On July 28th, the US-China Energy Performance Contracting (EPC) Workshop, co-hosted by US-China Energy Cooperation Program (ECP) and ESCO Committee of China Energy Conservation Association (EMCA), was successfully held in China Hall of Science and Technology, Beijing. The EPC workshop attracted more than 90 people from US and China governments, enterprises, research institutes and laboratories . Ms. Verinda Fike from US Trade and Development Agency (USTDA), Mr. Jinghao Jiang from National Development and Reform Commission (NDRC), and Ms. Heather Bell from US Department of Energy (USDOE) attended the workshop and made the opening remarks. 8 US companies sent representatives to attend the workshop, including Johnson Control, United Technologies, Honeywell, Birtley, Cummins, GE, NuCloud, and the Hartford Steam Boiler Insurance Co..
The purpose of this workshop is to further support the government-led Energy Performance Contracting (EPC) initiative which is one of the five initiatives under the US-China Climate Change working group. The EPC initiative was officially announced in July 2013 during the SE&D. The US Department of State and Department of Energy and NDRC announced and launched the US China EPC initiative under the Climate Change working group energy efficiency agenda.
We hope to develop the highest quality (and quantity) potential EPC pilot projects, share recent case studies and discuss innovative models for EPC development in China and the US, including policy, M&V standards, financing and pilot projects. Meanwhile, we will encourage “matchmaking” between China and US companies and solicit advice on improving the potential project proposals through the workshop and the project referral and selection process.
There are three sessions covered during the workshop: keynote speeches, panel dialogues, and project/showcase sharing. During keynote presentations, Mr. Clay Nesler, Vice President of Corporate Sustainability of Johnson Control and Ms. Zhu Lin, Secretary General of EMCA shared EPC experience in both US and China; Mr. Zhang Dianjun, Operations Officer of IFC of World Bank Group introduced IFC’s CHUEE program and how it promotes EPC. During panels, entrepreneurs and experts from US and China discussed the innovations of EPC models and EPC financing. Panelists mentioned that China EPC market could transfer from saving-share model to saving-guaranteed model by learning experience from US EPC market; China energy service industry should set up standardized measurement and verification to promote the development of Chinese EPC market. Some panelists pointed out some innovative financing methods, such as introducing third-party financing, financial leasing, crowd financing, etc. In the afternoon session, entrepreneurs from US and China showcased actual EPC projects to introduce the model, technology and financing of current Chinese energy service market.
ECP and EMCA, the co-leads for this EPC initiative, and all participated audiences expressed their expectation and interest to further support the growth of Chinese EPC market. ECP and EMCA will continue to organize more activities to promote US-China cooperation on EPC and to build a better platform for Chinese energy service companies to grow.