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| 研究生： |
孟逸朗 Mehner, Eric |
|---|---|
| 論文名稱： |
臺灣離岸風力發電投資計劃可行性分析 An investment case on offshore wind energy in Taiwan |
| 指導教授： |
郭維裕
Kuo, George |
| 學位類別： |
碩士
Master |
| 系所名稱： |
商學院 - 國際經營管理英語碩士學位學程(IMBA) International MBA Program College of Commerce(IMBA) |
| 論文出版年： | 2016 |
| 畢業學年度： | 104 |
| 語文別： | 英文 |
| 論文頁數： | 45 |
| 中文關鍵詞： | 離岸 、風 、能量 、台灣 、投資 |
| 外文關鍵詞： | Offshore, Wind, Energy, Taiwan, Investment |
| 相關次數： | 點閱：64 下載：33 |
| 分享至: |
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The worldwide offshore wind market has been growing rapidly over the recent years and also the Taiwanese government has announced to rely more on offshore wind power as future energy source. The goal of this paper is to evaluate if an investment in offshore wind energy in Taiwan is worthwhile. This has been done by analyzing the development of the world energy market and the recent growth in renewable energies. Furthermore, the essential steps of the development of an offshore wind farm and the lifecycle were overviewed. Based on this information, together with an analysis of relevant factors regarding the development of an offshore wind farm in Taiwan, a profitability analysis was performed. Statistical data and experience from European offshore wind projects was taken as a benchmark for the calculations. The results show that despite some risk due to natural disasters and the immaturity of offshore wind industry in Taiwan, an investment in an offshore wind farm seems to be a very attractive choice under current conditions. From the two subsidy options offered by the Taiwanese government, the splitted feed-in tariff plan, with higher payments in the first 10 years and lower payments in the following 10 years, is clearly the better option for potential investors.
1. Introduction 1
1.1. Global trends in the energy market 1
1.1.1. Change in worlds energy consumption 1
1.1.2. Renewable energies 2
1.1.3. Global offshore wind energy 3
2. Offshore wind farm development 5
2.1. Project lifecycle 5
2.2. Project costs 7
2.3. Energy production 10
2.4. Power prices and subsidies 11
2.5. Operating costs 13
2.6. Project end options 14
3. Detailed analysis of conditions for offshore wind in Taiwan 16
3.1. Market conditions 16
3.1.1. Power consumption 16
3.1.2. Power generation 17
3.1.3. Potential of renewable energy sources 19
3.2. Taiwanese subsidy scheme 21
3.3. Factor conditions 22
3.3.1. Wind conditions 22
3.3.2. Depth of water 24
3.3.3. Country specific risks of natural disasters 25
3.4. Other issues 26
4. Profitability analysis 27
4.1. Assumptions for exemplary offshore wind park in the Taiwan strait 27
4.2. Revenue through energy production 27
4.2.1. Estimation of Annual Energy Production 28
4.2.2. Feed-in Tariff 30
4.3. Initial investment 31
4.4. Operation expenditures 32
4.5. NPV analysis 33
4.5.1. Interest rate 33
4.6. IRR analysis 34
4.7. Profitability calculations 35
4.7.1. Scenario 1 with 20-year continuous FIT 35
4.7.2. Scenario 1 with 2-period FIT split 37
4.7.3. Scenario 2 with 20-year continuous FIT 39
4.7.4. Scenario 2 with 2-period FIT split 40
5. Conclusion 42
6. Reference 43
7. Appendix 45
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