BIG BUCKS IN EFFICIENCY SERVICES

Energy Service Company Market Overview; Expanding ESCO Opportunities in the United States and Europe

2Q 2015 (Navigant Research)

“The energy service company (ESCO) industry in the United States follows a modest revenue growth trajectory generated by the business of implementing comprehensive facility upgrades…Long-term market expansion is expected to arise from new business in the private sector and through the development of opportunities in markets outside of the United States…The private sector represents a significant volume of market potential…A new wave of companies is opening the door to commercial sector energy efficiency with business models that help private sector customers overcome the upfront capital hurdle…Europe is expected to be the first key international market for the largest U.S. ESCOs…[A] tipping point is nearing and momentum is expected [in developing markets outside the United States] in the mid- and long-term. According to Navigant Research, the U.S. ESCO market is expected grow from $6.3 billion in 2015 to $11.5 billion in 2024, while ESCO revenue in Europe is projected to grow from $2.7 billion to $3.1 billion…” click here for more

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