• DocumentCode
    2192150
  • Title

    Financing models of energy performance contracting projects

  • Author

    Shang Tiancheng ; Luo Yuntao ; Liu Peihong ; Gao Junqing

  • Author_Institution
    Sch. of Economic & Manage., Tianjin Univ., Tianjin, China
  • fYear
    2011
  • fDate
    25-26 May 2011
  • Firstpage
    1
  • Lastpage
    5
  • Abstract
    Financing problem has always been the key factor of restricting the development of energy performance contracting projects in China. With the advent of the worldwide low-carbon economic age, the trading system and market of carbon emission reduction have become mature gradually. The emission quotas have become intangible goods with economic value. Most energy performance contracting projects can reach the desired effect of carbon emission reduction. According to the effect of EPC projects, using the saving emission quotas, we develop a new financing model of energy performance contracting based on existing shared saving financing models, and give corresponding limited conditions and application suggestions. Although this model needs further improvement and market testing, it broadens the financing channels and provides a new idea to solve the financing problems of energy performance contracting.
  • Keywords
    air pollution control; contracts; environmental economics; investment; power markets; carbon emission reduction; energy performance contracting projects; financing models; investment; low-carbon economic age; market testing; performance contracting projects; trading system; Analytical models; Biological system modeling; Carbon dioxide; Companies; Contracts; Economics; Finance; ESC (EMC); carbon emission reduction trading; energy performance contracting (EPC); financing models; totals control and quotas;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Energytech, 2011 IEEE
  • Conference_Location
    Cleveland, OH
  • Print_ISBN
    978-1-4577-0777-3
  • Electronic_ISBN
    978-1-4577-0775-9
  • Type

    conf

  • DOI
    10.1109/EnergyTech.2011.5948525
  • Filename
    5948525