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Energy management contract with subsidy

Authors: You-hua Chen; Pu-yan Nie; Yong-cong Yang;
doi: 10.1063/1.5004549
Abstract
This paper presents a theoretical study of the effects of subsidizing energy contracts. The major findings are as follows. First, under the pressure of competition, technology promotion of energy service companies (ESCOs) reduces the price of energy contracts, while improving both demand and energy conservation. Second, subsidies for energy contracts improve market demand, ESCOs' profits, and energy conservation. Finally, subsidies stimulate ESCOs' ability to innovate, whereas competition deters innovation.
Related Organizations
- South China Agricultural University China (People's Republic of)
- Guangdong University of Foreign Studies China (People's Republic of)
- Guangdong University of Foreign Studies China (People's Republic of)
- University of Finance and Economics Mongolia
- Guangdong University of Finance China (People's Republic of)
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).12 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 10% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Average impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Top 10%

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citations
Citations provided by BIP!
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
popularity
Popularity provided by BIP!
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
12
Top 10%
Average
Top 10%