STREETLIGHT Energy Performance Contracting
Most European regions have not yet seen a significant development of energy performance contracting (EPC). Energy performance contracting can be a very good solution to make street lighting refurbishment happen: guaranteed energy services in the form of EPC work best in cases of high energy and costs savings potentials. Apart from legal barriers, this can be attributed to the lack of understanding and trust in EPC and the absence of experienced ESCOs and organisations facilitating the EPC market development. Street lighting is a good “learning and testing ground” for EPC due to its lower technical and economic complexity (compared to building-related EPC). Furthermore, the recent market introduction of LED technology for street lighting offers high energy and cost savings with comparatively short pay-back times.
The project “STREETLIGHT-EPC” will create demand and supply for EPC projects in 9 regions by setting up regional EPC facilitation services. These services will provide comprehensive support to both municipalities and SMEs as potential ESCOs. The project partners aim to implement 36 EPC street lighting projects in Ireland.
To see if you have a feasible project follow this link to the Quick Check for EPC Streetlight Project.
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