Performance Contracting — A Recession-proof Market with Huge Energy Savings Opportunities

LONDON, May 11, 2010 - The overall European market for energy management services was worth
around 15 billion euro in 2009 and has not been affected as badly as some
other sectors by the downturn. Furthermore, the future looks brighter as the
EU's action plan for energy efficiency aims to reduce energy consumption by
20% by 2020 and to achieve this there is a need for large investments. It
gives ESCOs (energy service companies) and other companies operating in the
energy management services markets a big opportunity to lead the way forward
by providing crucial services to building owners.

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On this subject Frost & Sullivan will host a web conference which will
take place on the 26th May 2010, at 4 pm BST. This complimentary briefing
with our Industry Analyst Reka Szanto will focus in particular on two
specific services types that deserve extra attention: consulting services and
performance contracting. The demand of these two services have been risen and
expected to continue to be rising due to their importance in achieving more
efficient buildings, especially when there is a legislative pressure combined
with financial restraint as it is the case for many public authorities, for
instance.

"While the European Union imports around half of its energy and while
demand is said to double globally from current levels to 2030, all
opportunities must be used to achieve real savings in terms of consumption by
using energy in a more efficient way," explains Frost & Sullivan Industry
Analyst Reka Szanto.

"The Energy Service Directive provides the legal base for all types of
energy services in Europe. It aims to encourage Member States to promote
energy efficiency and take up a more active role. This Directive has, on the
whole, activated the market for energy management services as Member States
need to reduce their total energy use by 1% year on year, which is quite an
ambitious target," concludes Reka.

Regarding performance contracting, there is a huge difference within
Europe in terms of market maturity and growth potential. Germany, France and
the UK have the most mature markets, whereas the Southern European countries
lag behind in terms of readiness and opportunity. Although performance
contracting is mostly aimed at the cash-trapped public buildings, there is
plenty of opportunities in the commercial sector, too.

Highlights of the briefing include analyses of main market trends, market
forcefield analysis, market sizing as well as overview of the competitive
landscape.

Such market insight would be beneficial to all service providers, and
end-users who may be interested in the advantages of a more energy efficient
building system. There will be furthered discussions of major trends
expectations, as well as an overview of the specific energy management
services, including forecasts and competitive landscapes.

To participate in this complimentary briefing, please e-mail Chiara
Carella, at chiara.carella@frost.com, with your full name, company name,
title, telephone number, company e-mail address, company website, city, state
and country, and a registration link will be e-mailed to you. You may also
register to receive a recorded version of the briefing at anytime by
submitting the aforementioned contact details.

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    Contact:

    Chiara Carella
    Corporate Communications - Europe
    P: + 44-(0)-207-3438314
    M: +44-(0)-7533017689
    E: chiara.carella@frost.com

Chiara Carella, Corporate Communications - Europe, Frost & Sullivan, +44-(0)-207-3438314, mobile: +44-(0)-7533017689, chiara.carella at frost.com