Journal
ENERGY POLICY
Volume 94, Issue -, Pages 317-330Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.enpol.2016.03.049
Keywords
Energy efficiency; Servitization; Contracting; ESCo; LED; Lighting
Funding
- German Federal Ministry of Education and Research (BMBF) [066-133434/18.11.2013/072021-066/B6-csch]
- United Kingdom's Engineering and Physical Sciences Research Council (EPSRC) [EP/KO11790/1]
- EPSRC [EP/K011790/1] Funding Source: UKRI
- Engineering and Physical Sciences Research Council [EP/K011790/1] Funding Source: researchfish
Ask authors/readers for more resources
Municipalities aiming at mitigating climate change by implementing new energy efficiency technologies face budgetary and capacity constraints. Outsourcing through energy service contracting could provide a solution. This paper reports results from a survey of 1298 municipalities concerning barriers to retrofitting public street lighting and the possible role of energy service contracting to overcome these barriers. Using a logistic regression analysis, the authors investigate determinants of opting for energy service contracts in the specific context of LED retrofits. Results point to an advantage of outsourcing in a financially and capacity-constrained environment, which corresponds with the main reasons for engaging in contracting: minimising investments and financial risks. However, municipalities often do not fully grasp the risks associated with retrofitting especially using a novel technology such as LED. In relation to that they underestimate the risk reduction potential of energy performance contracts (EPC). Previous experience with outsourcing increases the probability to engage in servitization although certain existing partnerships, particularly with utilities, prevent municipalities from considering energy performance contracts. Interestingly, engaging an energy consultant has a negative propensity to use energy service contracts, while pre-negotiated standardised contracts for energy performance contracts have a positive influence. (C) 2016 The Authors. Published by Elsevier Ltd.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available