Energy Performance Contracting and Application in Energy Conservation of Industrial Boilers

Abstract

Development of energy performance contracting (EPC) was introduced in this paper. The basic models generally include energy conservation benefit payment, energy conservation benefit sharing, and energy conservation amount guarantee, etc. The essence of EPC is that energy service companies (ESCO) share the energy conservation benefits with customers. Recent progress on the critical success factors of EPC projects and the analysis methods was briefly introduced. Taking the pulverized coal industrial boiler as an example, application of EPC in energy conservation of industrial boilers was described.