An Energy Service Company (ESCO) is a natural or legal person that delivers energy services and/or other energy efficiency improvement measures in a user's facility or premises, and accepts some degree of financial risk in so doing. The payment for the services delivered is based wholly or in part on the achievement of energy efficiency improvements and on the meeting of the other agreed performance criteria.
We have performed a market overview which shows the similarities and differences between participating countries regarding barriers and success factors for ESCOs on the market. We have collected several relevant business models developed and assessed in other EU-funded research projects and analysed their suitability for Nearly Zero-Energy Building Renovation. Deep renovation of privately owned multifamily buildings requires different business model concepts than public buildings. Country specific analyses show how conditions and challenges vary between different countries. For example, the ESCO model has been widely used in Sweden and Spain, whereas it is not very common yet in Finland, the Netherlands and Romania.
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