MICRONESIA (FEDERATED STATES OF): FSM Energy Sector Development Project (ESDP)

Meta Data
Draft: 
No
Revision of previous policy?: 
No
Effective Start Year: 
2014
Effective End Year: 
2018
Scope: 
National
Document Type: 
Programme
Economic Sector: 
Energy, Power
Energy Types: 
Power
Issued by: 
The National Government of the Federated States of Micronesia (GoFSM) and the World Bank
Source: 
Department of Finance and Administration (DOFA)
File: 
FSM Energy Sector Development Project (ESDP)
Overall Summary: 
The FSM Energy Sector Development Project (ESDP) aims to improve the efficiency and available capacity of electricity supply, and to strengthen the planning and technical capacities of the state power utilities and the National Government in the energy sector. Project components include: (i) Increasing available generation capacity and efficiency of electricity supply in the state power utilities:(Cost$9.27 M); (ii) National and state energy planning:(Cost $3.40 M); (iii) Technical assistance and project management:(Cost $1.50 M).
Efficiency
EE priorities: 
Component 1: Improvement in efficiency and available capacity of electricity supply – Supports fuel savings by improving the fuel efficiency of power generation equipment and increasing the penetration of renewable energy. Supports performance improvement activities and maintenance plans for the four utilities, including key investments in equipment needed to increase revenues and reduce energy losses.
Governance
National policy structure: 
Component 2: National and state energy planning) – This component finances the preparation of Energy Sector Master Plans for the four FSM states and the development of a National Energy Sector Master Plan. These plans will follow a “whole-of-sector” approach to assess energy needs, taking into account environmental and social assessment findings and safeguard issues. They will also confirm the power infrastructure investments needed in the first five years and, as a second phase, develop feasibility studies and environmental and social impact assessments of the top-priority projects.