2010 Volume 39 Issue 8 Pages 450-457
The commercial sector's greenhouse gas emissions are increasing, and gas cogeneration is a practical solution that can be applied to combat global warming. Energy service providers have wide market coverage in Western countries, but only appeared in Japan in the early 2000's as a new business, due to deregulation in the power market. The energy service providers install energy supply equipment (at their own cost) and supply the necessary energy to their clients, all the while managing the many project risks directly linked to the profits. In this paper, we analyze financial risk and detail measures that can be taken to manage the energy service projects, using case studies of a commercial building, a city hotel and a hospital.
