Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/6943
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dc.contributorDepartment of Building and Real Estate-
dc.creatorLee, P-
dc.creatorLam, TIP-
dc.creatorDzeng, RJ-
dc.date.accessioned2014-12-11T08:29:18Z-
dc.date.available2014-12-11T08:29:18Z-
dc.identifier.issn1463-578X-
dc.identifier.urihttp://hdl.handle.net/10397/6943-
dc.language.isoenen_US
dc.publisherEmerald Group Publishing Limiteden_US
dc.rights© Emerald Group Publishing Limiteden_US
dc.rightsThe published version is available at http://dx.doi.org/10.1108/JPIF-01-2014-0003en_US
dc.rightsThis article is (c) Emerald Group Publishing and permission has been granted for this version to appear here (http://repository.lib.polyu.edu.hk/). Emerald does not grant permission for this article to be further copied/distributed or hosted elsewhere without the express permission from Emerald Group Publishing Limited.en_US
dc.subjectHong Kongen_US
dc.subjectIncentivesen_US
dc.subjectTaiwanen_US
dc.subjectDeterrentsen_US
dc.subjectEnergy efficiency investmenten_US
dc.subjectEnergy performance contractingen_US
dc.titleCurrent market development of energy performance contracting : a comparative study between Hong Kong and Taiwanen_US
dc.typeJournal/Magazine Articleen_US
dc.description.otherinformationAuthor name used in this manuscript: Tsun Ip Lamen_US
dc.identifier.spage371-
dc.identifier.epage395-
dc.identifier.volume32-
dc.identifier.issue4-
dc.identifier.doi10.1108/JPIF-01-2014-0003-
dcterms.abstractPurpose – The purpose of this paper is to investigate the current market development of Energy Performance Contracting (EnPC) in Hong Kong and Taiwan, focussing on four key aspects: first, the potential building energy retrofits as an investment for future savings; second, the motivations for building owners toward the use of EnPC; third, the reasons for building owners not using EnPC; and fourth, the different approaches of Hong Kong and Taiwanese governments toward the promotion of EnPC.-
dcterms.abstractDesign/methodology/approach – A dual-questionnaire survey was conducted both in Hong Kong and Taiwan, where the same set of questionnaire was sent to the key personnel of the energy services companies (ESCOs) in both regions as identified from the latest member lists of representative trade associations, supplement with 11 structured interviews.-
dcterms.abstractFindings – Apart from explainable differences, the results show the top rankings by the respondents of Hong Kong and Taiwan as follows: “Potential retrofit works” including lighting replacement with efficient fluorescent and light emitting diode lamps and improvement of air-con system. “EnPC Motivations” including owners’ lack of upfront capital and use of energy savings for other purposes may yield better returns; ESCOs’ provision of turnkey services. “Reasons not considering EnPC” including worry about its complexities; lack of familiarity with EnPC and long payback periods. As for promotional efforts for EnPC, the Taiwan government has taken more initiatives to foster its use both technically and financially.-
dcterms.abstractPractical implications – This study identifies market-related motivators and deterrents as experienced by ESCOs in implementing EnPC projects in two developed Asian economies.-
dcterms.abstractOriginality/value – This study provides insightful information for the stakeholders about the latest market development of EnPC in Hong Kong and Taiwan.-
dcterms.accessRightsopen accessen_US
dcterms.bibliographicCitationJournal of property investment and finance, 2014, v.32, no. 4, p. 371-295-
dcterms.isPartOfJournal of property investment and finance-
dcterms.issued2014-
dc.identifier.scopus2-s2.0-84927554784-
dc.identifier.eissn1470-2002-
dc.identifier.rosgroupidr67903-
dc.description.ros2013-2014 > Academic research: refereed > Publication in refereed journal-
dc.description.oaAccepted Manuscripten_US
dc.identifier.FolderNumberOA_IR/PIRAen_US
dc.description.pubStatusPublisheden_US
Appears in Collections:Journal/Magazine Article
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ESCOs paper_Table.ver6.1.pdfPre-published version53.62 kBAdobe PDFView/Open
ESCOs paper_Figure.ver6.1.pdfPre-published version32.83 kBAdobe PDFView/Open
ESCOs_paper_Market_Potential_ver8.3.pdfPre-published version109.73 kBAdobe PDFView/Open
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