Concentrated Solar Power is the greatest energy technology you have probably never heard of. While it may not be as widely known as other renewable energy sources, there’s no doubting its potential - the International Energy Agency estimates that up to 11 percent of the world’s electricity generation in 2050 could come from CSP.
And this week in Morocco, the King, His Majesty Mohammed VI, is officially opening the first phase of what will eventually be the largest CSP plant in the world – the same size as Morocco’s capital city Rabat. I congratulate Morocco for taking a leadership role that has placed it on the frontlines of a revolution that is bringing low-carbon development to emerging and developing economies worldwide.
In collaboration with the World Bank and the African Development Bank, the CIF has already provided US$435 million into this three-phase Noor CSP complex in Morocco.
Sub-Saharan Africa continues to suffer from a major energy deficit, with hundreds of millions of people lacking access to electricity and clean cooking fuels. There is a great need for innovative mechanisms that can help families access clean and affordable energy. The Carbon Initiative for Development (Ci-Dev) is one such mechanism.
A $125 million fund with a pipeline of 14 pilot projects in Africa, Ci-Dev will help improve living standards and sustainable energy through results-based finance. Along the way, it will generate valuable lessons in how reducing greenhouse gas emissions can generate tangible development benefits for local communities, like cleaner air, improved safety, and financial and time savings.
These lessons can help in the delivery and scale up of innovative climate finance business models.
To discuss some of the key infrastructure challenges faced by its client countries, the World Bank recently hosted its first International Conference on "Sustainable Development through Quality Infrastructure” in Tokyo, Japan. But what exactly do we mean by "quality infrastructure", and what role can it play in creating resilient, sustainable cities?
It is a year since I blogged about my early impressions of the Inspection Panel and specifically a complaint from a Maasai community that was resettled to accommodate a geothermal plant in Kenya.
Since then I have heard variants of the question: Do accountability mechanisms make a difference? In this case, I believe the Inspection Panel has made a positive contribution. But the ultimate test of the effectiveness of the Bank process, of which the Panel is only one part, must be the redress of any harm caused. Signs are encouraging, and we shall see.
We submitted our investigation report in early July. The Board meeting in October resulted in a clear direction for the future (see press release). This was followed by the Panel’s debriefing of the community and other stakeholders in Kenya.
As we analyzed the facts it became clear the Bank had failed to bring to bear its rich experience with resettlement and the full force of its safeguard policies. This had negative repercussions for many of the project-affected people, especially the poor and vulnerable.
In a nutshell, the requirement to engage resettlement expertise was not met, consultations were hampered by the absence of Maa language and by sidelining the traditional Maasai authority structure, and there was no effective monitoring against a comprehensive socio-economic baseline. We also highlighted many positive aspects, including the climate-neutral generation of electricity and the investment in new infrastructure for schools and dwellings in the resettlement area.
A new assessment of energy use in Nairobi and Accra shows that measuring and sharing data would improve life for people in both capitals by increasing energy access and efficiency.
The key is access to information. Releasing energy information such as data on power networks, energy usage and on the potential to switch to renewables could mean more efficient development and improved services for consumers. Access to data could bring many positive changes. It could speed up private sector and civil society engagements in the energy sector. For example, wind power companies could benefit from digital power network and wind resource data to find new markets. Or NGOs providing solar lamps for students could better target their operations by getting access to maps of off-grid communities and schools.
When I started working on energy access and biomass in Mozambique in 2007, the concept of “open data” wasn’t even on my radar. But the practical implications of not having that information was an everyday frustration. My colleagues in the Ministry of New and Renewable Energies and I would spent days searching for numbers we needed on basic trends, like key information on charcoal prices, with little success. For urgent needs, we would spend considerable amounts of time visiting line-ministries and other partners to see if we could pool our talents to come up with somewhat accurate data. And this was for truly basic information, for a picture, say, of biomass consumption in Sofala province, or a number for improved cookstoves in use across Mozambique. Back then, we couldn’t even imagine a national online portal that would publish all our missing data points in an easily accessible format. But the high cost of data gaps were apparent even then.
But with the new International Infrastructure Support System (IISS) - a digital platform that supports project preparation -. I’ve been involved in IISS’s development for last six years and I’m inspired by this platform’s achieving transparency, efficiency and quality in infrastructure PPPs, and traditional procurement, is within our reach. Through it, we will be able to deliver more quality-infrastructure faster and improve people’s quality of life across the globe. potential to transform the way infrastructure projects are prepared, financed and delivered
The World Bank's forecast for the average oil price in 2016 is $37 per barrel. Commodity Markets Outlook provides a quarterly analysis of international commodity markets, and the oil forecast reflects factors including a slowing global economy, high oil inventories and unchanged OPEC policy prioritizing market share.
With electricity, children can study at night, women can walk home more safely on well-lit streets, and businesses can stay open well past dusk.
However, Governments and electric utilities around the world are mobilizing vast sums of money to close the access gap, especially in rural areas that are home to those lacking electricity.
So, how can we determine and identify who has electricity and who doesn’t? What if we had the technology and tools to help us see lights from space every night, for every village, in every country? We could then closely monitor progress on the ground. We could even plan and optimize policies and interventions in a different manner.
Tunisia faces some tough choices for meeting its future energy needs as the domestic production of gas is expected to start declining by 2020. Should it import more piped gas from Algeria or liquid natural gas (LNG) from the international market? Should it build an electricity interconnector to Sicily that would enable it to tap into southern Italy’s power surplus? Or should it start importing coal for electricity production?