Energy service companies have been around for decades, working with municipalities to renovate public buildings such as schools, hospital and swimming pools in exchange for a guaranteed return on investment in the form of energy savings.
With the EU’s building renovation wave coming soon to your local town hall, has the time finally arrived for the energy services industry? In this special report, EURACTIV takes an overview of the challenges and opportunities facing the sector.
Companies offering energy performance contracts to municipalities saw only moderate growth last year, despite a renewed push at EU level to boost energy savings and building renovation.
Lack of trust and information about energy performance contracts are the most frequently cited reasons why some municipalities have become sceptical about energy service companies (ESCOs). In the future, greater standardisation should help overcome issues, says Nick Keegan.
The European Commission has recently stated its will to put the European Green Deal at the heart of the Recovery Plan. After the worldwide COVID-19 crisis, which has heavily affected the European economy, it has clearly appeared that Europe needed …