As a part of the National Energy Efficiency Program’s (www.neep.org.sa) activities to inform investors and energy consumers about opportunities in the Energy Services Field in the Kingdom, NEEP will hold a workshop titled “Discovering Business Opportunities in the Energy Services Industry.” The three-day workshop will kick off at King Abdul Aziz City for Science and Technology in Riyadh on May 16. International and regional experiences will be shared through papers focusing on Energy Services Companies (ESCOs).
The workshop topics include:
• Introduction to energy conservation technologies.
• Success stories in energy conservation.
• The concept of ESCOs.
• Opportunities for end-users to benefit from ESCOs.
• Introducing the experiences of regional and international ESCOs.
• Business opportunities for ESCOs in KSA.
The organizers hope the workshop will attract:
• Leaders of the local energy service industry who seek to introduce new services in the energy conservation field.
• Regional and international ESCOs aiming to introduce their services and experiences and look for opportunities in Saudi Arabia.
• Businessmen who are searching for new business opportunities in the energy services field.
The aim of NEEP is to assist the energy sector in Saudi Arabia to meet the rapidly growing power and energy demand through efficient and rational consumption patterns, thereby protecting the local environment while at the same time providing a sustainable alternative to increased energy supply and generation capacity expansion.
NEEP includes several aspects such as:
• Supporting energy auditing in the industrial and commercial sectors;
• Utility load management;
• Setting policies and regulations for residential buildings and energy-consuming appliances efficiency;
• Improving energy efficiency information exchange;
• Promoting private sector investments in energy services;
• Encouraging utilization of efficient technologies.