Energy services with guaranteed savings: the successful formula for efficient street lighting

The majority of European regions have still not seen significant development of energy performance contracting or EPC. This type of contract can provide a very good solution for the renovation of street lighting, as it offers the best conditions in cases that have high potential for making economic and energy savings. Legal barriers aside, the failure to see wider deployment of EPC street lighting projects can be attributed to the lack of knowledge of and confidence in this type of services on the part of some public institutions, thus impeding the development of this market. Street lighting offers particularly favourable conditions, due its lower economic and technical complexity. Moreover, the introduction into the market of LED technology for public street lighting, offers a high level of energy and economic saving, with relatively short ROI periods. The Streetlight-EPC project aims to promote the offer and demand of this type of projects in nine European countries.

Streetlight-EPC can benefit city halls by providing them with information regarding the best solutions available for street lighting with advanced control LED systems. These include how to perform an analysis of the current situation and the economic savings that can be achieved; legal aspects and elements relating to ESCOs contracts; how to obtain funding from the main financial entities interested; as well as providing references regarding recent experiences in other urban centres.

The project team includes nine organisations that are experts in EPC, nine municipalities throughout Europe and a European network. The project started on 1 April 2014 and will run until 31 March 2017.Read more…

Article published in: FuturENERGY July-August 2016