气候变化领域集成服务门户(CCPortal): Linkages between policy and business innovation in the development of China's energy performance contracting market

CCPortal

DOI	10.1016/j.enpol.2019.111208
	Linkages between policy and business innovation in the development of China's energy performance contracting market
	Zhou Y.; Evans M.; Yu S.; Sun X.; Wang J.
发表日期	2020
ISSN	03014215
卷号	140
英文摘要	China has a large and growing energy performance contracting (EPC) market. In 2017, the EPC investment was 111 billion CNY, making China the largest EPC market globally. EPC has played a significant role in driving energy efficiency improvement. This paper evaluates four key factors driving the EPC market and their interactions: incentive policies, China's Five-Year Plans, and business innovations in diversifying contract models and strengthening measurement and verification (M&V). We use multiple data sources: detailed information from 21 pilot projects, industry-wide surveys, and policy information. Our study indicates that supportive policies were important for the initial market development; after introducing government incentives in 2010, ESCO employees doubled within a year and the annual total energy savings from EPC projects increased from 11 million tce in 2010 to 34 million tce in 2015. As the market was established and continued to grow, the private sector undertook the initiative to address the issues that were left out of policies. By diversifying contract models and taking robust M&V practices, EPC stakeholders were able to overcome certain market barriers and enabled the sustainable growth of the market. Future EPC policies could incorporate business innovations to ensure long-term development of China's EPC market. © 2020 Elsevier Ltd
关键词	Diverse contract model Energy performance contracting Energy reduction goal ESCO Incentive policy M&V
英文关键词	Commerce; Energy efficiency; Energy efficiency improvements; Energy performance contracting; Energy reduction; ESCO; Incentive policies; Long-term development; Measurement and verification; Multiple data sources; Investments; business development; energy efficiency; energy market; energy policy; industrial performance; innovation; market development; China
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204967
作者单位	Joint Global Change Research Institute/Pacific Northwest National Laboratory, 5825 University Research Court, Suite 3500, College Park, MD 20742, United States; ESCO Committee of the China Energy Conservation Association, China
推荐引用方式 GB/T 7714	Zhou Y.,Evans M.,Yu S.,et al. Linkages between policy and business innovation in the development of China's energy performance contracting market[J],2020,140.
APA	Zhou Y.,Evans M.,Yu S.,Sun X.,&Wang J..(2020).Linkages between policy and business innovation in the development of China's energy performance contracting market.Energy Policy,140.
MLA	Zhou Y.,et al."Linkages between policy and business innovation in the development of China's energy performance contracting market".Energy Policy 140(2020).