Project Description
ENERGY PERFORMANCECONTRACT MODELS |
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CONTRAC TYPE |
Build-Own-Operate & Transfer (BOOT) |
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SCHEME OF THE CONTRACT |
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GENERAL INFORMATION |
CUSTOMER |
─ The customer pays the energy bill and the service provided to the ESCO─ At the end of the contract, the customer has the ownership of the property | |
ESCO |
─ The ESCO designs, builds, finances, governs the new plants and owns the property for a defined period of time (usually with Purpose companies); when the period of time established is finished, it transfers ownership to the customer (technical and credit risk)─ For the duration of the contract, receives 100% of the savings achieved | ||
BANK |
─ The Bank finances the ESCO | ||
SWOT ANALYSIS |
STRENGTHS |
─ Ideal solution for public authorities in which there is a lack of internal expertise in the planning and management of complex energy projects─ The customer can take advantage of the technical expertise of the ESCO in all phases of the project. | |
WEAKNESSES |
─ Long term contract | ||
OPPORTUNITY |
─ The ESCO follows the project during the entire life cycle─ Creation of a strong partnership between the public and private actors. | ||
THREATS |
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LEARN MORE |
http://iet.jrc.ec.europa.eu/energyefficiency/european-energy-service-companies/energy-performance-contracting |