[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/ids/ijetpo/v16y2020i4p377-398.html
   My bibliography  Save this article

ESCO business model for energy conservation in Sri Lanka

Author

Listed:
  • Udara Ranasinghe
  • Y.G. Sandanayake
Abstract
Energy service company (ESCO) is a renowned concept in the developed world for energy conservation projects, although there is lack of suitable ESCO business model for guaranteed return and safeguard energy performance risks in energy conservation projects in Sri Lanka. This study therefore aims to investigate the gap between the existing energy service practices in Sri Lanka and ESCO concept, and to develop an ESCO business model accordingly, a comprehensive literature review and in-depth interviews with 12 subject matter experts were carried out to achieve the aim. Research findings identified ten sub-elements under four main elements, i.e., value proposition, customers, value creation and delivery and value capture, in the proposed ESCO business model. Key findings further revealed 'guaranteed saving' as the best finance model for Sri Lankan built environments. The research finally developed an ESCO business model incorporating appropriate energy service practices which will lead both ESCOs and the clients in Sri Lanka to gain the competitive edge.

Suggested Citation

  • Udara Ranasinghe & Y.G. Sandanayake, 2020. "ESCO business model for energy conservation in Sri Lanka," International Journal of Energy Technology and Policy, Inderscience Enterprises Ltd, vol. 16(4), pages 377-398.
    • Handle: RePEc:ids:ijetpo:v:16:y:2020:i:4:p:377-398
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=107964
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijetpo:v:16:y:2020:i:4:p:377-398. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=12 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.