|TYPES OF EPC CONTRACT AND EPC MARKET IN THE SOUTHERN EUROPEAN COUNTRIES|
|SUMMARY OF THE EPC CONTRACT MOSTLY USED IN THE CERTUS PROJECT PARTNERS COUNTRIES|
|TYPE OF EPC CONTRACT||ITALY||PORTUGAL||GREECE||SPAIN|
|GARANTEED SAVINGS (1)||X||X||X||X|
|FIRST IN (1)||X|
|FIRST OUT (1)||X|
|SHARED SAVINGS) (1)||X||X||X||X|
|BUILD-OWN-OPERATE & TRANSFER (BOOT) (1)||X||X|
The EPC contract is considered a key tool for achieving the goals of efficiency, especially for the public administration at a time of financial crises; however these standards were implemented by member states with measures of limited effectiveness that has not in fact facilitated the use.
The EPC contract essentially is a tool that involves all parties to achieve a single objective which is the energy savings, through a fair distribution of the savings, the technical and financial risks and investments. Therefore it is a very flexible contract that can be adjusted among the parties (customer/ESCo/Third funding).
─ In Greece two models of contract has been published: Garanteed Savings and Shared Savings but for both of them there is no obligation to use for the public sector.
─ In Portugal a model contract for the public administration, similar to the Shared Savings, has been published: the ESCO assumes all risks associated with the project and the Public Administration has a share of the guaranteed savings. This model is available to the link:
─ In Italy, only the “Energy Service Plus” contract has been published: this contract applies only to interventions for thermal energy saving, where the ESCo finances the measures, manages facilities, supplies the primary energy and a reduction of at least 10% of energy consumption has guaranteed to the customer. There is no obligation to use for the public sector. This model is available to the following link (in Italian):
─ In Spain, IDEA, a government institute related to energy efficiency, has drafted an agreement model for energy services including maintenance for public buildings. This model is available to the following link (in Spanish):