A roundtable conference on leveraging ESCO model for energy savings for high energy consumers and role of energy efficiency in achieving net zero target was held by Lucknow Management Association on Wednesday.
The experts from the energy sector deliberated on leveraging the ESCO (energy service companies) model to reduce energy consumption through investments by energy service companies in energy saving measures without upfront cost to the consumers.
The experts said that the energy service companies receive their fees from the savings in energy cost. Several case studies of successful ESCO projects showing huge savings in energy costs were presented by the participants.
