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Energy Performance Contracts in Imperfect Markets : = A Study on Energy Efficiency Retrofits of Commercial Buildings in China.
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Energy Performance Contracts in Imperfect Markets :/
其他題名:
A Study on Energy Efficiency Retrofits of Commercial Buildings in China.
作者:
Wan, Shiyu.
面頁冊數:
1 online resource (384 pages)
附註:
Source: Dissertations Abstracts International, Volume: 85-01, Section: B.
Contained By:
Dissertations Abstracts International85-01B.
標題:
Emissions. -
電子資源:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=30610617click for full text (PQDT)
ISBN:
9798379784805
Energy Performance Contracts in Imperfect Markets : = A Study on Energy Efficiency Retrofits of Commercial Buildings in China.
Wan, Shiyu.
Energy Performance Contracts in Imperfect Markets :
A Study on Energy Efficiency Retrofits of Commercial Buildings in China. - 1 online resource (384 pages)
Source: Dissertations Abstracts International, Volume: 85-01, Section: B.
Thesis (Ph.D.)--University of Technology Sydney (Australia), 2022.
Includes bibliographical references
Energy performance contracts (EPCs) are a tested and effective mechanism to improve energy efficiency, however, they have not been widely used in the current building energy efficiency market. To establish why the market has not reacted as expected, this research examines the nature and characteristics of the EPC market and proposes an incentive mechanism to encourage the uptake of EPCs in the market of commercial building energy efficiency retrofit in China. The research formalises the economic characteristics of the imperfect EPC market from three perspectives: incomplete information, market power and externalities. It reveals the nature of the EPC market in a theoretical and holistic way. Adapting the theory of transaction costs, these market imperfections are addressed by potential policies. In the long term, policies of energy prices and carbon taxes are theoretically suitable. Strategies of information disclosure, particularly energy performance benchmarking, and reforming the existing financing system are identified as necessary for efficient markets. Subsidies and energy consumption limits are identified as useful in the short term. The research outcome shows the potential to boost the uptake of EPCs and improve the energy efficiency of commercial buildings in China.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2023
Mode of access: World Wide Web
ISBN: 9798379784805Subjects--Topical Terms:
3559499
Emissions.
Index Terms--Genre/Form:
542853
Electronic books.
Energy Performance Contracts in Imperfect Markets : = A Study on Energy Efficiency Retrofits of Commercial Buildings in China.
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Energy performance contracts (EPCs) are a tested and effective mechanism to improve energy efficiency, however, they have not been widely used in the current building energy efficiency market. To establish why the market has not reacted as expected, this research examines the nature and characteristics of the EPC market and proposes an incentive mechanism to encourage the uptake of EPCs in the market of commercial building energy efficiency retrofit in China. The research formalises the economic characteristics of the imperfect EPC market from three perspectives: incomplete information, market power and externalities. It reveals the nature of the EPC market in a theoretical and holistic way. Adapting the theory of transaction costs, these market imperfections are addressed by potential policies. In the long term, policies of energy prices and carbon taxes are theoretically suitable. Strategies of information disclosure, particularly energy performance benchmarking, and reforming the existing financing system are identified as necessary for efficient markets. Subsidies and energy consumption limits are identified as useful in the short term. The research outcome shows the potential to boost the uptake of EPCs and improve the energy efficiency of commercial buildings in China.
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