DocumentCode
2192150
Title
Financing models of energy performance contracting projects
Author
Shang Tiancheng ; Luo Yuntao ; Liu Peihong ; Gao Junqing
Author_Institution
Sch. of Economic & Manage., Tianjin Univ., Tianjin, China
fYear
2011
fDate
25-26 May 2011
Firstpage
1
Lastpage
5
Abstract
Financing problem has always been the key factor of restricting the development of energy performance contracting projects in China. With the advent of the worldwide low-carbon economic age, the trading system and market of carbon emission reduction have become mature gradually. The emission quotas have become intangible goods with economic value. Most energy performance contracting projects can reach the desired effect of carbon emission reduction. According to the effect of EPC projects, using the saving emission quotas, we develop a new financing model of energy performance contracting based on existing shared saving financing models, and give corresponding limited conditions and application suggestions. Although this model needs further improvement and market testing, it broadens the financing channels and provides a new idea to solve the financing problems of energy performance contracting.
Keywords
air pollution control; contracts; environmental economics; investment; power markets; carbon emission reduction; energy performance contracting projects; financing models; investment; low-carbon economic age; market testing; performance contracting projects; trading system; Analytical models; Biological system modeling; Carbon dioxide; Companies; Contracts; Economics; Finance; ESC (EMC); carbon emission reduction trading; energy performance contracting (EPC); financing models; totals control and quotas;
fLanguage
English
Publisher
ieee
Conference_Titel
Energytech, 2011 IEEE
Conference_Location
Cleveland, OH
Print_ISBN
978-1-4577-0777-3
Electronic_ISBN
978-1-4577-0775-9
Type
conf
DOI
10.1109/EnergyTech.2011.5948525
Filename
5948525
Link To Document