<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>With the development of China’s economy, the total area of public buildings is continuously increasing, and higher energy consumption in this field is gradually becoming prominent. In order to improve this situation, China has been working on energy savings in public buildings since 2007. Energy-saving models and energy policies have become the lifeline of sustainable energy development. Furthermore, the energy-saving renovation of public buildings, as a key project, has attracted the attention of governments and scholars. In the report of the 18th National Congress of the Communist Party of China, energy conservation and emission reduction were given a prominent place. The 13th Five-Year Plan (2016-2020) aims to further promote China’s energy conservation work. On the one hand, administrative and legal measures should be taken to strengthen energy conservation. On the other hand, it is necessary to speed up the establishment of a long-term market-based energy-saving mechanism and to rely on market forces to remove various obstacles to energy conservation. Energy performance contracting (EPC) is a practical and effective method applied in energy conservation. Therefore, this research aims to put forward a relatively perfect energy-saving risk management system for EPC public building projects based on analysis of the factors influencing investment risks of energy-saving projects and the use of quantifiable risk management models, thus providing some theoretical support for the risk decision-making of energy service companies.</p>
</abstract>

With the development of China’s economy, the total area of public buildings is continuously increasing, and higher energy consumption in this field is gradually becoming prominent. In order to improve this situation, China has been working on energy savings in public buildings since 2007. Energy-saving models and energy policies have become the lifeline of sustainable energy development. Furthermore, the energy-saving renovation of public buildings, as a key project, has attracted the attention of governments and scholars. In the report of the 18th National Congress of the Communist Party of China, energy conservation and emission reduction were given a prominent place. The 13th Five-Year Plan (2016-2020) aims to further promote China’s energy conservation work. On the one hand, administrative and legal measures should be taken to strengthen energy conservation. On the other hand, it is necessary to speed up the establishment of a long-term market-based energy-saving mechanism and to rely on market forces to remove various obstacles to energy conservation. Energy performance contracting (EPC) is a practical and effective method applied in energy conservation. Therefore, this research aims to put forward a relatively perfect energy-saving risk management system for EPC public building projects based on analysis of the factors influencing investment risks of energy-saving projects and the use of quantifiable risk management models, thus providing some theoretical support for the risk decision-making of energy service companies.

Application and risk assessment of the energy performance contracting model in energy conservation of public buildings

Applied Mathematics and Nonlinear Sciences

This work is licensed under the Creative Commons Attribution 4.0 International License.

With the development of China’s economy, the total area of public buildings is continuously increasing, and higher energy consumption in this field is...

Application and risk assessment of the energy performance contracting model in energy conservation of public buildings

Published Online: Oct 18, 2021

Page range: 167 - 176

Received: Feb 08, 2021

Accepted: Apr 25, 2021

DOI: https://doi.org/10.2478/amns.2021.2.00034

Keywords
energy performance contracting (EPC), public buildings, risk assessment, energy conservation

© 2023 Hongyan Li, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Application and risk assessment of the energy performance contracting model in energy conservation of public buildings

Published Online: Oct 18, 2021

Page range: 167 - 176

Received: Feb 08, 2021

Accepted: Apr 25, 2021

DOI: https://doi.org/10.2478/amns.2021.2.00034

Keywordsenergy performance contracting (EPC), public buildings, risk assessment, energy conservation

© 2023 Hongyan Li, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
energy performance contracting (EPC), public buildings, risk assessment, energy conservation