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Energy Efficiency

Issues of using parametric insurance (PI) to Taiwan energy-saving performance contract (ESPC): A snapshot

  • 01-01-2025
  • Review Article
Published in:
Authors
Yu-Sen Chuang
Hwa-Lin Chang
Published in
Energy Efficiency | Issue 1/2025

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Abstract

The article delves into the use of parametric insurance (PI) in Taiwan's energy-saving performance contracts (ESPCs), examining the advantages of PI over traditional insurance. It discusses the role of PI in dispersing risks associated with ESPCs and promoting the development of the energy service company (ESCO) industry. The study also explores the concept of 'basis risk' in PI and suggests methods to mitigate it. Overall, the article offers a detailed exploration of how PI can be effectively integrated into Taiwan's energy-saving initiatives, making it a valuable resource for professionals in the energy and insurance sectors.
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previous article Three laws of energy transitions and economic growth
next article Which promotion policy can drive people to install residential rooftop PV systems? -An empirical study based on TAM model
Title
Issues of using parametric insurance (PI) to Taiwan energy-saving performance contract (ESPC): A snapshot
Authors
Yu-Sen Chuang
Hwa-Lin Chang
Publication date
01-01-2025
Publisher
Springer Netherlands
Published in
Energy Efficiency / Issue 1/2025
Print ISSN: 1570-646X
Electronic ISSN: 1570-6478
DOI
https://doi.org/10.1007/s12053-025-10297-2
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