Opening book details…
Can I read The Economics of Energy Service Contracts on EtoBox?
The Economics of Energy Service Contracts by Steve Sorrell is a Energy article available to read on EtoBox.
What is The Economics of Energy Service Contracts about?
Energy service contracting can provide a cost-effective route to overcoming barriers to energy efficiency. Energy service contracts allow the client to reduce operating costs, transfer risk and concentrate attention on core activities. However, the energy services model may only be appropriate for a subset of energy services and energy using organisations. A challenge for both business strategy and public policy is to identify those situations in which energy service contracting is most likely to be appropriate and the conditions under which it is most likely to succeed. Energy service contracting is a form of outsourcing. It will only be chosen where the expected reduction in the production cost of supplying energy services can more than offset the transaction cost of negotiating and managing the relationship with the energy service provider. Production costs will be determined by a combination of the physical characteristics of the energy system and the technical efficiency of the relevant organisational arrangements, including economies of scale and specialisation. Transaction costs, in turn, will be determined by the complexity of the energy service, the 'specificity' of the in
Who reads The Economics of Energy Service Contracts?
It is typically read by researchers, students, and practitioners in Energy.
- Author
- Steve Sorrell
- Publisher
- Elsevier Science; Elsevier ; Elsevier Ltd.; Elsevier BV (ISSN 0301-4215)
- Published
- 2007
- Language
- EN
- Field
- Energy (Physical Sciences)