First Utility-Scale Energy Storage Project: Report and Recommendation of the President

Reports and Recommendations of the President | March 2020

The proposed project aims to install the first large-scale advanced battery energy storage system (BESS) in Mongolia to (i) supply clean peaking power that is charged by renewable energy electricity, which is otherwise curtailed; and (ii) provide regulation reserve to integrate additional renewable energy capacity in the transmission grid. The project will lead to the decarbonization of the heavily coal-dependent energy system in the country.

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated March 2020 is provided for the ADB project 53249-001 in Mongolia.

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