Brief

Fostering the Development of ESCO Markets for Energy Efficiency

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collection.link.261
https://openknowledge.worldbank.org/handle/10986/17135
collection.name.261
Live Wire
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.date.lastModified
2017-12-14T05:40:10Z
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.uri
http://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
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.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b0841fa51a_1_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)

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