Budget-Neutral Financing to Unlock Energy Savings Potential: An Analysis of the ESCO Model in Barcelona

The document examines the ESCO model as a budget-neutral financing mechanism to bridge the 'energy efficiency gap'. It identifies significant administrative, technical, financial, and informational barriers in Spain and Barcelona, while providing a case study of a successful solar thermal installation by Sol Solar to demonstrate the model's viability in the private residential sector.

• The ESCO model functions as a 'budget neutral' financing method where a company assumes the financial risk of implementing energy efficiency measures and recovers the investment through the resulting energy cost savings.
• Spain exhibits a high dependence on foreign energy; in 2010, domestic energy production was only 25% of total consumption, significantly lower than the EU average of 47.2%.

APA

Bobbino, S., Galván, H., & González-Eguino, M. (2013). Budget-Neutral Financing to Unlock Energy Savings Potential: An Analysis of the ESCO Model in Barcelona. Basque Centre for Climate Change. https://www.bc3research.org/h6T8Uy8Nm4gFs0O/201301160946061162705343.pdf

Chicago

Bobbino, Samuel, Héctor Galván, and Mikel González-Eguino. Budget-Neutral Financing to Unlock Energy Savings Potential: An Analysis of the ESCO Model in Barcelona. Basque Centre for Climate Change, 2013. https://www.bc3research.org/h6T8Uy8Nm4gFs0O/201301160946061162705343.pdf.

Wikipedia

{{cite report |last1=Bobbino |first1=Samuel |last2=Galván |first2=Héctor |last3=González-Eguino |first3=Mikel |title=Budget-Neutral Financing to Unlock Energy Savings Potential: An Analysis of the ESCO Model in Barcelona |publisher=Basque Centre for Climate Change |date=January 2013 |url=https://www.bc3research.org/h6T8Uy8Nm4gFs0O/201301160946061162705343.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{bobbino2013budgetneutral, author = {Bobbino, Samuel and Galván, Héctor and González-Eguino, Mikel}, title = {{Budget-Neutral Financing to Unlock Energy Savings Potential: An Analysis of the ESCO Model in Barcelona}}, institution = {Basque Centre for Climate Change}, year = {2013}, month = jan, url = {https://www.bc3research.org/h6T8Uy8Nm4gFs0O/201301160946061162705343.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }