PACIFIC GEOTHERMAL INITIATIVE

6th MEETING OF THE PACIFIC ENERGY ADVISORY GROUP

16-18 NOVEMBER 2015SPC, NABUA

Context

• Geothermal potential identified in: Fiji, Vanuatu, Samoa, Solomon Islands,

Papua New Guinea, American Samoa, Marianna Islands and Tonga

• Various stages of national and regional geothermal activities since the Mid

90s Regional geothermal survey Feasibility studies and to some extent some exploratory drilling for

some of the identified PICTs

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Rationale • Regional vision of “an energy secure Pacific” and working towards the goal of

a “secured supply, efficient production and use of energy for sustainable

development

• FAESP 2010 – 2020 has identified geothermal energy as one of the potential

renewable energy sources under Theme 3 – Energy Production and Supply

• Geothermal exploration is most of the PICTs is covered under the Minerals

and/or Geological related legislations

• Many PICTs are of volcanic origin and therefore present a significant potential

of economically viable geothermal resources.

Rationale

• Detailed scoping of geothermal potential and supporting each PICT

strengthen their respective institutional capacities:- policy and regulatory enabling environment geo-scientific disciplines in general and geothermal energy projects

SPC – GSD currently hosts the Pacific Geothermal Working Group that

includes PNG, Solomon Islands, Vanuatu, Fiji, Tonga, Samoa, American

Samoa and the Marianna Islands

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CHALLENGES FOR GEOTHERMAL DEPLOYMENT

Absence or the lack of adapted

legislation/policy

Risk management

Land issues

Limited human resources

Lack of awareness on geothermal

Dependence on development assistance

IRENA-GGA’s Proposal: Pacific Geothermal Initiative

• Capacity building and technical assistance initiative for geothermal

development in the Pacific: “Pacific Geothermal Initiative”

• Activities implemented through national steering groups in

collaboration with the Secretariat of the Pacific Community (SPC-GSD,

EDD)

• IRENA, the Global Geothermal Alliance, and other partners to

support activities implementation

A recommended two phased approach

Phase II: Direct technical assistance and training activities

Building capacity at the Institutional, technical

expertise and enterprises levels for an enabling

environment

Definition of pilot projects and building of skills to manage

enabling policies and regulations

Geothermal mining operations, hydro-geological as well as

geothermal research and project implementation

Phase I: Setting-up of steering processes and scoping of needsInstitutionalizing national and regional energy technical committees with the

mandate and the institutional capacity to lead the assessment of needs at the policy, technological and capacity levels.

Simultaneous actions at the regional and national levels

Regional perspective

Promotion of bilateral and multilateral partnerships

regionally and internationally

Policy consensus and capacity building

National perspectiveTechnical assistance and

capacity building to national institutions and industry

partners

Advanced level of geothermal awareness, site identification, exploration

and drilling abilities

Pacific Geothermal Initiative – Actions

Action 1:

Strengthening the National

Steering processes

Action 2:

Strengthening the regional

steering processes

Action 3:

Policy, Technical and Capacity

needs assessment and

partnerships setting

Action 4:

Prefeasibility analysis and

regional geothermal

implementation plan

Action 5: Institutional

technical support to

governments

Action 6:

Education and Training

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Phase 1 Phase 2

Q4 - 2015 Q1 - 2016 Q2 - 2016 Q3 2016 – Q4 2017

The Global Geothermal Alliance (GGA)

• The Global Geothermal Alliance (GGA) brings together leading

geothermal countries as well as several private and public partners

• GGA to help with the coordination of global efforts for the

improvement of: Geothermal exploitation Mitigating risks Addressing the awareness Targeted capacity building Project identification and support needed by countries

• IRENA hosts the GGA secretariat

IMPLEMENTATION PARTNERS

GGA MEMBERSHIP AS OF 12 NOVEMBER 2015

MEMBER COUNTRIES

• Africa:       Burundi, Djibouti, Egypt, Kenya, Uganda, Tanzania, Zimbabwe• Asia:         Indonesia, Malaysia, Pakistan, Philippines• Europe:    France, Iceland, Poland, Turkey  • America:  Bolivia, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras,

Mexico, Nicaragua, Peru• Small islands:    Fiji, Saint Vincent and the Grenadines, Tonga, Papua New Guinea,

Vanuatu PARTNER INSTITUTIONS

• Development partners: African Development Bank (AFDB), African Union Commission (AUC), Inter-American Development Bank (IDB), Eastern Africa Power Pool, International Renewable Energy Agency (IRENA), New Partnership for Africa’s Development (NEPAD), Nordic Development Fund, Southern African Power Pool, United Nations Environment Programme (UNEP), World Bank – Energy Sector Management Assistance Program (ESMAP)

• Industry: European Geothermal Energy Council, International Geothermal Association

• Geothermal research institutions and academia: Andean Geothermal Centre of Excellence of Chile, Serbian Geological Society, Energy Institute Hrvoje Pozar

SUPPORTING TOOLS AND PLATFORMS

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Renewable energy project facility now open for applications!The International Renewable Energy Agency (IRENA) and Abu Dhabi Fund for Development (ADFD) Project Facility online portal is now open to receive applications for funding in the fourth project selection cycle.

For each cycle, the joint facility provides a total of around USD 50 million and USD 5 to USD 15 million per project, covering up to 50% of the project costs. The joint facility offers this finance at rates from 1% to 2% with a 20-year loan period, including a 5-year grace period.

Projects seeking funding need to be sustainable, replicable, scalable, innovative and transformative, in line with government priorities and backed by a government guarantee.

Deadline for online submission of applications for the fourth annual funding cycle is 15 February 2016, 17:00 GST (Abu Dhabi time).

For more information about the project facility, please refer to this information note, visit http://www.irena.org/adfd or contact adfd@irena.org

You are encouraged to forward this information to stakeholders that may be interested in applying to the IRENA/ADFD Project Facility.

IRENA-ADFD FACILITY

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PROJECT NAVIGATOR

Sustainable Energy Marketplace www.irena.org/marketplace

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Marketplace

Project Owner CProject Owner BProject Owner A

Project 3Project 2

Project 1

Project 6Project 5

Project 4

Project NProject 8

Project 7

Private Equity

Commercial Banks

Utilities Industrials / IPP

Public FinanceECAs

GuaranteeLoanMezzanineEquity Grant

Service providers

Technical

Financing

EPC, O&M

Legal

GovernmentsProjects

ExpertiseEnabling

environment, facilitation

Financing

Enabling frameworks

Investment opportunities

Country level facilitation

Other

GLOBAL RENEWABLE ENERGY ISLANDS

NETWORK

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http://irena.org/globalatlasActivities under the SIDS LHI

http://grein.irena.org/default.aspx

GLOBAL ATLAShttp://irena.org/

globalatlas

OTHER TOOLS AND DATABASES

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IRENA RESOUCEhttp://resourceirena.irena.org/gateway/

http://www.iea.org/policiesandmeasures/renewableenergy

/

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• 120 megawatts (MW) of new renewable energy deployment and all

participating SIDS to have renewable energy roadmaps by 2020.

• Facilitates and coordinates access to resources required by SIDS to

transform their fossil fuel based power sectors to renewable energy

through partnerships with development partners

• SIDS partners in the AIMS, Caribbean and Pacific regions, gain access

to: Policy and regulatory advisory services Technical expertise in planning, identifying, structuring, and executing

projects Financing for capacity building, policy and regulatory design, early stage

transaction, and project financing Network to share information, knowledge and practices with other members

VINAKA VAKALEVU

Arieta Gonelevu RakaiProgramme Officer, Islands IRENA Headquarters, Masdar City | P.O. Box 236 | Abu Dhabi, United Arab Emirates | Tel: +97124179995 | Mob: +97156 538 8243 | ARakai@irena.org | www.irena.org