Technical Note Nr. 6
The Market for Energy Efficiency & Environment (M3E) has been ratified to initiate structural changes in the energy market of Iran. The essence of the concept of the M3E is to promote demand for energy efficiency and facilitate the expansion of businesses on the supply of energy services. It is expected that highly subsidized energy consumers will enter the market. The M3E will also provide opportunities for existing and newly emerging energy service providers (i.e. ESCOs) and investors. Energy suppliers may be incentivized to facilitate the transfer of saved energy due to their benefits from reduced costs of supplying energy. In the meantime, developers of efficient technologies will receive demand for their products. Thus, a considerable number of stakeholders shall be involved in M3E and services will be provided through the cooperation of all stakeholders.
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