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May 15, 2023

Renewable Energy Storage for PICs

Delphos completes World Bank-commissioned study on BESS PPPs in Pacific Island Countries (PICs).  Delphos led the study, “Developing Renewable Energy Storage Systems for the Pacific Island Countries”, working with the Hawaii Natural Energy Institute (HNEI).

The PICs have adopted policies to dramatically increase the share of variable renewable energy (VRE) in their energy mix.  This necessitates the deployment of Battery Energy Storage Systems (BESS), which are useful to ensure power system stability and power availability, in small power systems (such as those in the PICs) with high VRE penetration. Considering that VRE and BESS are capital intensive and most utilities in the region cannot afford significant outlays,  the mobilization of private capital for BESS investments through Public Private Partnerships (PPPs) is essential.  The World Bank, with financial support from the Public-Private Infrastructure Advisory Facility (PPIAF), and in consultation with the Pacific Power Association, commissioned the study to (i) review the regional policy framework, recommend appropriate PPP structures and make technical recommendations; (ii) provide technical / commercial assessments and develop a regional strategy for BESS procurement and PPP structuring, including procurement guidance; and (iii) design PICs’ BESS development roadmaps. The full report can be found here.

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