The Industrial Motors Energy Efficiency Programme aims to focus on Energy Service Companies’ (ESCO) market transformation by identifying challenges in the ESCO assessment, specifically: lack of an enforceable contractual framework, lack of M&V frameworks and expertise, and lack of access to finance for ESCOs.
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The project works on achieving these outputs
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Contractual framework for energy performance contracting (ESCO business models) developed
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M&V tools established and made available to ESCOs, M&V providers and industry
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ESCO businesses developed and established
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Revolving fund to offer project-based financing packages for system optimization EPC projects introduced