Foreign and Russian Practice of Applying the Energy Service Contract

Abstract

The relevance of the study is related to the high need to achieve energy conservation and increase energy efficiency. The leading place in meeting this need is occupied by the energy service contract, which is one of the forms of non-classical public-private partnership (hereinafter - PPP) and is actively used in our country along with the concession agreement and the PPP agreement. The energy service contract also plays a key role in reducing energy costs and achieving energy efficiency in the budgetary and commercial sectors of foreign countries. Due to this, it is necessary to consider the foreign and Russian practice of applying an energy service contract, highlighting common and distinctive characteristics, and identifying promising areas for its development in our country. The main results of this study are the identification and disclosure of the features of using energy service contracts in the United States, European countries, and Russia, distinguishing between the commonalities and differences in the functioning of the global and Russian energy service market, as well as the presentation of key trends and directions for the further development of the domestic practice of energy service contract application. The theoretical significance of the research lies in the development of the scientific foundations for the application of the energy service contract, while the practical significance lies in determining the ways to develop the domestic energy service and in formulating recommendations for its improvement.