CREDITS CREDITWORTHINESS CROSS-SUBSIDIES DEBT FINANCING DEBT FUNDS DEMAND FOR ENERGY DEMAND FOR ENERGY SERVICES DEVELOPMENT BANK DEVELOPMENT OF ENERGY SERVICES DIRECT LOANS DISTRICT HEATING DISTRICT HEATING SYSTEMS DONOR FUNDS E-LEARNING ECONOMIC GROWTH ECONOMIC REFORMS EFFICIENT LIGHTING ELECTRICITY EMISSIONS END USER END USERS ENERGY AUDITING ENERGY AUDITS ENERGY BILL ENERGY BILLS ENERGY CONSUMPTION ENERGY COST SAVINGS ENERGY COSTS ENERGY EFFICIENCY ENERGY EFFICIENCY INVESTMENTS ENERGY INTENSITY ENERGY MANAGEMENT ENERGY OUTPUT ENERGY PERFORMANCE ENERGY PERFORMANCE OF BUILDINGS ENERGY POLICIES ENERGY PRICES ENERGY SAVINGS ENERGY SERVICE ENERGY SERVICE COMPANIES ENERGY SERVICE PROVIDERS ENERGY SERVICES ENERGY STRATEGY ENERGY SUPPLIERS ENERGY SUPPLY ENERGY USAGE ENERGY USE ENTREPRENEURSHIP EQUITY INVESTMENT EQUITY INVESTMENTS ESP FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL STRUCTURE FINANCIAL VIABILITY FINANCING FACILITIES FINANCING SOURCES GOVERNMENT FUNDING GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HEAT HEAT METERING HOMEOWNER INFORMATION DISSEMINATION INSTITUTIONAL REFORMS INTERNAL FUNDS INTERNATIONAL FINANCE KILOWATT-HOUR LACK OF KNOWLEDGE LAWS LEGISLATION LOAN LOAN FACILITY LOAN FINANCING LOAN REPAYMENTS LOCAL GOVERNMENT MARKET DEVELOPMENT MARKET ENTRY MUNICIPAL DEBT MUNICIPAL SERVICES MUNICIPALITIES OIL OIL EQUIVALENT OUTREACH PARTIAL CREDIT PEAK DEMAND PIPELINE POWER POWER PLANT PRESENT VALUE PRIVATE SECTOR PRIVATE SECTOR FINANCING PROVISIONS PUBLIC PUBLIC AGENCIES PUBLIC BUDGETING PUBLIC CONTRACTS PUBLIC DEBT PUBLIC FACILITIES PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR PROJECTS PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE RESOURCES REPAYMENT RETURN ON EQUITY REVOLVING FUND REVOLVING FUNDS RISK PERCEPTION SUSTAINABLE ENERGY SUSTAINABLE ENERGY FUTURE TECHNICAL ASSISTANCE TOTAL ENERGY CONSUMPTION TRANSACTION COSTS UNION UTILITIES UTILITY COSTS UTILITY PAYMENTS The development of private sector energy service providers (ESPs), including energy service companies (ESCOs), that specialize in energy efficiency (EE) project development and implementation can help overcome some of the important barriers to scaling up implementation of energy efficiency (EE) projects, particularly in the public sector. ESPs can offer a range of services spanning the energy services value chain and provide the technical skills and resources needed to identify and implement EE opportunities, perform services using performance based contracts (thereby reducing the risks to the energy users), facilitate access to financing from commercial lenders, and enable the energy users to pay for the services from the cost savings achieved. This guidance note provides examples of actions taken by governments in many countries (such as Armenia, Bulgaria, Croatia, Czech Republic, Germany, Hungary, and India) to foster the energy services market and help establish and grow ESPs in their countries. Experience from these countries shows that governments need to adopt a three-pronged approach, involving policy and regulatory initiatives, technical assistance (TA), and financing strategies, to build ESP and public agency capacity, implement ESP projects in the public sector, and provide the platform for moving to more complex implementation and financing models in the future. TA or financing alone does not offer an effective strategy to overcome the multidimensional challenges of ESP market development; efforts in all three areas are needed. Key conclusions of this guidance note are that: (i) there is no specific formula that can be prescribed to instruct governments on how to develop energy services markets; and (ii) fostering the ESP market requires governments to undertake a concerted set of legislative, regulatory, policy, financing, and awareness and information initiatives. 2014-09-10T21:02:11Z 2014-09-10T21:02:11Z 2014-05-01 http://documents.worldbank.org/curated/en/2014/05/19782678/scaling-up-energy-efficiency-buildings-western-balkans-energy-services-market-development-guidance-note http://hdl.handle.net/10986/20042 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Economic & Sector Work :: Energy Study Europe and Central Asia Eastern Europe |