A Study on the Analysis of Energy Service Company and Its Source of Fund of Energy Consumption in Taiwan

• Main Authors: TIEN-CHIN CHIU, 邱添進
• Other Authors: Hsin-Der Chen
• Format: Others
• Language: zh-TW
• Published: 2006
• Online Access: http://ndltd.ncl.edu.tw/handle/99530527172295144935

碩士 === 靜宜大學 === 管理碩士在職專班 === 95 === Taiwan is an island with limited natural resources and the international trend toward gradual exhaustion of energy compelled the country to conserve and use the energy more efficiently for costing down the budget and increasing the competence in the global economy. The most efficient way of conserving energy is to promote ESCO, which is very suitable for Taiwan’s economical system. However, the key point to promote energy betterment program depends on the operation of financial system of ESCO. This study, in terms of questioning which pattern of source of fund should be applied when those “traditional energy conserving firms” (including the machinery dealers, engineering integrators and technical developers of energy technique industry), try to develop into ESCOs, probes, for both supplier and user of energy efficient equipment, the financial advantages maintained from the pattern of source of fund both traditional energy conserving firms and ESCO operate with and the obstacles they may encounter during the operation. The methodology used in this study is to propose the prepositions probed from the reviews of literature, and through the interviews with academic scholars and practical experts, find the major categories which play crucial roles in maintaining the source of fund, and then confirm the prepositions proposed. The result of the research shows that most of the ESCOs established and developed in Taiwan are small and medium enterprises with deep pockets. Weak financed enterprises, due to the limitation of the period validity of the turnover of funding, choose not to enter this industry, corresponding with the decisions most firms would make when they are trying to invest. About the obstacles encountered during sourcing the fund, on one hand, the consumer lack confidence in such investment which its cost is too high and the period is too long; on the other hand, financial institution has no willing to set a special financing term for energy industry. The lacking of inducement to loan leads to the limitation of source of fund and the expansion of the market eventually. ESCO benefits the provider and user of energy efficient equipment as it can leads in energy efficient products and techniques without huge amount of financial demand. Moreover, improving operation of cash flow is the advantage ESCO provided for the provider and user of energy efficient equipment on financing.