Search result for: RE Finance

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Success Factors for RE&EE Proposal Writing (TA/Donor Projects)

General recommendations An Association of Electric Energy Solution Providers. ✓ Use short and straight-forward sentences ✓ Make use of graphs and tables to describe problems, strategies and key messages ✓ Back-up statements and assumptions with facts and figures and cite sources properly ✓ Check donor specific Project guidance/tools, templates (EU Capacity4dev, GIZ Capacity Works, NAMA facility, etc.) and procurement guidelines (→ high diversity in details) ✓ Consider relevant differences: Consultancy services vs grant agreements ✓ Clarify required scope of Project analysis and strategy. Test for Upload. Edit to test re-indexing settings.

Creation Date: 24 Apr 2023 | | |

Planning Models for Electricity Access : Where Do we Go from Here

Well-integrated planning models can help cover the whole planning spectrum - from the national level down to granular distribution at the village level. Integration of models is critical to ensure that investment plans are realistic and accurately reflect the costs that utilities face in practice. The foregoing review of power system planning models and sophisticated stand-alone geographic information systems (GIS) - based models suggests the following questions: is there a need to bring the two paradigms closer? If so, do analytical frameworks exist to accomplish the task? Key word: technology need; increase in energy consumption; Access to Electricity; power system...

Creation Date: 30 Jun 2022 | | | |

Using Forecasting Systems to Reduce Cost and Improve Dispatch of Variable Renewable Energy

This technical guide is the fourth 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 provides guidance on the role and benefits of forecasting as a cost-effective operational solution to manage the uncertainty of VRE generation and facilitate the integration of larger shares of these resources in the energy mix. The guide focuses primarily on the types of forecasting methods and how physical and statistical models are used for developing short- to long-term forecasts....

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 | | |

Demystifying the Costs of Electricity Generation Technologies

The levelized cost of electricity is the most common indicator used to compare the cost competitiveness of electricity-generating technologies. Several studies claim that some renewable energy technologies, particularly utility-scale solar photovoltaic and onshore wind, are cost-competitive with fossil fuel–based technologies. However, there is no consensus on this point considering the wide variations in factors that influence the levelized costs of electricity across countries and technologies. This study calculates more than 4,000 levelized costs of electricity for 11 technologies, varying key input variables. The study shows that the levelized costs of electricity for renewable electricity technologies, except concentrated solar and offshore...

Creation Date: 21 Feb 2022 | | | |

Economic Analysis of Battery Energy Storage Systems

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...

Creation Date: 18 Feb 2022 | | | |