Energy service contract as a special form of energy efficiency

Petro Mykytyuk, Nataliya Galysh


Introduction. One of the central problems of business organization at all stages of the history of civilization is the problem of resource and financial support. Absolutely typical even for large and stable companies can be considered a situation when they feel lack of funding for the implementation of a particular investment program, for example, in the field of construction, technical re-equipment, etc.

The development of the energy services market in Ukraine is constrained by objective reasons, which are equally characteristic of other countries in which these services have become widespread or are just being implemented. The reasons for that are imperfect legislation, lack of the necessary methodology, high financial and political risks. As the experience of other countries shows, it may take from 3 to 5 years for the energy services market to function properly. During this period, the necessary changes have been made to the legislation, the methodology of measuring and verifying energy saving resources, selection and evaluation of energy service projects  have been developed and improved, institutes of development and financial support of energy service companies have been created, available banking products have been appear. Therefore, it is safe to say that the development of energy services in Ukraine is still subject to general trends.

Objective. Definition of types of performance contracts, their characteristics. Specification of conditions for the implementation of energy service contracts in the market of these services.

Method (methodology). The methodological basis of the study were the theoretical provisions on the functioning of the energy market.

Results. The main conditions of performance contracts have been determined, which allow to distinguish energy service companies among a number of organizations and firms engaged in energy audit. Conditions that are advantages that the energy service provides in comparison with the contract or economic way of carrying out energy saving measures.


performance contract; typical conditions of performance contract; energy service; energy service companies

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Science Works Journal "Ekonomichnyy analiz"

ISSN 1993-0259 (Print)  ISSN 2219-4649 (Online) DOI: 10.35774/econa

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