Foxwell Power (FWP) Leads with ESCO Services to Achieve 40-50% Energy Savings

The Executive Yuan recently approved the Ministry of Economic Affairs' "Deep Energy Conservation Promotion Plan," which plans to invest NT$35.3 billion from 2023 to 2027 to enhance energy efficiency and drive NT$326.6 billion in energy-saving investments. Shinfox Energy's energy technology service brand subsidiary, Foxwell Power (FWP), has pioneered the launch of an Energy Service Company (ESCO) deep energy conservation program, tailored to help various enterprises achieve 40-50% energy savings, supporting both businesses and the nation in reaching significant energy efficiency goals.

FWP stated that the deep energy conservation services cover areas such as lighting, air conditioning, compressed air, power energy management, and process systems. It also established a visualized energy management system to help companies achieve high-efficiency energy savings. This system enables companies to precisely manage electricity usage, leading to reduced carbon emissions, lower energy consumption, improved efficiency, and ultimately, lower electricity costs.

Supported by the Ministry of Economic Affairs, the ESCO plan is expected to save 2.5 GW of electricity by 2028, equivalent to the entire power generation of Maanshan Nuclear Power Station (Unit 3). FWP pointed out that many traditional or small and medium-sized enterprises delay replacing outdated equipment due to unclear investment cost-effectiveness, affecting energy-saving outcomes. The plan aims to replace outdated equipment with energy-efficient appliances, anticipating a 40-50% energy-saving efficiency, with an expected output of 1 GW to 1.2 GW in energy savings by the end of next year.

The energy-saving measures promoted by ESCO often integrate energy-saving technology with financial planning through an "Energy Saving Performance Contract" (ESPC), providing customized service projects for clients. FWP highlighted a recent successful case where a company achieved 50% energy-saving efficiency through professional assessment and equipment replacement, far exceeding the industry average. The company emphasized that by establishing an energy management system, businesses can effectively monitor electricity usage in real time and successfully meet net-zero carbon reduction targets.。