{"id":399,"date":"2025-05-08T13:45:06","date_gmt":"2025-05-08T13:45:06","guid":{"rendered":"https:\/\/eyoder.org.tr\/eng\/?p=399"},"modified":"2025-09-11T15:40:48","modified_gmt":"2025-09-11T15:40:48","slug":"international-esco-symposium-2025-celebrating-success-stories-showcase-of-esco-projects","status":"publish","type":"post","link":"https:\/\/eyoder.org.tr\/eng\/esco\/international-esco-symposium-2025-celebrating-success-stories-showcase-of-esco-projects\/","title":{"rendered":"International ESCO Symposium 2025 \u2013 Celebrating Success Stories: Showcase of ESCO Projects"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_video src=&#8221;https:\/\/www.youtube.com\/watch?v=d7Yf-x_HnPU&#038;t=1s&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_video][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Moderated by <strong>Yasemin Somuncu\u00a0<\/strong>\u00a0(Secretary General, EYODER), this final session of the symposium celebrated successful ESCO projects from around the world. The panel featured representatives from\u00a0<strong>Lumenstream (UK\/Ireland)<\/strong>,\u00a0<strong>Enerjisa (T\u00fcrkiye)<\/strong>,\u00a0<strong>Clean Energy Business Council (UAE)<\/strong>, and the\u00a0<strong>ESCO Association of Thailand<\/strong>, each sharing real-world experiences, lessons learned, and innovative models that are driving energy efficiency and sustainability.<\/p>\n<p><strong>Key Insights by Speaker<\/strong><\/p>\n<p><strong>Alistair Brown \u2013 CEO, Lumenstream (UK\/Ireland)<\/strong><\/p>\n<ul>\n<li>Founded Lumenstream in 2019 to offer\u00a0<strong>lighting-as-a-service<\/strong>\u00a0using an ESCO model.<\/li>\n<li>Faced early challenges in securing project capital due to the \u201cchicken-and-egg\u201d problem of needing a pipeline to attract financing.<\/li>\n<li>Overcame this by building a robust project pipeline and securing venture capital and infrastructure funding from Siemens, Aquila Capital, and others.<\/li>\n<li>Emphasised the importance of\u00a0<strong>data-driven KPIs<\/strong>,\u00a0<strong>automated project development<\/strong>, and\u00a0<strong>aggregation of multi-site clients<\/strong>\u00a0to scale operations.<\/li>\n<\/ul>\n<p><strong>Bahad\u0131r Kocaaslan \u2013 Enerjisa (T\u00fcrkiye)<\/strong><\/p>\n<ul>\n<li>Enerjisa operates across energy generation, distribution, and customer solutions, including <strong>ESCO and super ESCO models<\/strong>.<\/li>\n<li>Delivered large-scale projects such as:<\/li>\n<ul>\n<li>A\u00a0<strong>Guinness World Record<\/strong>\u00a0solar installation on Galatasaray Stadium.<\/li>\n<li>A\u00a0<strong>5 MW Organic Rankine Cycle (ORC)<\/strong>\u00a0waste heat recovery system.<\/li>\n<li>A\u00a0<strong>4.5 MW heat pump system<\/strong>\u00a0is saving millions in gas and emissions.<\/li>\n<\/ul>\n<li>Highlighted the importance of\u00a0<strong>customer-centric design<\/strong>,\u00a0<strong>performance guarantees<\/strong>, and\u00a0<strong>taking on technical and financial risk<\/strong>\u00a0to build trust.<\/li>\n<\/ul>\n<p><strong>Mustapha Aanzi \u2013 Clean Energy Business Council &amp; Advancing Net Zero (UAE)<\/strong><\/p>\n<ul>\n<li>Introduced the\u00a0<strong>ESCO+ model<\/strong>, blending shared savings, PPAs, and cooling-as-a-service into a single service-level agreement.<\/li>\n<li>Advocated for\u00a0<strong>contract simplification<\/strong>,\u00a0<strong>risk balancing<\/strong>, and\u00a0<strong>integration of multiple technologies<\/strong>\u00a0to meet net-zero goals.<\/li>\n<li>Emphasised the need for\u00a0<strong>ESCOs to evolve<\/strong>\u00a0and align with national and corporate decarbonization targets.<\/li>\n<\/ul>\n<p><strong>Christopher Seeley \u2013 ESCO Association of Thailand<\/strong><\/p>\n<ul>\n<li>Shared Thailand\u2019s 25-year ESCO journey, with 50 member companies and $250M in registered capital.<\/li>\n<li>Presented two case studies:<\/li>\n<ul>\n<li>A hotel group retrofit achieved 30\u201342% energy savings across multiple properties.<\/li>\n<li>A shopping mall chiller plant upgrade using\u00a0<strong>digital twin technology<\/strong>\u00a0and IPMVP-based M&amp;V.<\/li>\n<\/ul>\n<li>Highlighted the diversity of ESCO models in Thailand, including\u00a0<strong>leasing<\/strong>,\u00a0<strong>guaranteed savings<\/strong>,\u00a0<strong>cooling-as-a-service<\/strong>, and\u00a0<strong>solar PPAs<\/strong>.<\/li>\n<\/ul>\n<p><strong>Common Themes and Takeaways<\/strong><\/p>\n<ul>\n<li><strong>Aggregation<\/strong>\u00a0of projects and clients is key to scaling and attracting finance.<\/li>\n<li><strong>Blended models<\/strong>\u00a0(ESCO+, PPA, cooling-as-a-service) offer flexibility and risk-sharing.<\/li>\n<li><strong>Data, digital tools, and automation<\/strong>\u00a0are essential for scaling and improving performance.<\/li>\n<li><strong>Customer trust and education<\/strong>\u00a0are critical, especially in volatile or emerging markets.<\/li>\n<li><strong>Policy support and regulatory clarity<\/strong>\u00a0are needed to unlock long-term ESCO investment.<\/li>\n<\/ul>\n<p><strong>Conclusion<\/strong><\/p>\n<p>This session showcased how ESCOs are not only delivering measurable energy savings but also\u00a0<strong>transforming business models<\/strong>,\u00a0<strong>leveraging finance<\/strong>, and\u00a0<strong>driving innovation<\/strong>\u00a0in the clean energy transition. From lighting-as-a-service startups to national-scale super ESCOs, the stories shared demonstrated that\u00a0<strong>ESCOs can thrive<\/strong>\u00a0when they combine technical excellence, financial creativity, and customer-centric thinking.<\/p>\n<p>The panellists emphasised that the future of ESCOs lies in\u00a0<strong>collaboration<\/strong>,\u00a0<strong>standardisation<\/strong>, and\u00a0<strong>adaptability<\/strong>\u2014whether through new contract models, digital platforms, or cross-sector partnerships. As the world moves toward net-zero, ESCOs will play a pivotal role in making energy efficiency\u00a0<strong>bankable, scalable, and impactful<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moderated by Yasemin Somuncu\u00a0\u00a0(Secretary General, EYODER), this final session of the symposium celebrated successful ESCO projects from around the world. The panel featured representatives from\u00a0Lumenstream (UK\/Ireland),\u00a0Enerjisa (T\u00fcrkiye),\u00a0Clean Energy Business Council (UAE), and the\u00a0ESCO Association of Thailand, each sharing real-world experiences, lessons learned, and innovative models that are driving energy efficiency and sustainability. Key Insights by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"[et_pb_section fb_built=\"1\" _builder_version=\"4.21.0\" _module_preset=\"default\" global_colors_info=\"{}\"][et_pb_row _builder_version=\"4.21.0\" _module_preset=\"default\" global_colors_info=\"{}\"][et_pb_column type=\"4_4\" _builder_version=\"4.21.0\" _module_preset=\"default\" global_colors_info=\"{}\"][et_pb_video src=\"https:\/\/www.youtube.com\/watch?v=gwtH_Lhxt_s&t=1s\" _builder_version=\"4.21.0\" _module_preset=\"default\" hover_enabled=\"0\" global_colors_info=\"{}\" sticky_enabled=\"0\"][\/et_pb_video][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=\"4.21.0\" _module_preset=\"default\" global_colors_info=\"{}\"][et_pb_column type=\"4_4\" _builder_version=\"4.21.0\" _module_preset=\"default\" global_colors_info=\"{}\"][et_pb_text _builder_version=\"4.21.0\" _module_preset=\"default\" hover_enabled=\"0\" global_colors_info=\"{}\" sticky_enabled=\"0\"]<p>Moderated by\u00a0<strong>Svetlana Adamek<\/strong>\u00a0(Managing Director, adamek &amp; adamek consulting GmbH), this session addressed one of the most persistent challenges in the ESCO sector:\u00a0<strong>access to finance<\/strong>. The panel explored how to overcome financing barriers through\u00a0<strong>aggregation<\/strong>,\u00a0<strong>forfaiting<\/strong>,\u00a0<strong>guarantee mechanisms<\/strong>, and\u00a0<strong>energy efficiency funds<\/strong>, with insights from experts across Europe and Mauritius.<\/p>\n<p><strong>Key Insights by Speaker<\/strong><\/p>\n<p><strong>Csaba de Csiky \u2013 Chairman, EnerSave Capital Sarl<\/strong><\/p>\n<ul>\n<li>Emphasised the need to align ESCO project structures with investor expectations.<\/li>\n<li>Proposed a\u00a0<strong>conveyor belt model<\/strong>\u00a0using\u00a0<strong>forfaiting<\/strong>\u00a0and\u00a0<strong>securitisation<\/strong>\u00a0of white certificates to unlock capital.<\/li>\n<li>Highlighted the importance of\u00a0<strong>standardisation<\/strong>\u00a0and\u00a0<strong>aggregation<\/strong>\u00a0to attract institutional investors.<\/li>\n<\/ul>\n<p><strong>Lieven Vanstraelen \u2013 President, BELESCO (Belgium)<\/strong><\/p>\n<ul>\n<li>Shared Belgium\u2019s experience with a large-scale\u00a0<strong>federal renovation program<\/strong>\u00a0using a\u00a0<strong>super ESCO framework<\/strong>.<\/li>\n<li>Demonstrated how\u00a0<strong>performance-based maintenance<\/strong>\u00a0and\u00a0<strong>energy performance partnerships<\/strong>\u00a0can enable long-term investment.<\/li>\n<li>Stressed the need for\u00a0<strong>tailored financing models<\/strong>\u00a0and\u00a0<strong>digital platforms<\/strong>\u00a0to manage complexity and scale.<\/li>\n<\/ul>\n<p><strong>Carlos Ballesteros Barrado \u2013 Director General, ANESE (Spain)<\/strong><\/p>\n<ul>\n<li>Introduced Spain\u2019s\u00a0<strong>white certificate scheme<\/strong>\u00a0as a financing mechanism for energy efficiency.<\/li>\n<li>Advocated for\u00a0<strong>ESCO accreditation<\/strong>,\u00a0<strong>standard contracts<\/strong>, and\u00a0<strong>verifiers<\/strong>\u00a0to ensure credibility and reduce fraud.<\/li>\n<li>Called for\u00a0<strong>equal treatment of energy efficiency and renewables<\/strong>\u00a0in policy and market mechanisms.<\/li>\n<\/ul>\n<p><strong>Shweta Beeharee \u2013 Portfolio Manager, Capital Asset Management Ltd, Mauritius<\/strong><\/p>\n<ul>\n<li>Presented Mauritius\u2019 efforts to establish a\u00a0<strong>national guarantee mechanism<\/strong>\u00a0for ESCOs.<\/li>\n<li>Emphasised a\u00a0<strong>shared-risk model<\/strong>\u00a0involving government, banks, and ESCOs.<\/li>\n<li>Highlighted the importance of\u00a0<strong>capacity building<\/strong>,\u00a0<strong>standard contracts<\/strong>, and\u00a0<strong>governance structures<\/strong>\u00a0in emerging markets.<\/li>\n<\/ul>\n<p><strong>Common Barriers Identified<\/strong><\/p>\n<ul>\n<li><strong>Small ticket sizes<\/strong>\u00a0and\u00a0<strong>high transaction costs<\/strong>.<\/li>\n<li><strong>Lack of trust<\/strong>\u00a0and\u00a0<strong>limited understanding<\/strong>\u00a0of EPC models by banks.<\/li>\n<li><strong>Mismatch between ESCO project structures and investor requirements<\/strong>.<\/li>\n<li><strong>Limited off-balance sheet financing options<\/strong>.<\/li>\n<li><strong>Fragmented markets<\/strong>\u00a0and the absence of aggregators or super ESCOs in many countries.<\/li>\n<\/ul>\n<p><strong>Innovative Solutions Discussed<\/strong><\/p>\n<ul>\n<li><strong>Aggregation of receivables<\/strong>\u00a0and\u00a0<strong>project portfolios<\/strong>\u00a0to reach scale.<\/li>\n<li><strong>Forfaiting<\/strong>\u00a0of future savings and white certificates to provide upfront capital.<\/li>\n<li><strong>Super ESCOs and one-stop shops<\/strong>\u00a0to standardise, de-risk, and facilitate project development.<\/li>\n<li><strong>Digital platforms<\/strong>\u00a0and\u00a0<strong>AI tools<\/strong>\u00a0to reduce complexity, improve reporting, and lower costs.<\/li>\n<li><strong>White certificate markets<\/strong>\u00a0as a scalable, performance-based financing mechanism.<\/li>\n<\/ul>\n<p><strong>Conclusion<\/strong><\/p>\n<p>The session made it clear that\u00a0<strong>financing ESCO investments at scale<\/strong>\u00a0requires more than just capital\u2014it demands\u00a0<strong>structural innovation<\/strong>,\u00a0<strong>market alignment<\/strong>, and\u00a0<strong>cross-sector collaboration<\/strong>. Aggregation, standardisation, and digitalisation emerged as key enablers for unlocking large-scale investments. Guarantee mechanisms and white certificate schemes offer promising pathways, especially in emerging markets.<\/p>\n<p>Speakers emphasised that\u00a0<strong>ESCOs must evolve<\/strong>\u00a0from isolated project developers into participants in structured, scalable investment ecosystems. Governments, financiers, and facilitators must work together to build trust, reduce risk, and create the conditions for energy efficiency to thrive as a mainstream investment class.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","_et_gb_content_width":"","footnotes":""},"categories":[7,6],"tags":[],"class_list":["post-399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-esco","category-front-page"],"_links":{"self":[{"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/posts\/399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/comments?post=399"}],"version-history":[{"count":8,"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/posts\/399\/revisions"}],"predecessor-version":[{"id":430,"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/posts\/399\/revisions\/430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/media\/357"}],"wp:attachment":[{"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/media?parent=399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/categories?post=399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eyoder.org.tr\/eng\/wp-json\/wp\/v2\/tags?post=399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}