Energy Performance Contracting is a business operating mode based on trust and contract.The relationship between Energy Management Corporation (EMC) and Energy Consumer is discussed from the viewpoint of relational contract.They are the principal implement body of the Energy Performance Contracting (EPC).The particular contracting relation between Energy Management Corporation and Energy Consumer is analyzed.Drawing lessons from relevant study works,two governance patterns are proposed: bilateral governance and unified gov-ernance to govern the contracting relation and promote the cooperation between the two parties.
The paper firstly analyzes the operating mechanism of China's small and medium-sized EMCos, finding that fund accommodation and risk management are the two development challenges that they are facing with. Then it analyzes the function of the financial system, finding that some measures of the financial system can solve the problems faced by EMCos. Finally, by analyzing the existing financial support channels of small and medium sized EMCos, it proposes the measures to improve various financial channels, such as, to set up the science and technology branch of bank; to establish the innovative mechanisms to promote the development of financial leasing; to start the EPC Trust; to open up the channels of listing of small and medium-sized EMCos to attract venture capital; to accelerate the development of guarantee industry; to encourage the innovation of insurance industry to develop new insurance products.
Berzelius failed to make use of Faraday's electrochemical laws in his laborious determination of equivalent weights.