Energy Performance Contracting Project Evaluation and B-S Model

The traditional evaluating methods such as net present value, etc, which is unable to evaluate objectively the management elastic and strategic value existing in projects while evaluating the energy saving projects, thus the real value of projects can´t be reflected. In the light of this problem, the paper provides the evaluation principle of the energy performance contracting project which based on B-S model, by analyzing the uncertainty of the energy performance contracting project; establishing its B-S evaluation model, analyzing the influence factors of option value for B-S model; discussing its accuracy.