Table of Contents
- DATAMONITOR VIEW
- ANALYSIS
- As European liberalization continues apace, utilities have sought to
diversify their energy efficiency services offering
- Supra-national legislation, high energy prices and shifts in public
opinion have wrought massive opportunities in the European B2B energy
efficiency market
- The B2B energy efficiency market can be broken down into three
sectors: industrial, commercial and municipal
- In Denmark, Dong established TotalEnergi to provide industrial and
municipal energy efficiency solutions
- Nuon' s Energy Solutions Department focused on CHP technology among
business customers, providing a basis for municipal heating
- In Germany, RWE' s municipal energy efficiency service offering focused
particularly closely on brand-imaging
- GDF-Suez' s Energy Services Business is one of the largest operations
of its kind in Europe, spanning virtually all levels of industrial energy
efficiency services
- British Gas sought to raise its municipal energy efficiency profile
through a targeted remuneration scheme in schools and communities
- The defining feature of B2B ESCOs is their capacity to finance and
manage energy efficiency projects
- Siemens' performance contracting model incentivizes efficiency
projects and typifies guaranteed savings schemes
- Multilateral institutions often play a critical role in financing
energy efficiency projects by using ESCOs as an intermediary
- Whereas the B2C energy efficiency market is dominated by utilities
alone, non-utility energy service companies have a large presence in the B2B
sector
- Utilities and ESCOs have a long history of both co-operation and
competition, particularly in B2B markets
- Thanks to an aggressive M&A policy, Dalkia has assumed a strong
position in all sectors of the energy efficiency services market
- Schneider Electric' s service offering for Tesco in Thailand was
premised upon IT systems to enable effective energy management
- Enact Energy invested heavily in R&D to develop a strong offering
to the municipal energy efficiency market
- The merger between GDF and Suez has also seen their subsidiaries
united to forge one of the largest ESCOs in Europe
- Honeywell' s European energy efficiency arm, Centraline, provides
environmental control technologies to residential construction firms
- Effective financing and risk management is the key to successful energy
efficiency services, and thus market expansion depends on transparency and
stability
- ESCOs and utilities face differing challenges in the unfolding global
energy efficiency market
- APPENDIX
- Further reading
- Ask the analyst
- Datamonitor consulting
- Disclaimer
- List of Figures
- Figure 1: Energy service industry revenues by sector
- Figure 2: Nuon' s heat production by source in Holland
- Figure 3: GDF-Suez Energy Services operates in 17 EU states
- Figure 4: Sample Energy Saver' s Report
- Figure 5: Typical duration of ESCO contracts
- Figure 6: Cost reductions arising from guaranteed savings contract
- Figure 7: Commercial activity accounts for over 50% of Dalkia' s European
revenues
- Figure 8: Total number of ESCO projects in Thailand as of April 2008
- Figure 9: Enact used revenues from municipal work to invest in
commercial projects
- Figure 10: Industrial ESCO market share in Europe
- Figure 11: German building energy passport
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