Energy Performance Contracting Plus (EPC+)
European Commission, Horizon 2020
March 2015 - February 2018
CRES, Greece (Coordinator); Arbeitsgemeinschaft ASEW c/o VKU, Germany; Factor4, Belgium; GEA, Austria; E7, Austria; TEA, Ireland; ESCAN, Spain; ISR, Portugal; ESCOITALIA, Italy; SEVEn, Czech Republic; JSI, Slovenia; HELESCO, Greece; BSERC, Bulgaria
Energy Performance Contracting (EPC) is generally looked upon favourably, but its implementation can be complicated and lengthy. The reason lies mainly in the procurement law provisions and the long-term and complex contracts, which impede a real breakthrough in the spread of the EPC methodology. The other main barriers for the implementation of EPC in SMEs are:
- Too high transaction costs for procuring energy services;
- Too small investments and project sizes;
- Too difficult to obtain financing for such small projects;
- High costs for guarantees, measurement and verification procedures.
The ultimate goal of the EPC+ project is to reduce transaction costs of energy service packages drastically so that smaller investments and projects in SMEs become possible for companies offering energy services. This can only happen if both the technical solutions as well as the contrctual issues of energy services are highly standardized. The energy services offered can be either partly or wholly financed with innovative financing solutions, or may be more service-oriented solutions with guaranteed energy performances. The major outputs of the project will be:
- Development of commercial, standardized energy service packages for SMEs in each participating country.
- Implementation of pilot projects for the EPC+ packages in each country;
- Set-up and management of clusters of companies (SPINS) in each country;
- Training of these clusters of companies;
- Development of an international e-market for energy service providers.