Study on Financing of Energy Service Companies by Creating Specialized Compensation Fund using Forms of Funding and the Provisions to Cover the Risks Involved
Study on Financing of Energy Service Companies by Creating Specialized Compensation Fund using Forms of Funding and the Provisions to Cover the Risks Involved
Author(s): Andrey Sergeevich Nechaev, Tatyana Igorevna ZiminaSubject(s): Business Economy / Management, Energy and Environmental Studies, Present Times (2010 - today), Law on Economics
Published by: Reprograph
Keywords: energy service contracts; energy service companies; specialized Compensation Fund; forms of financing; the system realization of energy service contracts; risk groups;
Summary/Abstract: The main proposals from energy service companies (ESCOs) in the market are to be declared as savings of energy and money through the development and introduction of highly efficient technologies and continuous services for operation and maintenance. However, in the world one of the important components of the success and growth of the ESCO industry is the ability to organize and recruit for their projects financing from the private sector at market rates. This is an important point, to which you should pay particular attention when deciding on participation in energy service project. The principal form of energy contracts used in the world practice, presented stages of energy service contracts, identified obstacles and risks at each stage of the implementation of an energy service contract and possible reserves to cover them. The possibility of attracting financial and government organizations using different forms of financing becomes more obviously. The main differences between energy service contracts from other types of financing energy efficiency measures.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: X/2015
- Issue No: 35
- Page Range: 693-696
- Page Count: 4
- Language: English