2014-01-21 13:01:01 - Energy-Efficiency Consultants in China - a new market research report on companiesandmarkets.com
The Energy-Efficiency Consulting industry in China is estimated to generate $49.4 billion in 2013, representing annualized growth of 46.7% over the past five years. Boosted by an array of energy-saving and emission reduction regulations implemented in 2006, the industry has been showing rapid growth.
Issued in 2010, the Interim Measures for Management of Financial Incentive Funds of Energy Management Contracting Projects allocated generous subsidies for contract energy management (CEM) projects. This marked the beginning of the standardization of the industry in China. According to the National Development and Reform Commission, there are in total 3,210 recorded (i.e. registered) energy service establishments in China in 2013, over half of which had conducted CEM projects. Most of these companies are located in east
China such as Jiangsu, Guangdong and Beijing.
The investment in CEM projects amounted to $6.4 billion in 2011, up 50.5% from 2010. The energy-conservation capacity of CEM projects amounted to 16.5 million tons of standard coal in 2011.
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