|TYPES OF EPC CONTRACT AND EPC MARKET IN THE SOUTHERN EUROPEAN COUNTRIES|
|EPC CONTRACTS||GUARANTEED SAVINGS|
The EPC contract is an important tool used in the sector of public buildings but is difficult to carry out for a series of administrative or legal barriers. Thus, for example, the item devoted to investment in energy-savings technologies in the budget of the public sector is different from the one devoted to the energy maintenance and equipment supply. This division into two different areas entails difficulties at the time of choosing new equipments with energy efficiency criteria, since only the economic investment is taken into account, without connecting it to its energy bill and maintenance along the lifetime of the plant. In Spain there are some major EPC contracts already signed between municipalities and ESCO:
EPCs are constantly evolving because there is an incipient market in Spain. Offered services are increasing and the financial models are tuning more flexible.
Spanish ESCOs currently offer the following energy services:
• Engineering viability studies, energy audits
• Design projects
• Purchasing, installation and reception of equipment
• Energy supply
• Systems and water management
• Risk management
• Maintenance and operation of equipments
• Monitoring of the consumption
• Managment of the energy information
• Formation and consciousness-raising services
• Quality air services
• Measuring and verification of the real energy savings
• Guarantee of energy services and effcieincy of the installed equipments
Energy supply companies sometimes act as ESCOs by means of partnerships created with private companies, spacially in hospitals and industry.
Some years ago the market was dominated by foreign companies. Nevertheless, in the last five years the number of national companies is fastly increasing. These companies have different origins: equipment manufacturers, engineering companies, energy suppliers.
There is no exact definition of ESCO in Spain, therefore the market is not clearly defined. Most of the Spanish ESCOs do not offer energy services as their unique business.