ESCO Europe will bring together over 150 representatives from ESCOs, utilities, municipalities, large energy users, energy agencies, governments and financial institutes to explore the monetization of energy efficiency projects, delivering energy savings and cost reduction.
IEA estimates that energy consumption will increase with 45% by 2030 and expects that it will cost over $26 trillion to meet the 2030 energy needs. Over half of that is going to go to simply maintaining the current infrastructure we have in place.Investment in infrastructure will lead to an increase of energy efficiency, thus a good tool for European countries to combat climate change.
Besides these network investments, over 1700 European cities have signed the Convenant of Mayors which is established in order to reach energy savings.The cities are looking to offer energy efficiency measures in especially buildings which will have huge potential.
ESCOs can play an important role in “restructuring” these buildings. The technologies are already on the market, however there are other burdens still to overcome such as restrictive public regulation, underdeveloped incentive structures, lack of knowledge and limited expertise.
There are yet enormous differences between European countries and the way the ESCO market is evolving, also lead to some sceptical sounds in the industry. Nevertheless with more Governments looking to invest in energy efficiency projects, it looks the market is slowly moving forward.
ESCO Europe 2010 we will look at the differences, but also at the enormous opportunities the market is offering. Senior industry professionals will present case studies of successful implemented ESCO projects, highlight the latest legal and regulatory issues as well discuss the increasing role of utilities in offering energy efficiency services. |