Buildings are responsible for 40% of the energy consumption and 36% of the European Union’s (EU) CO2 emissions. Therefore, energy efficiency of buildings is crucial to achieving the EU objectives, namely the reduction of Greenhouse Gas emissions (GHG) by 80‐95% by 2050 compared to 1990 levels.
For this to happen, the European energy services market needs to be strengthened. In this context, the European Association of Energy Service Companies (eu.ESCO) was founded in 2009 by the European Building Automation and Controls Association (eu.bac) and aims at boosting the energy services market by increasing its transparency and its trustworthiness.
Uncertainty, lack of knowledge, lack of awareness, and confusion concerning definitions, processes and contract provisions related to Energy Services Companies (ESCOs) and Energy Performance Contracting (EPC) are widely recognised as key barriers to further market development, according to research made by the Institute for Building Efficiency (IBE).
In this sense, eu.ESCO provides best practices and knowledge sharing to drive standardisation and to accelerate EPC use.
eu.ESCO’s Vision is: “A world where Energy Performance Contracting is recognised by public authorities as one of the key tools for energy efficiency in buildings”
eu.ESCO’s Mission is: “To represent Energy Service Companies offering Energy Performance Contracting vis‐à‐vis European Institutions, other relevant European Stakeholders, Member States and public authorities”
- Providing education, best practices sharing and knowledge transfer on ESCOs and EPC
- Boosting the energy services market by increasing its transparency: information updates on ESCOs and their offerings, guarantee the quality of their services, etc.
- Making energy services accessible and understandable by disseminating examples and case studies
- Increasing customers’ confidence in ESCOs
- Raising awareness on EPC potential, knowledge and usage
- Facilitating interaction between ESCOs, policy‐makers and key stakeholders
- Energy Performance of Buildings Directive, EPBD (Directive 2010/31/EU)
- Public Procurement, PP (Directive 2004/18/EC)
- Eco-design of Energy-Related Products, EuP (Directive 2009/125/EC)
- Directive on energy efficiency, EED (Directive 2012/27/EU)
While using the building standard procedures to determine the EPC potential – developed by the European Building Automation Controls Association (eu.bac) – EPC allows to fulfill both national legislations as well as European legislations (Directives and Regulations) on energy savings and enables public authorities to achieve a sustainable development and their environment goals.