A new Leaderboard Report from Navigant Research examines the strategy and execution of 14 energy services companies, with Schneider Electric, Siemens, and Ameresco in the lead.
Through the use of energy performance contract (EPC) or energy savings performance contract (ESPC) financing structures, energy services companies have been instrumental in providing access to energy efficiency technologies and services in market segments that would not normally be able to consider or afford capital-intensive projects.
Experience and brand presence in this market can provide a significant competitive advantage, as well as high levels of competency and resources available to provide adequate, consistent, and guaranteed services over long-term project horizons.
“The highest ranking energy services companies are evolving their offerings with new smart building technologies and a larger and more on-going services presence,” says Tom Machinchick, principal research analyst with Navigant Research.
“Additionally, these companies are acting on deeply insightful information, reducing project risk, and including a diverse array of project components that satisfy needs throughout an organisation.”
Energy services companies are realising the growing value of digital intelligence as the volume of data coming from buildings is used to create new and unique sources of information that add value before, during, and after an EPC project, according to the report.
The amount of data captured from existing and new projects has allowed energy services companies (ESCOs) to develop sophisticated statistical models for determining project risk and return profiles, which help stakeholders understand building performance and end-use customer operational, maintenance, and comfort issues.
The report, Navigant Research Leaderboard: ESCOs, examines the strategy and execution of 14 leading ESCOs with the experience and capacity to provide a diverse level of performance contracting projects across a broad base of client market segments.
Health care and energy service companies call for support
This follows news earlier this week that a group of Ohio healthcare providers and advanced energy companies released a letter calling on lawmakers to support a “comprehensive approach to Ohio’s energy policy” and the value of ” innovative technologies that institute energy efficiency and demand response as a resource and expand the deployment of advanced energy technologies that curb energy costs to consumers.”
Advanced energy business leaders signing the letter include executives from First Solar, Apex Clean Energy, Siemens, and Melink Corp along with a number of medical facilities, including Cleveland Clinic, the Ohio Hospital Association Energy and Sustainability Programme, and CEOs of Mercy Health, Mount Carmel Health System, and Tri-Health.
“Keeping our healthcare facilities operating without interruption during unplanned outages is critical to protecting all Ohioans,” said Rick Sites, regulatory counsel for the Ohio Hospital Association’s Energy and Sustainability Lead.
“As such, we are seeing hospitals increasingly interested in powering their facilities with advanced energy technologies. These technologies also reduce operating costs, improve health outcomes, and fulfill hospital commitments to the communities they serve.”
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