An Integrated Assessment Framework of Offshore Wind Power Projects Applying Equator Principles and Social Life Cycle Assessment
This paper reviews offshore wind power project finance and provides an integrated assessment that employs Equator Principles, life cycle assessment, risk assessment, materiality analysis, credit assessment, and ISAE 3000 assurance. We have not seen any comprehensive review papers or book chapters th...
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Online Access: | https://www.mdpi.com/2071-1050/9/10/1822 |
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doaj-ef09f3834dbd4d29a76d3503b4be14e52020-11-24T20:49:03ZengMDPI AGSustainability2071-10502017-10-01910182210.3390/su9101822su9101822An Integrated Assessment Framework of Offshore Wind Power Projects Applying Equator Principles and Social Life Cycle AssessmentYu-Che Tseng0Yuh-Ming Lee1Shih-Jung Liao2Institute of Natural Resource Management, National Taipei University, New Taipei City 23741, TaiwanInstitute of Natural Resource Management, National Taipei University, New Taipei City 23741, TaiwanInstitute of Natural Resource Management, National Taipei University, New Taipei City 23741, TaiwanThis paper reviews offshore wind power project finance and provides an integrated assessment that employs Equator Principles, life cycle assessment, risk assessment, materiality analysis, credit assessment, and ISAE 3000 assurance. We have not seen any comprehensive review papers or book chapters that covers the entire offshore wind power project finance process. We also conducted an SWancor Formosa Phase 1 case study to illustrate the application of integrated assessment to better assist policymakers, wind farm developers, practitioners, potential investors and observers, and stakeholders in their decisions. We believe that this paper can form part of the effort to reduce information asymmetry and the transaction costs of wind power project finance, as well as mobilize green finance investments from the financial sector to renewable energy projects to achieve a national renewable energy policy.https://www.mdpi.com/2071-1050/9/10/1822project financestrategic environmental assessmentcase studystakeholder engagement |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Yu-Che Tseng Yuh-Ming Lee Shih-Jung Liao |
spellingShingle |
Yu-Che Tseng Yuh-Ming Lee Shih-Jung Liao An Integrated Assessment Framework of Offshore Wind Power Projects Applying Equator Principles and Social Life Cycle Assessment Sustainability project finance strategic environmental assessment case study stakeholder engagement |
author_facet |
Yu-Che Tseng Yuh-Ming Lee Shih-Jung Liao |
author_sort |
Yu-Che Tseng |
title |
An Integrated Assessment Framework of Offshore Wind Power Projects Applying Equator Principles and Social Life Cycle Assessment |
title_short |
An Integrated Assessment Framework of Offshore Wind Power Projects Applying Equator Principles and Social Life Cycle Assessment |
title_full |
An Integrated Assessment Framework of Offshore Wind Power Projects Applying Equator Principles and Social Life Cycle Assessment |
title_fullStr |
An Integrated Assessment Framework of Offshore Wind Power Projects Applying Equator Principles and Social Life Cycle Assessment |
title_full_unstemmed |
An Integrated Assessment Framework of Offshore Wind Power Projects Applying Equator Principles and Social Life Cycle Assessment |
title_sort |
integrated assessment framework of offshore wind power projects applying equator principles and social life cycle assessment |
publisher |
MDPI AG |
series |
Sustainability |
issn |
2071-1050 |
publishDate |
2017-10-01 |
description |
This paper reviews offshore wind power project finance and provides an integrated assessment that employs Equator Principles, life cycle assessment, risk assessment, materiality analysis, credit assessment, and ISAE 3000 assurance. We have not seen any comprehensive review papers or book chapters that covers the entire offshore wind power project finance process. We also conducted an SWancor Formosa Phase 1 case study to illustrate the application of integrated assessment to better assist policymakers, wind farm developers, practitioners, potential investors and observers, and stakeholders in their decisions. We believe that this paper can form part of the effort to reduce information asymmetry and the transaction costs of wind power project finance, as well as mobilize green finance investments from the financial sector to renewable energy projects to achieve a national renewable energy policy. |
topic |
project finance strategic environmental assessment case study stakeholder engagement |
url |
https://www.mdpi.com/2071-1050/9/10/1822 |
work_keys_str_mv |
AT yuchetseng anintegratedassessmentframeworkofoffshorewindpowerprojectsapplyingequatorprinciplesandsociallifecycleassessment AT yuhminglee anintegratedassessmentframeworkofoffshorewindpowerprojectsapplyingequatorprinciplesandsociallifecycleassessment AT shihjungliao anintegratedassessmentframeworkofoffshorewindpowerprojectsapplyingequatorprinciplesandsociallifecycleassessment AT yuchetseng integratedassessmentframeworkofoffshorewindpowerprojectsapplyingequatorprinciplesandsociallifecycleassessment AT yuhminglee integratedassessmentframeworkofoffshorewindpowerprojectsapplyingequatorprinciplesandsociallifecycleassessment AT shihjungliao integratedassessmentframeworkofoffshorewindpowerprojectsapplyingequatorprinciplesandsociallifecycleassessment |
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1716806955648942080 |