Promoting Sustainable Energy Entrepreneurship in the PICTs - Mafalu Lotolua - PCREEE
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Promoting Sustainable Energy Entrepreneurship
in the PICTs
Mafalu Lotolua
Tuvalu
Background
• In June 2008, the cost of a barrel was at its highest peak, and the
• Tuvalu National Energy Policy (TNEP) was born.
- with the Government 100% renewable energy and 30% energy
efficiency target by 2020, and also leads
- to the development of the “RE & EE Master Plan” for the
Electricity Sector.
• The existing Government has extended the target dateline to 2025
2
RE Space
No Island Technology PV Capacity Batt. AH
(kW)
1 Funafuti Solar PV grid-connected 756 Nil
2 Vaitupu, Niutao, Solar PV mini-grid 1,042 159,000
Nanumaga and Nanumea (410,232,205, (60,000,36,000,
195) 33,000,30,000)
3 Nukulaelae, Nukufetau Solar PV mini-grid 182 46,020
and Nui (45,77,60) (12,228,18,432,
15,360)
4 Amatuku, TMTI Solar PV mini-grid 8 2,000
5 Niulakita and Funafala Standalone Home System
(SHS)
6 Motufoua Solar PV mini-grid 46 12,000
• Funafuti – 756kWp installed capacity
(Controlled (SMA Fuel Saver)– 436kWp and Uncontrolled – 320kWp)
• Outer islands – 1,270kWp PV installed capacity
• Share of RE in the Generation mix – 29% 3
Energy Efficiency Portfolio
No Activity Progress Development Partners
1 Energy Efficiency Act Endorsed by Parliament in Australian Govt. through
April’16 PALS Programme with
SPC
2 RE & EE Low Carbon Fund Launched end of June’16 GEF through IUCN
Initiative
3 RE&EE Demo Fale Inaugurated March 2017 SIDS Dock through
UNDP
4 Prepayment Meters Finalizing Specifications World Bank
5 Window Tinting for Govt. Yet to start World Bank
Main Office building
6 Replacing of container Yet to start World Bank
refeers with Cool Rooms
4
BAU vs RE & EE
3,000,000
2,500,000
2,000,000
1,500,000 BAU
REEE Master Plan
1,000,000
500,000
-
2012 2014 2016 2018 2020 2022
5
Tuvalu Electricity Corporation (TEC) involvement with
the Private Sector
• TEC involved with all renewable energy projects and the Energy
department with policies
• TEC has been directly involved in securing funds to provide a conducive
environment for the Private Sector in RE & EE
• Funding secured so far:
o GEF-5 US$110K- under the project Low Carbon Fund, is now
implementing.
o GEF-6 US$320K - under the project “Facilitation of the Achievement of
Sustainable National Energy Targets of Tuvalu
(FASNETT)”, will soon implement.
6
Private Sector Development in Tuvalu
• Under the Tuvalu National Strategy for Sustainable Development 2016-2020 (Te
Kakeega III):
o Stresses the importance of the Private Sector and have a set Goal of “ To be
the engine of economic growth, employment and export trade”
• Last month of September’17, consultation works begin with the aim in developing
the “Tuvalu Private Sector Development Plan (TPSDP) 2017-2019”
• Tuvalu National Private Sector Organisation (TNPSO)
o Office – manned by 2 x Permanent Officers and 2 x Temporary Officer
o >100 registered members
o To become a members, need to register with the Organisation.
• Government annual grant - $30K
• Member of the PIPSO
• Directly linked to the Government Business Centre
o Offered advisory role to all entrepreneurs, if needed
7
RE & EE Entrepreneurs
• None, that is directly linked to RE & EE but have the potential to
diversify their businesses:
• We have;
o 2 x registered refrigeration and air-conditioning business, and
o 2 x registered electrician, mainly doing domestic and commercial
wiring.
8
Existing RE & EE Legal Framework
• Tuvalu National Energy Policy (TNEP) 2009
• 10-Year Master Plan 2012
• The Energy Efficiency Act approved by
Parliament in 2016
o Energy Efficiency appliance to be regulated
under the act:
3.5- stars refrigerator and chest freezers
4- stars for washing machine
T8 & T5 LED Lights
Air-conditioning unit
9
Existing Opportunities for Private Entrepreneurs
• Government Credit Guarantee Scheme
o Providing a conducive environment for
entrepreneurs
o How the scheme works:
Wide consultation had been done around
the country:
- Participant attended, were issued with a
certificate
- With the certificate, you can access to
the scheme
Partnership in guaranteeing the Loan:
- 50% Government
- 30% DBT
- 20% Borrower
10con’t
• Low Carbon Fund Initiative for RE & EE
o Funded by the GEF-5
o Capital investment – USD$110K
- 80% disbursed
- 20% still retained, awaiting submission of
Q2/Q3 financial report
o Managed and Operated by the Development
Bank of Tuvalu (DBT)
o Targeted EE Appliances included:
- 3.5 - stars for refrigerator and chest freezers,
- 4 - stars for washing machine,
- LED Lights – T8 & T5, and
- Solar water pump
11con’t
• How it works
o Subsidy
10% subsidy of the asset value and 3% interest rate
Term of repayment – 2-3years
o Refund
Purchase of the EE appliance mentioned above, 25% of the
asset value will be refunded.
o Business Loan
Maximum of AUD$30K
Selling Price for the EE appliance is to be the same as the price
of the appliance at the country where the item is bought.
- No Public interest with the initiative
12Additional Opportunity for RE & EE Entrepreneurs
• The project “Facilitation of the Achievement of
Sustainable National Energy Targets of Tuvalu
(FASNETT)”
o Secured US$2.6million from GEF-6
o >US$300K towards the existing Low Carbon
Fund
- Financial incentive mechanism for
replacement program for old, inefficient
household and commercial appliances and
equipment, e.g. refrigerators, freezers,
lights, and other major electricity-
consuming devices to more efficient
models through incentives and rebate
schemes.
13Barriers in establishing RE & EE Entrepreneurs
• Public attitude towards energy conservation
and application of RE in people’s daily social
and economic activities.
• Low level of knowledge of opportunities and
obstacles to the application RE technologies for
productive and social uses
• Lack of policies regarding financial/fiscal
incentives that would encourage private sector
(local and/or foreign) capital in sustainable
energy projects in the country
• Limited initiatives for the general public and
private sector to implement RE & EE projects
• Lack of Space
14Way Forward
• Net Metering Policy
• Surveying of households/commercial
rooftop
• Aggressive Awareness Programme
• Energy Act
• Provide initiative for the Private sector
and the general public
• Changing of existing guidelines and
procedures for the business loan scheme
under the Low Carbon Fund Initiative.
15Some Innovative Ways to Install PVs
Natural bond - potential for
floating PV’s system and
can accommodate 2MW
capacity
Space can be used for parking/recreation
• Under the FASNETT Project 100kWp of floating Floating Solar Power Plant for the Sea at Maldives
PV capacity will be piloted in the natural bond 1617
You can also read
