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
Link To Document :
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