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Study on the Factors Related to Energy Performance Contracting for Urban Residential Building and their Effects in the World

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  • Lei Wang
  • Ruyin Long
  • Hong Chen

Abstract

To reduce energy consumption and promote the application of energy performance contracting (EPC), this study uses an interpretive structural modeling (ISM) method to propose the factors for implementing EPC in urban residential building and clarify the influences of various factors. The implementation of EPC in urban residential building is the objective. Results show that the 47 factors could be classified into four levels: core theme factors, intermediate supporting factors, cross-impact factors, and grassroots driver factors. They are reflected in supply side and demand side. Risk factor has the widest range of influences. Some factors affect multiple factors at higher levels. These results help identify participants, links, tools and environmental elements in implementation, understand the roles of intermediate factors, increase the emphasis on residents’ needs, and give full play to the promotions of grassroots factors.

Suggested Citation

  • Lei Wang & Ruyin Long & Hong Chen, 2021. "Study on the Factors Related to Energy Performance Contracting for Urban Residential Building and their Effects in the World," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 57(3), pages 631-652, February.
  • Handle: RePEc:mes:emfitr:v:57:y:2021:i:3:p:631-652
    DOI: 10.1080/1540496X.2019.1578209
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