ESCO Performance Contracting - Global ESCO Market Analysis, Size, and Forecasts: ESPC, EaaS, and Other Contracting Mechanisms

Description

List of Tables

In a rapidly evolving energy landscape, energy service companies (ESCOs) have witnessed rapid advances over the past five years, and are now expanding their scope beyond their traditional energy efficiency solutions and guaranteed savings performance contracts. To succeed in today's energy management landscape, ESCOs need diverse contracting and financial mechanisms to facilitate seamless installations and solutions for their clients. One notable trend driving this transformation is the increasing demand for onsite distributed energy resources (DER) for enhanced resilience. ESCOs recognize the importance of being prepared in the face of unpredictable grid conditions and are actively recommending and incorporating onsite energy generation and storage for their clients. Moreover, ESCOs now provide expert guidance on sustainability practices to assist their clients in achieving their sustainability goals and align with sustainable framework requirements. The concept of energy as a service (EaaS) has gained significant traction in the commercial and industrial (C&I) sector, and has allowed C&I clients to focus on their core business activities while outsourcing their energy needs. In the coming decade, the demand for ESCO services is expected to increase globally, driving market expansion, but the ESCO market continues to be confined by issues such as the current shortage of skilled laborers.

This Guidehouse Insights report provides a comprehensive analysis of the ESCO market, covering the trends, drivers, and barriers that have shaped its evolution in recent years. It includes a 10-year forecast, offering insights into the ESCO market trajectory over the forecast period.

This report's forecast methodology is based on extensive primary and secondary research. Interviews with a range of market stakeholders were conducted to collect information on market trends and inform assumptions on forecast market revenues. A bottom-up and top-down approach was used for the forecasts.

Product Code: MF-ESCO-23

1. Executive Summary

1.1 Market Overview
1.2 Market Drivers
1.3 Market Barriers
1.4 Market Forecast

2. Market Issues

2.1 ESCO Defined
2.2 ESCO Performance Contracting Mechanisms
- 2.2.1 Guaranteed Savings
- 2.2.2 Other Contracting Mechanisms
  - 2.2.2.1 EaaS
2.3 Market Trends
- 2.3.1 Sustainability Advisory Solutions
- 2.3.2 EaaS in C&I
- 2.3.3 Retrofits and Lifecycle Replacement
- 2.3.4 Renewable Energy Access and Energy Efficiency
- 2.3.5 SEC Climate Disclosure Proposal
- 2.3.6 Corporate Sustainability Reporting Directive
- 2.3.7 Clean Energy Microgrid Growth in Demand
- 2.3.8 The Inflation Reduction Act
2.4 Market Drivers
2.5 Barriers

3. Industry Value Chain

3.1 Pictorial Representation of the ESCO Performance Value Chain
3.2 Competitive Landscape
- 3.2.1 Merger and Acquisition Activities
- 3.2.2 ESCO Business Model Evolution

4. Market Forecasts

4.1 Global Overview
4.2 North America
4.3 Europe
4.4 Asia Pacific

5. Conclusions and Recommendations

5.1 Summary
5.2 Three Big Takeaways
5.3 Recommendations

6. Acronym and Abbreviation List

7. Table of Contents

8. Table of Charts and Figures

9. Scope of Study, Sources and Methodology, Notes

Product Code: MF-ESCO-23

List of Tables

ESCO Revenue by Region, World Markets: 2023-2032
ESCO Revenue by Contract Type, World Markets: 2023-2032
ESCO Revenue by Customer Type, World Markets: 2023-2032
ESCO Revenue by Equipment Type, World Markets: 2023-2032
ESCO Revenue by Contract Type, North America: 2023-2032
ESCO Revenue by Customer Type, North America: 2023-2032
ESCO Revenue by Equipment Type, North America: 2023-2032
ESCO Revenue by Country, North America: 2023-2032
ESCO Revenue by Contract Type, Europe: 2023-2032
ESCO Revenue by Customer Type, Europe: 2023-2032
ESCO Revenue by Equipment Type, Europe: 2023-2032
ESCO Revenue by Country, Europe: 2023-2032
ESCO Revenue by Contract Type, Asia Pacific: 2023-2032
ESCO Revenue by Customer Type, Asia Pacific: 2023-2032
ESCO Revenue by Equipment Type, Asia Pacific: 2023-2032
ESCO Revenue by Country, Asia Pacific: 2023-2032

List of Figures

ESCO Revenue by Region, World Markets: 2023-2032
ESCO Revenue by Contract Type, World Markets: 2023-2032
ESCO Revenue by Customer Type, World Markets: 2023-2032
ESCO Revenue by Equipment Type, World Markets: 2023-2032
ESCO Revenue by Contract Type, North America: 2023-2032
ESCO Revenue by Customer Type, North America: 2023-2032
ESCO Revenue by Contract Type, Europe: 2023-2032
ESCO Revenue by Customer Type, Europe: 2023-2032
ESCO Revenue by Contract Type, Asia Pacific: 2023-2032
ESCO Revenue by Customer Type, Asia Pacific: 2023-2032

ESCO Performance Contracting Value Chain

Sample PG&E Energy Efficiency Financing Project

Evolution of Energy Services Solution Offerings