| The shortage of energy becomes an overwhelming problem of the world economics development. When it comes to China, the high ratio development is in expense of high energy usage. Nowadays, the tight stage of electricity and oil has alarmed the clock of energy safety. For the continuous and healthy economics development, a strategy has been put forward: "develop new energy and save existing, focus on saving". A new saving energy system (Energy Performance Contracts) has developed expeditiously in developed countries. It runs in this way: first, set up an energy saving company .then, the company can provide services such as energy audit,energy saving scheme design,investment or financing,procurement of materials,construction and supervision of energy saving quantity. To reduce risk, EMC or ESCO signs a series of contracts with interest-related bodies. After the success running of the project, the revenue can be shared among them. Up to now, this system has proved successful in America ,European countries as well as Brazil. To improve energy efficiency, it is essential to import this system. However, popularizing it encounters obstacles like Financing,information spread,indifferent notion to energy saving. Among them, Financing is the most obvious question. World Bank and GEF have furnished some donation to build up 3 EMCs in China. In the meanwhile, energy saving guarantee fund comes into existence. All these have paved the way of EPC in China. Facing the enormous fund demand, these money is an utterly inadequate method in dealing with a severe situation. Under this background, the author puts up forward financing model of EPC in China. The study of the financing model of EPC in China is in order to break bottle-neck of funds and realize diversified fund resources. Former EMCs obtain fund from internal support and foreign donation. Designing new models is to make full use of disengaged fund,attract more fund bodies and optimize fund combination. EPC has a phase of experience abroad. Some financing can be directly introduced, some needs modification in view of the situation of China. Many energy saving projects have considerable revenue expectation. However, lack of fund fuels customer and EMC to give it up. The causes of the phenomenon involve indifferent notion of energy saving,the probability of gaining loans and the credit of EMC.Study foreign financing models of EPC and analysis of applicability of common financing fashions to EPC in China set up the base of design. After the cooperation of government,finance institutions,EMC and energy saving body, the financing problem can melt as a result of scientific and efficient financing models. This essay which follows a prudent logical structure is consisted of 5 parts:Chapter 1 "exordium" goes in a road like this: background introduction,Development of EPC home and abroad,the elicit of study question and the study object and approaches which the essay adopts. In this part, the author introduces the significance of study financing models of EPC in China, which is the basement of the whole essay. Chapter 2"the analysis of financing models of EPC abroad" draws the experience of EPC financing models of America and Brazil for reference. The ESCOs of these 2 countries develop well and the running models are comparatively mature. In light of these, some suggestion are given. Through comparison of the guaranteed saving structure financing model with the shared saving structure financing model, we can have an impression that the former has some preference and is more often used. EPC financing models in Brazil contains super ESCO model,guaranteed fund model,SPE model. These models have not been used in China, the remarkable characteristic lies in the breakthrough of internal fund framework. Having fussed over the experience, the author draws conclusions that the EPC in China should go a smooth and systematic way. Moreover, realization of financing body diversification is of importance. The approach is extending the mind to the capital m... |
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