Prefeasibility Studies for Wind & Solar Power Plants & Socio-Economic Study to Assess... Tender

Procurement Summary

Country : USA

Summary : Prefeasibility Studies for Wind & Solar Power Plants & Socio-Economic Study to Assess Impact Gender

Deadline : 14 Mar 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 97533952

Document Ref. No. : 0002007042

Competition : ICB

Financier : International Bank for Reconstruction and Development (IBRD)

Purchaser Ownership : Public

Tender Value : Refer Document

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Tender Details

Tenders are invited for Prefeasibility Studies for Wind & Solar Power Plants & Socio-Economic Study to Assess Impact Gender

Djibouti's Vision 2035 outlines an ambitious transition to 100% renewable energy sources by 2035. To achieve this; Djibouti has taken significant steps to restructure its electricity sector; introducing the Independent Producers Act and establishing a national regulator. Furthermore; Djibouti has invested in transitioning its power generation from thermal resources to renewable sources. Currently; up to 70% of Djibouti's electricity supply is imported from neighbouring Ethiopia through the Djibouti-Ethiopia Power System Interconnection; with plans to strengthen this capacity via the World Bank-supported second Djibouti-Ethiopia Power System Interconnection Project. The project has been identified as the most cost-effective option for electricity production (at approximately 6 US cents per kWh) and will contribute to enhancing the electrical grid's stability and the country's reserve margin necessary for facilitating the deployment of renewable energies and reducing the intermittency of renewable energy sources. The project will lower EDD's average electricity production cost; savings that can be passed on to the end consumers. This Technical Assistance (TA) will support setting up a conducive environment for private investors to facilitate renewable energy deployment; and lower the cost of power generation; which will further benefit to end consumers. EDD has expressed its intention to expand renewable energy capacities; emphasizing the enhanced role of wind and solar energy in the power supply mix. They note that the newly operational wind farm capitalizes on wind resources during the summer; a period when the country's demand for power is at its minimum. The overarching objective of this technical assistance aligns with the World Bank's Maximizing Finance for Development (MFD) agenda. It aims to promote investment in Djibouti's abundant solar; wind; and geothermal resources; fostering future Independent Power Producers (IPPs). The World Bank is leveraging synergies between the International Development Association (IDA); and the International Finance Corporation (IFC) to advance energy sector reforms and provide coordinated technical and financial support to attract private capital for commercially viable renewable energy projects (solar; wind; and geothermal). The development of solar; wind; and geothermal projects in Djibouti will need strong regulations in place in the energy sector. The TA will enhance the viability of future off-take agreements for renewable energy projects as PPPs or IPPs through risk-sharing and credit enhancement instruments to cover possible risks that would remain after upstream support.

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