Advanced

Catalyzing solar photovoltaics diffusion? An assessment of the Energy Service Companies (ESCO) business model in Taiwan

Chan, Yi-Chieh LU (2016) In IIIEE Masters Thesis IMEN56 20161
The International Institute for Industrial Environmental Economics
Abstract
The central role of solar photovoltaics (PV) energy to facilitate transition of energy systems
leads to the global diffusion of solar PV systems. Despite increasing deployment, the adoption
of solar PV systems still faces numerous barriers. The existence of a business model can
contribute to the removal of barriers, and further catalyze solar PV development. This study
carries out an assessment to explore the function of the PV-Energy Service Company (ESCO)
model in overcoming barriers to solar PV diffusion in Taiwan. A combined methodology of
literature review and in-depth interviews is used to examine the barriers, and the
operationalization of the ESCO model. The study finds that in Taiwan, barriers to solar PV
diffusion involve... (More)
The central role of solar photovoltaics (PV) energy to facilitate transition of energy systems
leads to the global diffusion of solar PV systems. Despite increasing deployment, the adoption
of solar PV systems still faces numerous barriers. The existence of a business model can
contribute to the removal of barriers, and further catalyze solar PV development. This study
carries out an assessment to explore the function of the PV-Energy Service Company (ESCO)
model in overcoming barriers to solar PV diffusion in Taiwan. A combined methodology of
literature review and in-depth interviews is used to examine the barriers, and the
operationalization of the ESCO model. The study finds that in Taiwan, barriers to solar PV
diffusion involve social, financial, and legal-administrative aspects. Following the designs of
the PV-ESCO model, ESCO companies address these barriers in different operational
methods and approaches. It implies that the removal of barriers and the diffusion of solar PV
installations happen under a synthetic effect of distinct operational ways. Moreover, the
change model operationalization stimulates the market of residential-mounted PV
installations, and could significantly conduce to the growth of this market segment. (Less)
Please use this url to cite or link to this publication:
author
Chan, Yi-Chieh LU
supervisor
organization
course
IMEN56 20161
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Photovoltaics, Barriers, Business Models, ESCO Models, Operationalization
publication/series
IIIEE Masters Thesis
report number
2016:21
ISSN
1401-9191
language
English
id
8890913
date added to LUP
2016-09-06 12:08:02
date last changed
2016-09-06 12:08:02
@misc{8890913,
  abstract     = {The central role of solar photovoltaics (PV) energy to facilitate transition of energy systems
leads to the global diffusion of solar PV systems. Despite increasing deployment, the adoption
of solar PV systems still faces numerous barriers. The existence of a business model can
contribute to the removal of barriers, and further catalyze solar PV development. This study
carries out an assessment to explore the function of the PV-Energy Service Company (ESCO)
model in overcoming barriers to solar PV diffusion in Taiwan. A combined methodology of
literature review and in-depth interviews is used to examine the barriers, and the
operationalization of the ESCO model. The study finds that in Taiwan, barriers to solar PV
diffusion involve social, financial, and legal-administrative aspects. Following the designs of
the PV-ESCO model, ESCO companies address these barriers in different operational
methods and approaches. It implies that the removal of barriers and the diffusion of solar PV
installations happen under a synthetic effect of distinct operational ways. Moreover, the
change model operationalization stimulates the market of residential-mounted PV
installations, and could significantly conduce to the growth of this market segment.},
  author       = {Chan, Yi-Chieh},
  issn         = {1401-9191},
  keyword      = {Photovoltaics,Barriers,Business Models,ESCO Models,Operationalization},
  language     = {eng},
  note         = {Student Paper},
  series       = {IIIEE Masters Thesis},
  title        = {Catalyzing solar photovoltaics diffusion? An assessment of the Energy Service Companies (ESCO) business model in Taiwan},
  year         = {2016},
}