eC2: A Roadmap for Developing the Wholesale Power Market in India.

Deadline: 27-Jul-2019 at 11:59:59 PM (Eastern Time – Washington D.C.) photo-power-plant

The three priority areas that need to be addressed are: increase liquidity in the short-term trade; adequate mechanisms to support integration of large scale variable renewable energy (VRE) and inclusion of frequency control ancillary services (FCAS) in the wholesale market. The Ministry of Power, Government of India, has therefore decided to prepare a Roadmap for Developing the Wholesale Power Market in India with a focus to assess the current power market scenario in India, review of international experience and prepare a phased plan to support the transition of Indian power market. This transition is expected to cover all three facets discussed briefly above, namely, (a) enhance the volume and percentage of trade in the short-term market relative to long-term counterparts while moving from a regulated regime to a near real-time, (b) support the overall objective of increasing the mix of green energy in the grid and optimizing dispatch, and (c) develop co-optimized FCAS market to ensure the market retains the security of the power system. The assignment would also cover design of appropriate financial instruments to support the new market mechanism and replace traditional power purchase agreements (PPA)/Feed-in Tariffs for renewables and the related policy and regulatory changes. The Ministry of Power has requested the World Bank to support this activity.
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Chart: 47 million people are connected to a mini grid

A mini grid is an electric power generation and distribution system that provides electricity to a localized community. Mini grids will be critical in achieving universal electricity access by 2030. According to a new World Bank report “Mini Grids for Half a Billion People: Market Outlook and Handbook for Decision Makers”, mini grids are often the most economically viable solution for remote areas with high population density and demand and where extending the main grid is prohibitively expensive.

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Today, 47 million people are connected to a mini grid.  Afghanistan, Myanmar, India and Nepal have the highest number of mini grids, followed by China, Philippines, Indonesia. Analysis by the Energy Sector Management Assistance Program (ESMAP) shows that by 2030, nearly half a billion people could be connected to a mini grid. 

Mini Grids for Half a Billion People: Market Outlook and Handbook for Decision Makers

STORY HIGHLIGHTS MIniGrids_WebBanner.jpg

  • Mini grids have the potential to provide electricity to as many as 500 million people by 2030, with the right policies and about $220 billion of investment to build around 210,000 mini grids.
  • Over the past decade, mini grid costs have declined significantly, while the quality of service has increased. The per kWh cost of mini grid electricity is expected to decrease by two thirds by 2030.
  • Significantly more mini grids will need to be deployed in the top 20 electricity access deficit countries – from 10-50 mini grids currently deployed each year per country to over 1,600.

eC2: Technical Consultant for a CCGT PPP Project in Uzbekistan

Deadline: 07-Jul-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

IFC is in discussion with the Government of Uzbekistan to be mandated as a lead

U.S. Electricity Output Rose 6.2% From A Year Earlier

transaction advisor for structuring and tendering of a PPP transaction involving financing, construction and operation of a 1,300 MW CCGT in Uzbekistan. IFC scope of work will include (i) legal, technical, E&S and financial due diligence, (ii) defining the transaction structure and preparing the tender documents (including calls for qualifications and proposals, and PPP contractual documentation), and (iii) ongoing support to the client throughout the implementation of the tender process, including any negotiations and discussions with investors.

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eC2: Solar PV generation at Central de Abastos, Mexico

Deadline: 18-Jun-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

Determine viable Business Models for the establishment of a photovoltaic energy solar-wind (CC0) Pixabay-Kenueonegeneration project at the Central de Abastos in Mexico City. This project will include the installation of solar panels and internal interconnection, as well as connection to the public network in common areas (existing ceilings and current roofless parking areas) with the objective of generating clean energy.

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Tracking SDG7: The Energy Progress Report 2019

STORY HIGHLIGHTS trackingsdg7-780-439
  • Global electrification rate reached 89 percent; the number of people without electricity access dropped to around 840 million, compared to 1 billion in 2016 and 1.2 billion in 2010.
  • Under current policies, an estimated 8 percent of global population will not have access to electricity in 2030, 90% of them will be in sub-Saharan Africa.
  • Stronger political commitment, long-term energy planning, increased private financing and adequate policy and fiscal incentives will be crucial to achieve universal access.

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Four Things You Should Know About Battery Storage

The global energy landscape is undergoing a major transformation. This year’s ict_day_card_1Innovate4Climate (I4C) will have a priority focus on battery storage, helping to identify ways to overcome the technology, policy and financing barriers to deploy batteries widely and close the global energy storage gap.

Here are four things about battery storage that are worth knowing.

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New World Bank Fund to Support Climate-Smart Mining for Energy Transition

The World Bank launched the Climate-Smart Mining Facility on May 1st, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles. It focuses on helping resource-rich developing countries benefit from the increasing demand for minerals and metals, while ensuring the mining sector is managed in a way that minimizes the environmental and climate footprint.

 

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