2010 | The World Bank
Energy efficiency is as important as ever to the World Bank Group in view of universal concerns over global energy security, competitiveness and environmental protection. While energy efficiency can alleviate pressures in all the three areas, realising large-scale energy savings is a significant challenge. Questions persist on how best to identify, package and finance many small, dispersed projects in a given market. Other informational, technical, financial and behavioural; barriers remain, thwarting efforts to convince end users to reduce their energy waste. Whereas some promising g models from the developed world exist, difficulties lie in adapting them to fit the conditions and markets in the developing world. This book looks at a largely untapped energy efficiency market- the public sector. The potential for efficiency gains in the public sector is substantial, but the implementation of energy savings programme is complicated by numerous factors. This book explores energy savings performance contracts (ESPCs) as a means of overcoming some of the more difficult hurdles in promoting energy efficiency in public facilities.
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