Delivering a low carbon future

Delivering a low carbon future:
Assessing energy services for a low carbon economy

Tyndall Research Theme 2 - Decarbonising Modern Societies
Project ID - T3.21

Primary contact: Steve Sorrell

The following information is available on this project:

Technical Summary

The primary objective of the project is to illuminate and explain how the energy service market operates in the industrial, commercial and public sectors and to explore its short, medium and long term potential. The specific objectives are:

* To map the size, scope and nature of the existing energy services market in the UK, and to identify the determinants of market form and market growth.
* To assess the success of existing energy service contracts in lowering costs for the host organisations, improving energy efficiency and reducing carbon emissions.
* To assess the role of transaction costs in determining contract form, market size and energy efficiency improvements and to explore how these costs are being and could be reduced.
* To examine the perceptions of risk among existing and potential participants to energy service contracts and to identify how these risks are being and could be managed.
* To develop a theoretical model of energy service contracting to help explain the size and form of the existing energy services market and to explore its future potential.
* To identify the technical, economic, organisational, contractual and policy barriers to the expansion of the energy services market and the measures that could or should be taken to overcome these barriers.
* To identify the conditions under which different sizes of energy service market could be achieved over the medium to long term.

More information:

Other organisations involved in this project are:

The Carbon Trust
Energy Savings Trust
Energy Systems Trade Association

Useful websites:

Energy Systems Trade Association
http://www.esta.org.uk/

The Energy Savings Trust
http://www.energysavingtrust.org.uk/

Project duration :

July 2003 - July 2004