The National Energy Efficiency Program has an objective to achieve long-term reduction of energy consumption and operational costs in Government buildings.
The establishment of an Energy Services Companies (ESCOs) market in Oman is considered an area of high priority for the Authority in their efforts to improve Energy Efficiency.
The results of earlier building audits and available data on existing buildings in Oman, suggest that a large potential exists for reducing energy use. Lowering electricity consumption in the Omani Government sector can be achieved by utilizing ESCOs. ESCOs have long served markets internationally by providing improved building performance, access to expertise, and installation of new more efficient equipment and training of building staff with little to no upfront costs; with inherent risks being managed by the ESCOs.
The comprehensive building retrofits that ESCOs can perform will allow for simultaneous targeting of multiple building systems, including the building envelope, lighting, ventilation, and air conditioning (HVAC).
We will assist AER in establishing a five-year roll-out program to establish the ESCO market in Oman.
As part of the program design, we will:
- Recommend working model based upon international best practices for the functioning of ESCOs in Oman, with due consideration of local circumstances, legal framework and market conditions.
- Provide the guidelines for a well-planned program roll-out for servicing 70 % of Government CRT customers over the next five years
- Provide support throughout the first phase of the program roll-out including the preparation of all necessary documentation and tender material for this purpose