Micronesia, Federated States of: Strengthening the Energy Sector Regulatory Framework

Sovereign Project | 44472-012

Summary

The proposed TA will directly support (i) key reforms identified in the National Energy Policy 2010 to support the expansion of renewable energy generation, and (ii) the expansion of private sector investment in the energy sector.

Support for the energy sector is a key component of the ADB Country Strategy and Program (CSP) in FSM. The proposed TA in included in the Country Operations and Business Strategy (COBP) 2012-2014.

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Project Name Strengthening the Energy Sector Regulatory Framework
Project Number 44472-012
Country Micronesia, Federated States of
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8230-FSM: Strengthening the Energy Sector Regulatory Framework
Technical Assistance Special Fund US$ 500,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Private sector development
Sector / Subsector Energy - Energy sector development and institutional reform
Gender Equity and Mainstreaming
Description

The proposed TA will directly support (i) key reforms identified in the National Energy Policy 2010 to support the expansion of renewable energy generation, and (ii) the expansion of private sector investment in the energy sector.

Support for the energy sector is a key component of the ADB Country Strategy and Program (CSP) in FSM. The proposed TA in included in the Country Operations and Business Strategy (COBP) 2012-2014.

Project Rationale and Linkage to Country/Regional Strategy This policy and advisory technical assistance (PATA) is intended to strengthen the energy sector regulatory framework to create a better enabling environment for long term investments in renewable energy. The desired outcome of the TA is an improved management of renewable energy investments. The TA will contribute to achieve the policy goal set by the FSM government to generate 30% of the electricity from renewable energy sources by 2020. The Government has approved the impact, outcome, outputs, implementation arrangements, cost financing arrangements, and terms of reference
Impact Improved enabling environment for renewable energy investment
Project Outcome
Description of Outcome Improved management of renewable energy investments
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

(i) Options to improve the existing regulatory framework are developed.

(ii) Options to increase investments in renewable energy under new regulatory models are developed.

(iii) Model contracts to account for independent generation are designed

Status of Implementation Progress (Outputs, Activities, and Issues) Project has ended, completed in August 2014.
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design The technical assistance was developed in consultation with a wide range of stakeholders. Consultations involved National- and State-level representatives.
During Project Implementation The TA will rely on extensive stakeholders' consultation to develop a solid and implementable regulatory framework for accelerating investment in renewable energy and improve investments' long term planning.
Business Opportunities
Consulting Services Consulting services will be required to implement the TA. A total of 25 person-months (15 person-months for international experts, and 10 person-months for one national expert) will be provided including regulatory, legal, financial, and engineering expertise as detailed in the Terms of Reference at Appendix 3. The implementation period will be 19 months beginning in February 2013 with completion expected in August 2014. The consultants will be engaged by ADB through the quality and cost based selection method (90:10 quality-cost ratio) in accordance with the Guidelines on the Use of Consultants (2010, as amended from time to time).
Responsible ADB Officer J. Michael Trainor
Responsible ADB Department Pacific Department
Responsible ADB Division Transport, Energy and Natural Resources Division, PARD
Executing Agencies
Department of Resources and DevelopmentP.O. Box PS 12, Capital Station
Palikir, Pohnpei
FM 96941, Federated States of Micronesia
Timetable
Concept Clearance 19 Oct 2012
Fact Finding 22 Oct 2012 to 26 Oct 2012
MRM -
Approval 03 Dec 2012
Last Review Mission -
Last PDS Update 28 Nov 2014

TA 8230-FSM

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
03 Dec 2012 28 Dec 2012 28 Dec 2012 31 Aug 2014 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
500,000.00 0.00 0.00 0.00 0.00 0.00 500,000.00 03 Dec 2012 483,737.89
Title Document Type Document Date
Strengthening the Energy Sector Regulatory Framework Technical Assistance Reports Dec 2012

Safeguard Documents

See also: Safeguards

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Evaluation Documents

See also: Independent Evaluation

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