Evaluating GHG Mitigation Potential from ESPC Projects

This report explores the impact of implemented ESPC projects on the projected greenhouse gas (GHG) emissions reductions in the U.S. buildings sector, and the associated projected annual cost savings and marginal abatement costs. It is important to investigate the role that energy retrofits can play in achieving GHG emission reduction targets given the use of ESPC by public agencies to reduce emissions from energy use in addition to the historical use of ESPC to to achieve cost/energy savings and ancillary benefits (e.g., addressing deferred maintenance, aging infrastructure, etc.). The analysis draws from LBNL’s eProject Builder (ePB) database, which contains approximately 3,000 energy retrofit projects implemented by energy service companies (ESCOs), mostly energy savings performance contract (ESPC) projects. This is the first report to model GHG emission reductions from ongoing ESPC projects in the U.S public sector based on ePB project data. It is intended for policymakers, federal, state and local government officials and other potential ESPC customers, the ESCO industry, researchers, and other energy policy professionals.