Search result for: Climate Change

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Tracking SDG 7 : The Energy Progress Report 2020

Tracking SDG7: The Energy Progress Report provides the international community with a global dashboard to register progress on the targets of Sustainable Development Goal 7 (SDG7): ensuring universal energy access, doubling progress on energy efficiency, substantially increasing the share of renewable energy, and enhance international cooperation to facilitate access to clean and renewable energy by 2030. It assesses the progress made by each country on these targets and provides a snapshot of how far we are from achieving SDG7. The report is a joint effort of the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), United Nations Statistics...

Creation Date: 10 Mar 2022 | | | |

Improving the Investment Climate for Renewable Energy Through Benefit Sharing, Risk Management, and Local Community Engagement

The report, a joint effort between the World Bank’s Social Development Global Practice and International Finance Corporation (IFC) advisory services, is based on the idea that local engagement, for example, through benefit sharing, is an important way for better risk management and creating a more enabling environment for renewable energy development. It finds that the underlying causes of the conflicts are diverse, complex, and dynamic: influencing factors include historical struggles over poverty and inequality, land ownership, mistrust in public and private institutions, a lack of free, prior and informed consultations (FPIC) before investment flows into the region and oftentimes a...

Creation Date: 10 Mar 2022 | | |

Compensation Devices to Support Grid Integration of Variable Renewable Energy

This technical guide is the second in a series of four technical guides on variable renewable energy (VRE) grid integration produced by the Energy Sector Management Assistance Program (ESMAP) of the World Bank and the Global Sustainable Electricity Partnership (GSEP). It focuses on the main functionalities, differences and benefits of various compensation devices that can be employed to increase system transfer capacity, system stability, power quality and flexibility to cope with increasing penetrations of renewables in the system. The applications of FACTS devices are associated with four essential technical enhancements of system capacity, system reliability, power quality and system controllability....

Creation Date: 28 Mar 2022 | | | |

Sustainable energy, transportation, and resilience in the Caribbean

The Caribbean Forum on Energy, Transport, and Resilience was held at the Bay Gardens Hotel, Rodney Bay, Saint Lucia, from June 26 to 27, 2019. It was hosted by the Organization of American States (OAS) and the Government of Saint Lucia, with support from the Organisation of Eastern Caribbean States (OECS) Commission. With the objective of exploring new technologies and combining them with existing regional experiences in sustainable urban development, the event had an overall goal to design a roadmap for the Caribbean smart cities of the future. The forum sought to further public-private exchanges among governments, energy and transportation...

Creation Date: 17 Jan 2022 | | | |

Stronger Power : Improving Power Sector Resilience to Natural Hazards

The power sector is both highly vulnerable to natural hazards and a priority for any country'srecovery and reconstruction. After Hurricane Maria in Puerto Rico in 2017, most of the power gridwas down. One year and tens of billions of dollars later some customers were yet to be reconnected to the main grid. This type of long and widespread power outage has major consequences on people's health and well-being, for instance through lacking access to refrigeration for food and medicine, and on the ability of firms to produce and provide people with goods, services, jobs, and income. In most countries, the...

Creation Date: 28 Mar 2022 | | | |

Natural Gas and the Clean Energy Transition

In the clean energy transition, the value of natural gas infrastructure is very important for operating the energy system. Gas-fired power plants contribute to optimized energy systems when they are designed to operate flexibly, responding to demand patterns and the variable supply of renewable energy. Smart electricity grids, renewable energy, battery storage technology, and gas-fired power plants in combination will generally be the lowest cost, low-carbon solution to the growing energy requirements of emerging markets. Private investors and financiers are responding to these opportunities, but the full potential will only be reached with improvements in policy, regulation, and procurement in...

Creation Date: 28 Mar 2022 | | | |

Energy Sector Management Assistance Program : Annual Report 2018

ESMAP’s Annual Report 2018 represents a comprehensive summary of the breadth and reach of ESMAP’s portfolio of activities. It provides snapshots of concrete results to illustrate the impact of ESMAP’s work as it helps countries strengthen the performance of their energy sectors. In 2018, ESMAP informed USD 8.6 billion in World Bank development financing and mobilized USD 7 billion in external financing. ESMAP also launched and disseminated key knowledge products to help shape global energy policy, trigger reform, and increase smart investments in the sector. Keywords: mini grid; offshore wind; poverty and social impact analysis; Access to Electricity; Clean Technology...

Creation Date: 28 Mar 2022 | | | |