DOI: 10.1016/j.enpol.2019.111208
论文题名: Linkages between policy and business innovation in the development of China's energy performance contracting market
作者: Zhou Y. ; Evans M. ; Yu S. ; Sun X. ; Wang J.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 140 语种: 英语
中文关键词: 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
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 Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167639
Appears in Collections: 气候变化与战略
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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
Recommended Citation:
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]. Energy Policy,2020-01-01,140