APEC Workshop on Sharing Best Practices in Developing ESCO Models for Energy Efficiency
| Published Date | March 2023 |
|---|---|
| Type of Publication | Proceedings |
| Publication Under | SOM Steering Committee on Economic and Technical Cooperation (SCE), Energy Working Group (EWG) |
| Accessed | 320 |
| Pages | 23 |
| Download publication | Download |
Description
The Energy Services Company (ESCO) model plays an important role in the process of implementing energy efficiency solutions. By applying the ESCO model, businesses can access green solutions, invest in new equipment and technology with the best investment costs and achieve the highest efficiency. ESCO Models are widely believed all aimed at promoting energy-saving activities in industry, supporting businesses to improve energy efficiency, reduce production costs, improve competitiveness, and meet requirements under the law.
The APEC Workshop on Sharing Best Practices in Developing ESCO Models for Energy Efficiency was held in a hybrid mode on 1 and 2 December 2022 with the objective to support APEC to move closer to its aspirational energy efficiency targets, by providing a platform for economies to share experiences and information about the ESCO model of energy efficiency and how it may be applied in APEC economies.
This summary report contains the workshop’s proceedings and recommendations.