The global Energy as a Service (EaaS) market is estimated to grow at a significant CAGR during the forecast period. The major factors contributing to the growth of the market include rising industrialization across the globe and increasing focus on reducing energy costs. As per the European Commission, buildings are accountable for nearly 36% of CO2 emissions and 40% of energy consumption in the EU. Currently, nearly 75% of the building stock in the EU is energy inefficient, nearly 35% of the buildings in the EU are more than 50 years old, while only 0.4-1.2% of the building stock is renovated annually.

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Therefore, the European government is supporting energy-efficient buildings through its new rule Directive (2018/844/EU) on the energy performance of buildings, launched in July 2018 as part of the Clean Energy for All Europeans package. Such new provisions will make future buildings much comfortable and greener, which thereby will consume less energy. The new rule encourages the utilization of investments in renovation and is anticipated that SMEs will primarily benefit from renovation, as it accounts for over 70% of the value-added in the EU building sector. This, in turn, will encourage the adoption of EaaS for demand and supply management of energy.

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EaaS is an advanced business model where a service provider delivers several energy-related services as compared to the only supply of electricity. With the use of distributed energy resources, automatic control systems can offer reactive power support for controlling voltage. Energy service providers can utilize remotely controlled intelligent devices for the management of consumption and decrease the load during peak demand hours. In addition, the emerging concept of a smart home is offering an opportunity for market growth. EaaS is an integrated solution that allows to monitor, automate and control energy consumption, which is beneficial for smart homes.

Market Segmentation

Global EaaS Market by Type
Power Generation Services
Operational and Maintenance Services
Energy Efficiency and Optimization Services
Global EaaS Market by End-User
Commercial
Industrial
Others (Government)
Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles

Bernhard
Blackstone Energy Services Inc.
Carbon Lighthouse Inc.
Centrica plc
E.ON SE
EDF Trading Ltd.
Edison International
Enel X s.r.l.
Enertika
ENGIE
Entegrity
Flywheel Energy, LLC
Honeywell International Inc.
Ørsted A/S
Schneider Electric SE
Sealed Inc.
Siemens AG
Sunrun Inc.
United Technologies Corp.
Veolia Environnement SA
WGL Holdings, Inc.
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