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The ABC of EPC: How to capitalise on Energy Performance Contracts (EPC) and Local Energy Supply Contracts (LESC)

  • Date(s)
    Wednesday, 28 May 2014
  • Time(s)
    9:00 AM - 3:30 PM
  • Venue
    Engineers Ireland, 22 Clyde Road, Ballsbridge, Dublin 4, Ireland
  • Fee

    Members: €195
    Non-Members: €245
    WEB PRICE:  Book online and receive a further 10% discount
    NOTE: You can only book online using credit or debit card details

  • CPD Credit
    1 hour   C1

Background

Over the next six years the Government is committed to upgrading and retrofitting state buildings at a cost of many millions. These projects will involve upgrading of the building fabric (insulation, windows, etc) and services (HVAC, controls, lighting, etc). 
 
This is to be achieved by the state entering into long term third party finance agreements with financial institutions. In Ireland, the seeds for this have already been sown, for example, the €70m Energy Efficiency Fund and in the SME sector, AIB’s €100m energy efficiency fund. The EU is poised to fund this objective with billions in loans and grants.
 

Energy Performance Contracts (EPC) and Local Energy Supply Contracts (LESC)

A key constituent of these financing mechanisms is that the supplier/contractor must assume responsibility for the achievement of the energy saving. This is a new departure in state contracts. Contractors must familiarise themselves with the challenges and risks involved and how to manage these new form contracts.
 
Funds are already in place for both public sector and private sector projects.  But these contracts will not be conventional; they will be in the form of Energy Performance Contracts (EPC) and Local Energy Supply Contracts (LESC).
 
On the facilities management front, it is most likely that before long, energy performance will become a criterion of payment requiring providers to not only maintain reliability and performance but also to optimise energy consumption. Finally heat generation through biomass and CHP using heat supply contracts offers huge potential in Ireland.
 
Workshop Aim
 

The aim of this workshop is to explain the nature of the performance guarantees which form part of the contracts and how to control the associated risks. It will also provide participants with a firm grounding in all aspects of EPC/LESC contracts including legal, finance, risk management and regulatory issues/drivers to ensure they are adequately prepared for this new and rapidly evolving market opportunity.

Who Should Attend

This workshop is designed for consultants and contractors concerned with design, installation and maintenance of buildings and energy intensive equipment (HVAC, refrigeration, heat generation etc).  Equipment suppliers should also attend to obtain a greater understanding of their role in performance commitment.  This event is suitable for anyone interested in developing their knowledge on Energy Performance Contracts and Local Energy Supply Contracts.  

Workshop Content:

  • Overview of EPC: Drivers, Opportunities, new skills/systems required.
  • Measurement & Verification Procedures – the core of EPC
  • Legal aspects: Contracts and avoiding areas of conflict.
  • Financial Considerations: Project financing, retention, risks. On off balance sheet structures
  • The steps needed to prepare, tender and execute EPC contracts.
  • Share in the findings of recent case studies on new technologies that can achieve impressive energy cost savings and improve sustainability

Speakers include:

Welcome

Pat Rabbitte TD, Minister for Communications, Energy and Natural Resources

Growth of the EPC Model Across Europe: Challenges and Opportunities

International expert Pierre Langlois from Econoler, Canada

Legal Drivers

Philip Lee, Managing Partner, Philip Lee

How to Manage Risk as a Local Energy Supplier

Tom Bruton, Chartered Engineer, Principal Consultant, BioXL

How to Manage Risk as an Energy Performance Contractor

Mark Coyne, Chartered Engineer, Technical Director, Dalkia

Overview of M+V procedures and the UK experience

Alex Rathmell, Managing Director, Energy Efficiency Verification Specialists (eeVs) & Des Murphy, Chartered Engineer, Kovara

Risk Allocation in EPC and LESC

Hugh Cummins, Philip Lee

Financial and Other Supports

Majella Kelleher, Energy Demand Management, SEAI 

Financing EPC

David Hourihane, Director,Sustainable Development Capital Limited (Ireland)

AIB Schemes

Ray O'Neill, AIB

Energy Saving Credits

Dr Stjohn O’Connor, Principal Officer, Department of Communications, Energy and Natural Resources

Public Sector Body Example

Joe Hayden, Executive Energy Engineer, Codema

Panel Question and Answer Session hosted by

Des Murphy, Chartered Engineer, Kovara 

This seminar is in conjunction with Philip Lee 

 

Make a Booking

28 May 2014

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