ESCO Fund

ESCO Fair

19 2553
6 2553
27 2553
1

(.)
( )

( ESCO Venture Capital Fund)

2

IEA's Forecast of Incremental World Oil Production over 2000

Economics of Oil Development

Type of Oil
Already produced
OPEC Middle East
Other conventional oil
Deep & ultra deep water
A ti
Arctic
Enhanced Oil Recovery
Heavy oil, bitumen
Oil shale
Gas to liquid
Coal to liquid
Source: IEA

$/bbl
<30
5-30
5-40
30-65
40 100
40-100
30-80
30-70
50-100
50
100
40-120
50-120

(million barrels per day)

30.0
25.0
20.0

Non-conventional
OPEC NGL
Non-OPEC NGL
OPEC crude
Non-OPEC crude

15.0
10.0
5.0
0.0
2007

2015

2030

-5.0
3

IPCC GHG
450 ppm CO2
GHG 2050
50% 1990
Annex-1 25-40% 2020
80-95% 2050
Non-Annex-1 15-30% 2020

GHG 450 ppm CO2

350-400 ppm
GHG
350 ppm CO2
GHG
2015 2050
85% 1990

90% 2050

GHG
GHG

Thailand's Primary Energy Consumption
3,500
3 000
3,000
2,500
kbd coe

2,000
1,500
1,000
500
0
2007

2020

2030

2040

2050

Policy Mechanisms
Cap-and trade systems
Non-binding targets for non-OECD
International sectoral agreements
National policies and measures

EMISSION OF CARBON DIOXIDE FROM FOSSIL FUELS IN 2005

& PRIMARY ENERGY CONSUMPTION (PEC) IN 2007
CO2 Emissions
PEC
Total
Per capita
Per Capita
(M.Tons)
(Tons/person) (Tons/person)
Australia
407
20.24
6.05
USA
5,957
20.14
7.98
Netherlands
270
16.44
5.59
Russia
1,696
11.88
4.85
S.Korea
450
10.27
5.34
Germany
844
10.24
3.77
Japan
1 230
1,230
9 65
9.65
4 06
4.06
UK
577
9.55
3.57
France
415
6.59
4.05
Malaysia
156
6.49
2.39
China
5,327
4.07
1.42
Thailand
234
3.65
1.33
India
1,166
1.07
0.37
World
28,193
4.37
1.72
Source: US DoE and BP

EU Directive for Aviation

Reduction by 3% in 2012 from level in 2004-6
and 5% for 2013-20
Year 2012: 15% auction 82% free allocation
5

(Energy
(E
Effi
Efficiency)
i
)
/

/
/

Renewable Energy, Energy Efficiency

Energy Saving
6

/ (
Cogeneration)

 (Adder)

(Adde )
Adder
(
(/
/ ))

Adder
(
(/
/ ))

Adder 1
(
(/
/ ))

Adder 3

(/)

()

- <= 1 MW

0.30

0.50

1.00

1.00

- >1 MW

0.30

0.30

1.00

1.00

- <= 1 MW

0.30

0.50

1.00

1.00

-
>1 MW

0 30
0.30

0 50
0.50

1 00
1.00

1 00
1.00

1.

2.

3. (
)
-

2.50

2.50

1.00

1.00

-
(Thermal Process)

2 50
2.50

3 50
3.50

1 00
1.00

1 00
1.00

- <= 50 kW

3.50

4.50

1.50

1.50

10

- > 50 kW

3.50

3.50

1.50

1.50

10

5.
- 50 kW - < 200
kW
-

< 50 kW

0.40

0.80

1.00

1.00

0.80
0
80

1.50
50

1.00
00

1.00
00

6. 2

8.00

8.00

1.50

1.50

10

4.

1
2

.
8
Adder

1.

Target:
g

2.

Practical Regulation: SPP/VSPP

3.

BOI: / BOI

4.

Soft Loan: revolving fund DEDE

5.

Adder: RE

6.

Investment Subsidy: (/
) off-grid

7
7.

Technical Assistant:

8.

ESCO VC Fund: RE ESCO Venture capital Fund

9.

CDM:

carbon credit
CDM

10. Correct & Sufficient Information:

g
11. DSM Bidding:
12. : Value Engineering (VE)
9

 ESCO Fund

(.)
500 ESCO
Venture Capital Fund
(Fund Manager) .
250
(ESCO;
Energy
gy Service Company)
y)

(EE)
((RE)) /
: /
10

 ESCO Fund
Energy
Conservation
Promotion Fund
500 Million Baht

Fund Manager

ESCO Fund
Investment
Committee

1. E for E (250 Million Baht)

2. ECFT (250 Million Baht)

ESCO Venture Capital

Equity Investment

Equipment Leasing

Carbon Credit Market

Technical Assistance

Credit Guarantee Facility

11

Equity Investment

()

-
- /

10-50%
50
(Major Shareholder)
5 - 7

(Call Option)

(Put Option)

SET / MAI
(Exit Price)

12

ESCO Venture Capital

(ESCO)

(ESCO Fund)

()

(ESCO) 30
50
(Major Shareholder)
5 - 7 ESCO

(Call Option) ESCO

(Put Option)
SET / MAI

(Exit Price)

13

Equipment Leasing

(ESCO Fund)

/
/ ESCO

100%
10
5
4%

(Shared Saving)

(Energy
Saving)

(ESCO Fund)

ESCO

Share Saving

14

Carbon Credit Market

PIN / PDD

ERPA/CDMRevenues

Project
Project
Owner

LoI

ESCOFund

CER
Buyer

.


(Coordinating/ Managing Entity: CME)

PROGRAMMATIC CDM

Project
Owners

CER
Buyer

ESCOFund
15

Credit Guarantee Facility

10
1.75%

5

Credit
Guarantee

(ESCO Fund)

Credit
Guarantee

: .

16

Technical Assistance

(Energy Audit) 100,000

(ESCO Fund)

(ESCO)

17

 ESCO Fund (

(.))

. 109

Equity Investment

54

ESCO venture Capital

Clean Development
Mechanism

Equipment Leasing

52

IC
-

-
-

3
4
7

3
2
3
8

20

Credit Guarantee Facility

39

27

Technical Assistance

52

55

109

*: CDM 1
Technical assistant 1

(ESCO) ESCO
18

15

Chiller
1 ()

Micro Emulsion
1 ()

Voltage Regulator
( 1,
3 )

Solar Water Heating

1 ()

6
( 2 ,
(
3 )

1
()

1 ()
19

(ktoe)

(Micro Emulsion)

0.0016

Chiller

0.0516

Voltage Regulator
3

0.32

Solar Ultra

0.071

0.444 ktoe

(ktoe)

4.5 MWe

2.778

9.9 MWe

5.531

9.9 MWe

6.275

9.9 MWe

6.275

900 kW

0.542

900 kW

0 542
0.542

6.1 Mwe

0.684

9 9 MWe
9.9

5 524
5.524

52 MWe

28.16 ktoe

20

(Equipment Leasing)
((Investment Committee: IC))
.

Carbon Credit

21

ESCO Fund

1.
2
2.
(
(
)
3
3.

variable speed drive, , Voltage regulator,

,

Boiler
22

ESCO Fund
F d

1.
2. Biogas-AD
2.
- (Solar Thermal)
- Chiller, Voltage Regulator, Heat Pump , Boiler
- , Grandcross, (Fuel Switching)23

ESCO Fund
F d


- , , ,
, , ,



- (Solar Thermal)
- Chiller, Voltage Regulator, Heat Pump , Boiler
- , Grandcross,
(Fuel Switching)
- Variable Speed
p Drive
24

25