Abstract
The strong environmental policies, market demand and environmental sustainability has affected industrial firms, and forced them to create sustainable energy solutions. Improving energy efficiency is a key driver for sustainability, especially in high energy intensive industries that includes rail car manufacturing, which calls for implementation of energy efficiency initiatives in managing energy consumption, thus reducing energy costs and environmental pollution. The article proposes a business model that can be used by Energy Service Companies (ESCos) in creating, delivering and capturing value of energy (electricity) using canvas methodology.
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