In order to unleash the energy efficiency (EE) potential and achieve the energy savings goals in buildings there is a necessity to adopt new ESCO business models. And this is what MOEEBIUS Consortium is currently working on within the project.
ESCO (energy service company) is a commercial or non-profit business providing a broad range of energy solutions including designs and implementation of energy savings projects, retrofitting, energy conservation, energy infrastructure outsourcing, power generation and energy supply, and risk management. The energy services market is envisaged as a key factor for implementing EE measures and achieving energy savings in buildings.
ESCO models were developed in the USA and afterwards brought to Europe and have been used since the 1970s. Several ESCO models are now being applied. These include energy performance contract (EPC), energy supply contract (ESC), chauffage, integrated energy contracts (IEC) and build-own-operate-transfer (BOOT).