The energy services market in Europe is still relatively small compared to the US. The European Union has taken legislative measures to foster the development of ESCOs (Energy Service Companies) and their industries, such as providing incentives for investments and encouraging energy efficiency projects. Recent trends suggest that the ESCO market is growing, with an increasing number of companies offering energy services.
The H2020 project streamSAVE supports countries in developing savings estimations under Art.3 and Art.7 of the Energy Efficiency Directive EED. One of the outputs definitely worth a check is the Guidance on Standardized saving methodologies (energy, CO2, and costs) for in total 10 prioritized energy savings actions.
Over 100 participants tuned in to this webinar to hear about the Guidance and the energy savings actions that deserve a more prominent role in energy services contracts, such as the replacement of old and inefficient electric motors in industry. Participants learned that the average industrial motor remains in operation much longer than its anticipated lifetime and about how ESCOs can help accelerate their timely replacement. Speakers elaborated on the status of the ESCO market, and shed light on the role of streamlined energy savings calculations to foster this market and its industries.
- Introduction to streamSAVE by the Project Coordinator (Nele Renders, VITO/EnergyVille)
- ESCOs and Energy Performance Contracts in the EU – Views from the EU Commission (Margot Pinault, DG ENER)
- The streamSAVE guidance and its platform illustrated: Streamlined energy savings calculations for small scale heat pumps (João Fong, ISR)
- A view from industry: Can ESCOs save the energy crisis? (Rüdiger Lohse, The Global ESCO Network)
- A country perspective: Spain (IDAE – TBC)
- Panel discussion and Q&A with the audience (Moderator: Nele Renders)
- Conclusions and wrap-up (Nele Renders)