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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Main Authors: Yu-Che Tseng, Yuh-Ming Lee, Shih-Jung Liao
Format: Article
Language:English
Published: MDPI AG 2017-10-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/9/10/1822
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spelling 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
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