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完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 胡星陽(Shing-Yang Hu) | |
dc.contributor.author | Brodie Furgeson | en |
dc.contributor.author | 柏帝傅 | zh_TW |
dc.date.accessioned | 2021-06-17T00:27:40Z | - |
dc.date.available | 2012-03-19 | |
dc.date.copyright | 2012-03-19 | |
dc.date.issued | 2012 | |
dc.date.submitted | 2012-02-15 | |
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dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/66259 | - |
dc.description.abstract | The primary purpose of this research is to analyze Samsung C&T’s decision to invest C$7 billion by signing the Green Energy Investment Agreement with the Province of Ontario in its first foray into the Renewable Energy sector. An array of analytical techniques was employed including Political, Economic, Social & Technological (PEST) Analysis, the Discounted Cash Flow model, and Real Options Analysis. The research finds that this investment decision, while it does carry significant political and regulatory risk due to reliance on Feed-in Tariff subsidies, does indeed have financial and strategic merit. The project was estimated to have a positive NPV, the Real Options Analysis revealed several valuable options, and the downside risks can likely be mitigated by Samsung C&T and partners. A notable finding is that should the company successfully complete the project and develop competence in Renewable Energy project development, it will serve as a long-term growth option while providing a hedge against its traditional fossil fuel and nuclear-based businesses. | en |
dc.description.provenance | Made available in DSpace on 2021-06-17T00:27:40Z (GMT). No. of bitstreams: 1 ntu-101-R98749066-1.pdf: 4619069 bytes, checksum: d025c5e123c69fff10130833d7768976 (MD5) Previous issue date: 2012 | en |
dc.description.tableofcontents | 1. Introduction 1
2. Background: Wind and Solar PV Power Generation Economics 2 2.1. Generation plant costs: Wind and Solar PV 2 2.2. Transmission Costs: Wind and Solar PV 4 2.3. Cost of Capital: Wind and Solar PV 4 2.4. Taxes and Subsidies: Wind and Solar PV 4 2.5. Ontario Feed-in Tariff Program 5 2.6. Wind and Solar PV Cost Structures 6 3. Review of Literature on Financial Analysis of RE Projects 8 3.1. The Capital Asset Pricing Model 12 3.2. Discounted Cash Flow Model 13 3.3. Real Options Analysis (ROA) 14 4. Statement of Research Question 17 5. Methodology 19 5.1. General Methodology 19 5.2. Analytical framework 19 6. Case Description 28 6.1. Renewable Energy in Ontario 28 6.2. Samsung C&T 32 6.3. The Green Energy Investment Agreement 33 6.4. Development of a Wind or Solar PV farm in Ontario 36 7. Case Analysis and Discussion 37 7.1. Strategic Analysis 37 7.2. Financial Analysis 48 7.3. Discussion of Analysis Results 79 8. Research Conclusions 83 8.1. Conclusions and Discussion of Limitations 83 8.2. Suggestions for further study 84 References 85 Appendices 94 | |
dc.language.iso | en | |
dc.title | 安大略及三星綠能投資協議之財務分析 | zh_TW |
dc.title | A Financial Analysis of the Ontario Green Energy Investment Agreement with Samsung C&T | en |
dc.type | Thesis | |
dc.date.schoolyear | 100-1 | |
dc.description.degree | 碩士 | |
dc.contributor.oralexamcommittee | 陳明賢(Ming Shen Chen),陳業寧(Yehning Chen) | |
dc.subject.keyword | 綠能,風,太陽能發電,財務分析,三星,安大略, | zh_TW |
dc.subject.keyword | renewable energy,wind,solar pv,financial analysis,samsung,ontario, | en |
dc.relation.page | 123 | |
dc.rights.note | 有償授權 | |
dc.date.accepted | 2012-02-15 | |
dc.contributor.author-college | 管理學院 | zh_TW |
dc.contributor.author-dept | 企業管理碩士專班 | zh_TW |
顯示於系所單位: | 管理學院企業管理專班(Global MBA) |
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