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...
Offshore wind—harvested by turbines anchored in the ocean - can provide a large scale, affordable renewable energy source allowing the shift away from coal and fossil-based power in many regions by 2050. The transition to more renewable energy would allow climate change mitigation, energy security, reducing the dependency on fossil fuel imports, local air pollution, and creating new jobs. The Rising Tide of Offshore Wind is in a series of publications by the International Finance Corporation, a member of the World Bank Group.
Battery technology is evolving at a breathtaking pace. As performance improves and costs fall, batteries are already critical for consumer electronics, such as mobile phones, and are paving the way for the electric vehicle market. The battery revolution doesn’t end there. Battery systems are also transforming intermittent renewable energy - such as solar and wind - by making them much more financially attractive. Investors are taking notice. But while the versatility of batteries makes them attractive, it is difficult to determine their economic value. Understanding where and why batteries are most successful remains challenging, as each situation is different based...
The recent advances in battery technology and reductions in battery costs have brought battery energy storage systems (BESS) to the point of becoming increasingly cost-effective projects to serve a range of power sector interventions, especially when combined with PV and where diesel is the alternative, or where subsidies or incentives are used. Quantifying the economic impact of BESS requires a high level of temporal granularity in the analysis, because the time-steps required for a reliable assessment of costs and benefits are much shorter than the usual annual time steps of many power sector investment projects. In short, there is as...
Keywords: small island developing states, Rewnewable Energy, Climate Change, Adaptation
This report provides a brief overview of the role of energy storage against the background of current trends in power systems with a particular emphasis on developing countries. It introduces the different ways in which storage can help meet policy objectives and overcome technical challenges in the power sector, it provides guidance on how to determine the value of storage solutions from a system perspective, and discusses relevant aspects of policy, market and regulatory frameworks to facilitate storage deployment. The document is intended to highlight relevant issues, provide guidance to policymakers and regulators in this relatively new area and identify...
The Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) invited colleagues from utilities, regulatory bodies, regional universities (lecturers and graduate students) and development partners to join us for a capacity building session focused on data collection. Prerequisites: BSc in Engineering/Relevant Discipline, or Experience in the Energy Industry Course Learning Outcomes: Understanding of the data required to complete an IRRP and the relevance of the data to the process Course Length: 2 hours (1:30 p.m. – 3:30 p.m. AST) Course Content: Weather and climate data, grid data, risk, vulnerabilities, power system data etc. This video is a complete recording of...
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....
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