論台灣離岸風力發電融資

Financing Offshore Wind in Taiwan

本文主要說明如何以符合成本效率的方式在未來六年為臺灣5.7GW的離岸風力發電提供約200億美元的融資。為在2025年前達成籌資目標，需要本地與國際銀行共同協調運用國外普及之專案融資技術與資本評估方式才能有效推動。對本地銀行而言，不僅有機會從國際合作中獲益，亦能因提供融資給臺灣離岸風力發電專案及本地供應鏈業者而獲利。此外，政府需持續致力於離岸風力發電之相關承諾，包括持續的支持性政策、與專案開發商保持明確溝通管道以及結構化的風險管理方法，以吸引低成本且長期的大規模資金。有鑑於此，本文彙整全球最佳風場之融資專案案例，以及歐洲離岸風力發電風場之籌集資金和發行債券等經驗，為臺灣離岸風力發電融資之相關議題與討論提供參考依據。

This paper addresses how an estimated US$20bn of finance for 5.7GW of Offshore Wind (OSW) in Taiwan can be financed cost-efficiently over the next six years. Raising all this finance by 2025 will require a major co-ordinated effort by local and international banks using proven project financing techniques and accessing deep pools of global capital. There is a major opportunity for local banks to benefit from international collaborations and profit from lending to Taiwanese OSW projects and to the local supply chain. Continuing government commitment to OSW including sustained supportive policy, clear lines of communication with project developers and a structured approach to risk management are all required to attract low-cost, long-term funding at scale. To support the discussion on how to best finance Taiwan's offshore wind sector, this paper presents lessons from global best practice in financing OSW farms. These insights have been informed by experience raising equity and debt for European OSW farms.