Energy Saving – EaaS
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Energy Savings – EaaS
Energy-as-a-Service: A Business Model for Expanding Deployment of Low-Carbon Technologies
An exploration of how the Energy-as-a-Service model has benefited consumers by promoting advanced technology and its potential for expanding the deployment of low-carbon technologies.
Energy-as-a-service (EaaS) is a business model whereby customers pay for an energy service without having to make any upfront capital investment.
Low-carbon energy technologies exist but have faced barriers to widespread adoption.
The Energy as a Service business model shifts ownership of energy-related assets from the customer to the supplier. It works by turning traditional business models on its head. In a traditional transaction, customers buy products, after which there may be contracts offering the buyers the possibility to purchase warranties and/or additional services.
- Flexibility Solutions
- Flexibility Solutions
- Transforming energy from a cost into an opportunity
In the Energy as a Service model, customers pay for an energy service without having to make any upfront capital investments. Suppliers offer access to electrical devices and services in exchange for a periodical fee.
The shift to the Energy as a Service model is being encouraged by four prevalent trends: decarbonization, electrification, urbanization, and digitalization. This model, in fact, is a solution that – thanks to its integration of smart technologies – promotes the adoption of advanced, low-carbon technologies.
What are the benefits of Energy as a Service?
- Reduced costs
- Improved operational quality
- Greater financial and environmental sustainability
- Improved risk management
- Increased transparency.
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