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 | ||
EPC MARKET |
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: https://dre.pt/application/dir/pdf2sdip/2013/02/025000000/0551605530.pdf ─ 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): |