University of Sussex
Browse
1-s2.0-S0301421516304669-main.pdf (415.16 kB)

Catalysing the energy service market: the role of intermediaries

Download (415.16 kB)
journal contribution
posted on 2023-06-09, 02:57 authored by Colin Nolden, Steven SorrellSteven Sorrell, Friedemann Polzin
The UK market for energy service contracts is expanding, owing in part to the emergence of intermediaries for those contracts in different parts of the public sector. These intermediaries combine a legal framework for establishing contracts with an organisational framework that facilitates contract negotiation and execution. This paper examines the nature and operation of these intermediaries in more detail, including their achievements to date and their similarities and differences. It uses ideas from transaction cost economics to develop a theoretical model of the contracting decision and shows how intermediary organisations can lower the transaction costs incurred by both clients and contractors, thereby increasing the viability of contracting. The paper argues that intermediaries can play an important role in expanding the market for energy service contracts, and hence in delivering cost-effective energy efficiency improvements throughout the public sector.

History

Publication status

  • Published

File Version

  • Published version

Journal

Energy Policy

ISSN

0301-4215

Publisher

Elsevier

Volume

98

Page range

420-430

Department affiliated with

  • SPRU - Science Policy Research Unit Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2016-09-19

First Open Access (FOA) Date

2016-09-19

First Compliant Deposit (FCD) Date

2016-09-19

Usage metrics

    University of Sussex (Publications)

    Categories

    No categories selected

    Licence

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC