Publication: Fostering the Development of ESCO Markets for Energy Efficiency
dc.contributor.author | Hofer, Kathrin | |
dc.contributor.author | Limaye, Dilip | |
dc.contributor.author | Singh, Jas | |
dc.date.accessioned | 2016-03-15T16:05:53Z | |
dc.date.available | 2016-03-15T16:05:53Z | |
dc.date.issued | 2016-03 | |
dc.description.abstract | This guidance note, about Energy service companies (ESCO), was prepared under the Energy Efficiency Outreach activity of the World Bank’s Europe and Central Asia region. The activity is sponsored by the Energy Sector Management Assistance Program, a multidonor technical assistance trust fund administered by the World Bank and cosponsored by thirteen official bilateral donors. ESCO can aid energy efficiency efforts by providing technical skills, assuming performance risks, facilitating access to finance from commercial lenders, and enabling energy users to repay initial costs through future savings. Although many attempts to encourage the development of ESCO markets in developing countries have failed, some recent experiences demonstrate how governments can help by promoting simple business models; facilitating ESCO financing; making legislative, regulatory, and policy changes; and creating demand. The challenges are real as the ESCO models are complex and require strong legal, financial, accounting, and business infrastructure,which is often lacking in developing countries. However, a combination of simple ESCO models, dedicated financing, enabling policy, regulatory initiatives, and increased public sector demand has resulted in the development of sizeable ESCO markets in some countries. | en |
dc.identifier | http://documents.worldbank.org/curated/en/2016/03/26065397/fostering-development-energy-service-companies-esco-markets-energy-efficiency | |
dc.identifier.doi | 10.1596/23949 | |
dc.identifier.uri | https://hdl.handle.net/10986/23949 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | World Bank, Washington, DC | |
dc.relation.ispartofseries | Live Wire;2016/54 | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | GOVERNMENT SAVINGS | |
dc.subject | FINANCIAL SERVICES | |
dc.subject | REGULATORY FRAMEWORK | |
dc.subject | EQUIPMENT | |
dc.subject | ACCOUNTING | |
dc.subject | PUBLIC-PRIVATE PARTNERSHIPS | |
dc.subject | FINANCING | |
dc.subject | INTEREST | |
dc.subject | INDUSTRIAL ENERGY EFFICIENCY | |
dc.subject | GUARANTEES | |
dc.subject | ACTIVITIES | |
dc.subject | GOVERNMENT FUNDING | |
dc.subject | ENERGY COST SAVINGS | |
dc.subject | OPTION | |
dc.subject | DEVELOPING COUNTRIES | |
dc.subject | ENERGY SERVICE COMPANIES | |
dc.subject | REPAYMENTS | |
dc.subject | PORTFOLIO | |
dc.subject | MARKET SIZE | |
dc.subject | ELECTRICITY SAVINGS | |
dc.subject | CAPACITY BUILDING | |
dc.subject | LOAN | |
dc.subject | FEE | |
dc.subject | REGULATORY INFRASTRUCTURES | |
dc.subject | PRICE | |
dc.subject | PAYMENTS | |
dc.subject | SAVING | |
dc.subject | CASH FLOWS | |
dc.subject | INSTRUMENTS | |
dc.subject | ENABLING ENVIRONMENT | |
dc.subject | CREDIBILITY | |
dc.subject | MATURITY | |
dc.subject | ACCESS TO FUNDS | |
dc.subject | ARBITRATION | |
dc.subject | SAVINGS | |
dc.subject | TECHNICAL ASSISTANCE | |
dc.subject | MARKET DEVELOPMENT | |
dc.subject | FINANCIAL INSTITUTION | |
dc.subject | UNION | |
dc.subject | CONTRACTS | |
dc.subject | ESCO | |
dc.subject | ENERGY SUPPLY | |
dc.subject | FINANCES | |
dc.subject | OPTIONS | |
dc.subject | WATER | |
dc.subject | PAYMENT | |
dc.subject | MARKETS | |
dc.subject | DEBT | |
dc.subject | LOAN REPAYMENTS | |
dc.subject | LENDERS | |
dc.subject | ENERGY SECTOR | |
dc.subject | LOANS | |
dc.subject | ENTERPRISES | |
dc.subject | RESERVES | |
dc.subject | LEASE PAYMENTS | |
dc.subject | LIGHTING | |
dc.subject | DUE DILIGENCE | |
dc.subject | LEGAL FRAMEWORK | |
dc.subject | BANK FINANCING | |
dc.subject | FINANCE | |
dc.subject | BANK LOAN OFFICERS | |
dc.subject | BANKS | |
dc.subject | DEBT FINANCING | |
dc.subject | ENERGY SAVINGS | |
dc.subject | ENERGY CONSUMPTION | |
dc.subject | EQUITY | |
dc.subject | TRANSACTION | |
dc.subject | LOAN REPAYMENT | |
dc.subject | ENERGY OUTPUT | |
dc.subject | CAPITAL | |
dc.subject | BALANCE | |
dc.subject | MARKET CONDITIONS | |
dc.subject | FUTURE | |
dc.subject | UTILITIES | |
dc.subject | ACCESS TO FINANCE | |
dc.subject | POWER | |
dc.subject | ELECTRICITY | |
dc.subject | BANK | |
dc.subject | ESCO CONTRACTS | |
dc.subject | LOCAL MARKET | |
dc.subject | CREDIT | |
dc.subject | ENERGY EFFICIENCY PROJECTS | |
dc.subject | COLLATERALIZATION | |
dc.subject | CONTRACT | |
dc.subject | REPAYMENT | |
dc.subject | BIDS | |
dc.subject | LOCAL MARKETS | |
dc.subject | BALANCE SHEET | |
dc.subject | FUND MANAGEMENT | |
dc.subject | ENERGY USE | |
dc.subject | TRANSACTION COSTS | |
dc.subject | MARKET | |
dc.subject | ESCO MODELS | |
dc.subject | ACCREDITATION | |
dc.subject | ENERGY EFFICIENCY | |
dc.subject | BANK LOAN | |
dc.subject | COMMERCIAL LENDERS | |
dc.subject | ENERGY CONSERVATION | |
dc.subject | LOAN OFFICERS | |
dc.subject | INVESTMENT | |
dc.subject | FINANCIAL INTERMEDIARIES | |
dc.subject | COMMERCIAL BANKS | |
dc.subject | SHARE | |
dc.subject | MONOPOLISTIC MARKET | |
dc.subject | BALANCE SHEETS | |
dc.subject | FINANCIAL MARKETS | |
dc.subject | FINANCIAL RISKS | |
dc.subject | ENERGY MANAGEMENT | |
dc.subject | BID | |
dc.subject | AVAILABILITY | |
dc.subject | FACILITIES | |
dc.subject | COMMERCIAL LENDING | |
dc.subject | PROFIT | |
dc.subject | BOTTOM LINE | |
dc.subject | INVESTMENTS | |
dc.subject | RENEWABLE SOURCES | |
dc.subject | LENDING | |
dc.subject | TECHNICAL SUPPORT | |
dc.subject | TRUST FUND | |
dc.subject | CUSTOMER SATISFACTION | |
dc.subject | INSTRUMENT | |
dc.subject | OUTREACH | |
dc.subject | PIPELINE | |
dc.subject | ENERGY USAGE | |
dc.subject | ENERGY COSTS | |
dc.subject | PARTIAL RISK | |
dc.subject | CREDIT LINES | |
dc.subject | APPROACH | |
dc.subject | GUARANTEE | |
dc.subject | HEATING | |
dc.subject | CASH FLOW | |
dc.subject | PERFORMANCE RISKS | |
dc.subject | ENERGY | |
dc.subject | INVESTING | |
dc.title | Fostering the Development of ESCO Markets for Energy Efficiency | en |
dc.type | Brief | en |
dc.type | Fiche | fr |
dc.type | Resumen | es |
dspace.entity.type | Publication | |
okr.crossref.title | Fostering the Development of ESCO Markets for Energy Efficiency | |
okr.date.disclosure | 2016-03-13 | |
okr.doctype | Publications & Research | |
okr.doctype | Publications & Research::Brief | |
okr.docurl | http://documents.worldbank.org/curated/en/2016/03/26065397/fostering-development-energy-service-companies-esco-markets-energy-efficiency | |
okr.guid | 709221467753465653 | |
okr.identifier.doi | 10.1596/23949 | |
okr.identifier.externaldocumentum | 090224b084e88008_2_0 | |
okr.identifier.internaldocumentum | 26065397 | |
okr.identifier.report | 103932 | |
okr.imported | true | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/03/14/090224b0841fa51a/1_0/Rendered/PDF/Fostering0the00or0energy0efficiency.pdf | en |
okr.topic | Energy::Energy Conservation & Efficiency | |
okr.topic | Energy::Energy Demand | |
okr.topic | Energy::Energy Production and Transportation | |
okr.unit | Energy & Extractives GP - IFC (GEEDR) | |
relation.isSeriesOfPublication | 98e5571a-7cc0-440c-8455-78cc32cc387a | |
relation.isSeriesOfPublication.latestForDiscovery | 98e5571a-7cc0-440c-8455-78cc32cc387a |
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