Skip to content

Press release -

Report on Experiences with ESCO contracting in Denmark and abroad prepared for the Danish Energy Agency by Rambøll

Energy renovation is usually associated with high initial costs and long term savings. A method of financing energy renovation projects is through an Energy Service Company (ESCO). An ESCO guarantees energy savings or future delivery of corresponding energy services at a lower price. Here the risks are transferred to the ESCO which has great knowledge about concrete improvements, subsequent energy savings as well as the associated risks. The report Experiences with ESCO contracting in Denmark and abroad by Rambøll summarizes the experiences from the ESCO model in Denmark and China.

The ESCO model is one of many approaches to energy renovation and there is about ten years of experience with the model in Denmark. The initial experiences with the ESCO model are positive and it represents a growing market. However, preparing efficient and simple guarantee models has proven challenging.

The report recommends further development of procedures for collaboration on verification, performance measurement and follow-up. A need for clear and practical examples of daily collaboration is identified. It is further recommended to involve stakeholders to discuss what is required to develop the market. 


Experiences with ESCO contracting in Denmark and abroad

Steffen Nielsen
Specialkonsulent
Center for Global Rådgivning og Forhandling
Tlf.: 33 92 66 96
srn@ens.dk

Subjects


The Danish Energy Agency is responsible for tasks linked to energy production, supply and consumption, as well as Danish efforts to reduce carbon emissions. The Agency is also responsible for supporting the economical optimisation of utilities that in addition to energy includes water, waste and telecommunication.

We are also responsible for user conditions, supply obligation and telecommunication statistics, as well as water supply and waste management.

The Danish Energy Agency was established in 1976, and is an agency under the Ministry of Climate, Energy and Utilities.

Press contacts

Ture Falbe-Hansen

Ture Falbe-Hansen

Press contact Head of Media Relations Danish Energy Agency +45 25 13 78 46
Morten Christensen

Morten Christensen

Press contact Team Leader Danish Energy Agency +45 3392 6858

Welcome to Danish Energy Agency!

The work of the Danish Energy Agency involves matters relating to energy supply and consumption, as well as Danish efforts to reduce carbon emissions. The Agency is also responsible for Danish building policy and promotes more sustainable building with regard to energy consumption, use of materials and economic issues.

The Agency is responsible for the entire chain of tasks linked to energy production and supply, transportation and consumption, including energy efficiency and savings as well as Danish national CO2 targets and initiatives to limit emissions of greenhouse gasses. The Agency supports building-policy initiatives to increase the productivity and quality of building as well as the operation and maintenance of buildings, with focus on sustainable building. The Agency also collaborates with the building sector to establish a good framework for the industry.

The Danish Energy Agency was established in 1976, and is an agency under the Ministry of Climate, Energy and Utilities.

Danish Energy Agency
Carsten Niebuhrs Gade 43
1577 Copenhagen V
Denmark