Abstract
The implementation of energy efficiency projects has fallen far short of the potential due to a number of barriers in China. Energy performance contracting (EPC) implemented by energy service companies (ESCOs) has been recognized as an important mechanism to overcome these barriers. However, the growth of the energy efficiency industry has been slow. This paper aims to promote a number of policy initiatives to foster the development of the ESCO industry in China. Firstly, the paper reviews and analyses the development and the current status of ESCO industry in China. Further, key barriers to the development of ESCO industry in China are identifies in this paper. Based on the review and the analysis, a long-term strategy to foster the growth of a viable energy services industry in China is formulated. A set of policies that help remove market and institutional barriers to the investment in energy efficiency projects are suggested. This paper provides information to policymakers and industry participants on ESCO market development, growth and capabilities.
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© 2011 Springer-Verlag Berlin Heidelberg
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Feng, Y., Cai, K., Zhou, T. (2011). Views on the Energy Efficiency Service Industry in China. In: Jin, D., Lin, S. (eds) Advances in Computer Science, Intelligent System and Environment. Advances in Intelligent and Soft Computing, vol 105. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-23756-0_81
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DOI: https://doi.org/10.1007/978-3-642-23756-0_81
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