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Energy Services: A Proposed Framework to Improve Results

Tatiana Eutukhova1, Oleksandr Kovalko2, Oleksandr Novoseltsev3,*, Eric Woodroof4

1 Interregional Academy of Personnel Management, Kyiv, 02000, Ukraine
2 Naftogaz of Ukraine, Kyiv, 01601, Ukraine
3 Institute of Engineering Thermophysics, Kyiv, 03057, Ukraine
4 Profitable Green Solutions, Somerset, 42501, USA

* Corresponding Author: Oleksandr Novoseltsev. Email: email

Energy Engineering 2020, 117(3), 99-110.


Energy services markets are actively developing around the world, but their growth rates need to be accelerated in order to help the world meet energy policy goals. One barrier to energy services markets is confusion created from different terminology used in different parts of the world. In this context, various definitions of the term “energy services” have been analyzed in this paper and it has been recommended to distinguish between “energy services” and “energy-related services”. The structural and functional features of the energy services market conceptual design and its implementation models, as well as the use of energy service companies (ESCOs) concept has been also investigated. We hope that this standardization will clarify business activity as well as improve the ability for investors and stakeholders to further expand the market.


Cite This Article

APA Style
Eutukhova, T., Kovalko, O., Novoseltsev, O., Woodroof, E. (2020). Energy services: A proposed framework to improve results. Energy Engineering, 117(3), 99-110.
Vancouver Style
Eutukhova T, Kovalko O, Novoseltsev O, Woodroof E. Energy services: A proposed framework to improve results. Energ Eng. 2020;117(3):99-110
IEEE Style
T. Eutukhova, O. Kovalko, O. Novoseltsev, and E. Woodroof "Energy Services: A Proposed Framework to Improve Results," Energ. Eng., vol. 117, no. 3, pp. 99-110. 2020.

cc This work is licensed under a Creative Commons Attribution 4.0 International License , which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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