PREP Highlight: Scaling-up Renewable Energy Program (SREP) - Revision history

Wiki Gardener at 11:48, 13 February 2015

2015-02-13T11:48:01Z

Ranisha at 14:56, 28 July 2014

2014-07-28T14:56:31Z

Ranisha at 13:32, 17 July 2014

2014-07-17T13:32:20Z

Fungai Cecilia Sandamu at 12:24, 24 April 2013

2013-04-24T12:24:43Z

Wiki Gardener at 09:46, 19 October 2012

2012-10-19T09:46:29Z

Katharina Wiedemann: moved PREP Highlight: SREP to PREP Highlight: Scaling-up Renewable Energy Program (SREP)

2012-10-04T12:30:50Z

moved PREP Highlight: SREP to PREP Highlight: Scaling-up Renewable Energy Program (SREP)

Wiki Gardener at 09:28, 4 October 2012

2012-10-04T09:28:18Z

Frank van der Vleuten: Created page with "''The Scaling-up Renewable Energy Program (SREP) is a multi-donor programme within the framework of the Climate Investment Funds (CIF). The Netherlands is one of the founding don..."

2012-10-02T14:25:11Z

Created page with "''The Scaling-up Renewable Energy Program (SREP) is a multi-donor programme within the framework of the Climate Investment Funds (CIF). The Netherlands is one of the founding don..."

New page

''The Scaling-up Renewable Energy Program (SREP) is a multi-donor programme within the framework of the Climate Investment Funds (CIF). The Netherlands is one of the founding donors. Through a programmatic approach, it supports seven countries with transformational change in their renewable energy sector. In this way, SREP aims to demonstrate the viability of low-carbon development pathways in low-income countries.''

= Transformation of renewable energy markets =

SREP is a ‘country-led program’ that builds on national opportunities and priorities. The participating developing countries draw up an investment plan that is aimed at a structural transition to renewable energy. SREP interventions are directed to take away investment bottlenecks and increase investor confidence. SREP has planned to develop the needed capacity to monitor the investment flows in the partner countries. SREP does not primarily target (energy access of) households, but prioritizes ‘productive use’ of renewable energy by industry and businesses.

= Example: breakthrough in geothermal energy in Kenya =

One example is the exploration of the Menengai geothermal field in Kenya. This East-African country already has operational geothermal power plants in the Olkaria field (in Hell’s gate national park), which generate 202 MW. Private companies have however been reluctant to invest in the development of promising new fields like Menengai because of the high costs and risks involved. SREP has agreed to invest US$ 40 million in the development of the geothermal resource, leveraging US$ 360 million additional investment from Kenya and multilateral development banks. This investment is expected to unlock a further US$ 400 million investment in a 200MW geothermal power plant and ultimately contribute to Kenya’s target to develop 5,000MW of geothermal energy by 2030.

= How it works =

SREP starts from country investment plans with comprehensive analyses of the renewable energy sector and the main bottlenecks for private sector investment. The investment plans are owned by the government and agreed with the multilateral development banks. They are drawn up through consultation with all stakeholders and checked by means of an expert review. The investment plans must finally be endorsed by the SREP sub-committee. Currently investment plans have been endorsed for Kenya, Honduras, Nepal, Mali and Ethiopia. Maldives and Tanzania are in the process to develop an investment plan.

After endorsement of the investment plan, investment projects are prepared by the government, development partners and the multilateral development banks. The Kenya geothermal project, funded through the African Development Bank, is the first investment project to have been approved by the SREP sub-committee.

Per country, SREP will invest US$ 30 to 50 million in investment projects to be proposed in the period 2011 to 2014. The Netherlands contributes US$ 76 million (Euro 53,4 million). 

= Climate Investment Funds =

The Climate Investment Funds have been set up to give developing countries a jump-start towards climate-smart development. They are implemented by the World Bank in cooperation with AfDB, ADB, IDB and EBRD. Over the past three years, the Climate Investment Funds (CIFs) have moved fast from design to active implementation of investment projects. The CIFs total US$ 7 billion and consist of

*the Clean Technology Fund (CTF, US$ 4.8 billion): renewable energy, energy efficiency and sustainable transport in 15 middle income countries
*the Strategic Climate Fund (SCF, US$ 2.2 billion): targeted programs to pilot new approaches in low-income countries:

• Scaling-up Renewable Energy Program (SREP, US$ 364 million): low carbon development of energy sectors in 7 low-income countries • Forest Investment Program (FIP, US$ 639 million): reduce emissions from deforestation and forest degradation in 8 countries • Pilot Program for Climate Resilience (PPCR, US$ 1.2 billion): mainstream resilience in development planning in 9 countries

The governing board of the CTF and SCF trust funds is composed of developing countries and donor countries. In SREP, governance is organized through a sub-committee of six developing countries and six donor countries. The SREP sub-committee is currently co-chaired by Honduras and the Netherlands. 

= Read more: =

[http://www.climateinvestmentfunds.org/cif/srep http://www.climateinvestmentfunds.org/cif/srep] 

[[Category:Climate_Change_Mitigation]]
[[Category:Netherlands]]
[[Category:Donors]]

@@ Line 1: / Line 1: @@
 = Overview<br/> =
 The '''Scaling-up Renewable Energy Program (SREP''') is a multi-donor programme within the framework of the '''Climate Investment Funds (CIF)'''. The Netherlands is one of the founding donors. Through a programmatic approach, it supports seven countries with transformational change in their renewable energy sector. In this way, SREP aims to demonstrate the viability of low-carbon development pathways in low-income countries.
 <br/>
 = Transformation of Renewable Energy Markets<br/> =
 SREP is a ‘country-led program’ that builds on national opportunities and priorities. The participating developing countries draw up an investment plan that is aimed at a structural transition to renewable energy. SREP interventions are directed to take away investment bottlenecks and increase investor confidence. SREP has planned to develop the needed capacity to monitor the investment flows in the partner countries. SREP does not primarily target (energy access of) households, but prioritizes ‘productive use’ of renewable energy by industry and businesses.
 <br/>
 = Example: Breakthrough in Geothermal Energy in Kenya<br/> =
-= Example: Breakthrough in [[Kenya_Energy_Situation#Geothermal_Energy|Geothermal Energy in Kenya]]<br/> =
+One example is the exploration of the Menengai geothermal field in [[Kenya Energy Situation|Kenya]]. This East-African country already has operational geothermal power plants in the Olkaria field (in Hell’s gate national park), which generate 202 MW. Private companies have however been reluctant to invest in the development of promising new fields like Menengai because of the high costs and risks involved. SREP has agreed to invest US$ 40 million in the development of the geothermal resource, leveraging US$ 360 million additional investment from [[Kenya Energy Situation|Kenya]] and multilateral development banks. This investment is expected to unlock a further US$ 400 million investment in a 200MW geothermal power plant and ultimately contribute to Kenya’s target to develop 5,000MW of geothermal energy by 2030.
+► [[Kenya_Energy_Situation#Geothermal_Energy|Geothermal Energy in Kenya]]
 <br/>
 = How it works<br/> =
 SREP starts from country investment plans with comprehensive analyses of the renewable energy sector and the main bottlenecks for private sector investment. The investment plans are owned by the government and agreed with the multilateral development banks. They are drawn up through consultation with all stakeholders and checked by means of an expert review. The investment plans must finally be endorsed by the SREP sub-committee. Currently investment plans have been endorsed for Kenya, Honduras, Nepal, Mali and Ethiopia. Maldives and Tanzania are in the process to develop an investment plan.
 After endorsement of the investment plan, investment projects are prepared by the government, development partners and the multilateral development banks. The Kenya geothermal project, funded through the African Development Bank, is the first investment project to have been approved by the SREP sub-committee.
 Per country, SREP will invest US$ 30 to 50 million in investment projects to be proposed in the period 2011 to 2014. The Netherlands contributes US$ 76 million (Euro 53,4 million).
 <br/>
 = Climate Investment Funds<br/> =
 The Climate Investment Funds have been set up to give developing countries a jump-start towards climate-smart development. They are implemented by the World Bank in cooperation with AfDB, ADB, IDB and EBRD. Over the past three years, the '''Climate Investment Funds (CIFs)''' have moved fast from design to active implementation of investment projects.
 <u>The CIFs total US$ 7 billion and consist of:</u>
 *the Clean Technology Fund (CTF, US$ 4.8 billion): renewable energy, energy efficiency and sustainable transport in 15 middle income countries
@@ Line 38: / Line 23: @@
 **Forest Investment Program (FIP, US$ 639 million): reduce emissions from deforestation and forest degradation in 8 countries
 **Pilot Program for Climate Resilience (PPCR, US$ 1.2 billion): mainstream resilience in development planning in 9 countries
 The governing board of the CTF and SCF trust funds is composed of developing countries and donor countries. In SREP, governance is organized through a sub-committee of six developing countries and six donor countries. The SREP sub-committee is currently co-chaired by Honduras and the Netherlands.
 <br/>
 = Further Information<br/> =
-*[http://www.climateinvestmentfunds.org/cif/srep http://www.climateinvestmentfunds.org/cif/srep]
+*[http://www.climateinvestmentfunds.org/cif/srep Climate Investment Funds: Scaling Up Renewable Energy in Low Income Countries Program]
 <br/>
 = References<br/> =
 <references />
 [[Category:Geothermal]]

@@ Line 14: / Line 14: @@
 = Example: Breakthrough in [[Kenya_Energy_Situation#Geothermal_Energy|Geothermal Energy in Kenya]]<br/> =
-One example is the exploration of the Menengai geothermal field in Kenya. This East-African country already has operational geothermal power plants in the Olkaria field (in Hell’s gate national park), which generate 202 MW. Private companies have however been reluctant to invest in the development of promising new fields like Menengai because of the high costs and risks involved. SREP has agreed to invest US$ 40 million in the development of the geothermal resource, leveraging US$ 360 million additional investment from Kenya and multilateral development banks. This investment is expected to unlock a further US$ 400 million investment in a 200MW geothermal power plant and ultimately contribute to Kenya’s target to develop 5,000MW of geothermal energy by 2030.
+One example is the exploration of the Menengai geothermal field in [[Kenya_Energy_Situation|Kenya]]. This East-African country already has operational geothermal power plants in the Olkaria field (in Hell’s gate national park), which generate 202 MW. Private companies have however been reluctant to invest in the development of promising new fields like Menengai because of the high costs and risks involved. SREP has agreed to invest US$ 40 million in the development of the geothermal resource, leveraging US$ 360 million additional investment from [[Kenya_Energy_Situation|Kenya]] and multilateral development banks. This investment is expected to unlock a further US$ 400 million investment in a 200MW geothermal power plant and ultimately contribute to Kenya’s target to develop 5,000MW of geothermal energy by 2030.
 <br/>
@@ Line 53: / Line 53: @@
 <references />
 [[Category:Climate_Change_Mitigation]]

@@ Line 12: / Line 12: @@
 <br/>
-= Example: Breakthrough in Geothermal Energy in Kenya<br/> =
+= Example: Breakthrough in [[Kenya_Energy_Situation#Geothermal_Energy|Geothermal Energy in Kenya]]<br/> =
 One example is the exploration of the Menengai geothermal field in Kenya. This East-African country already has operational geothermal power plants in the Olkaria field (in Hell’s gate national park), which generate 202 MW. Private companies have however been reluctant to invest in the development of promising new fields like Menengai because of the high costs and risks involved. SREP has agreed to invest US$ 40 million in the development of the geothermal resource, leveraging US$ 360 million additional investment from Kenya and multilateral development banks. This investment is expected to unlock a further US$ 400 million investment in a 200MW geothermal power plant and ultimately contribute to Kenya’s target to develop 5,000MW of geothermal energy by 2030.
@@ Line 53: / Line 53: @@
 <references />
 [[Category:Geothermal]]

@@ Line 1: / Line 1: @@
 = Overview<br/> =
 The '''Scaling-up Renewable Energy Program (SREP''') is a multi-donor programme within the framework of the '''Climate Investment Funds (CIF)'''. The Netherlands is one of the founding donors. Through a programmatic approach, it supports seven countries with transformational change in their renewable energy sector. In this way, SREP aims to demonstrate the viability of low-carbon development pathways in low-income countries.
+<br/>
 = Transformation of Renewable Energy Markets<br/> =
@@ Line 9: / Line 10: @@
 SREP is a ‘country-led program’ that builds on national opportunities and priorities. The participating developing countries draw up an investment plan that is aimed at a structural transition to renewable energy. SREP interventions are directed to take away investment bottlenecks and increase investor confidence. SREP has planned to develop the needed capacity to monitor the investment flows in the partner countries. SREP does not primarily target (energy access of) households, but prioritizes ‘productive use’ of renewable energy by industry and businesses.
+<br/>
 = Example: Breakthrough in Geothermal Energy in Kenya<br/> =
@@ Line 15: / Line 16: @@
 One example is the exploration of the Menengai geothermal field in Kenya. This East-African country already has operational geothermal power plants in the Olkaria field (in Hell’s gate national park), which generate 202 MW. Private companies have however been reluctant to invest in the development of promising new fields like Menengai because of the high costs and risks involved. SREP has agreed to invest US$ 40 million in the development of the geothermal resource, leveraging US$ 360 million additional investment from Kenya and multilateral development banks. This investment is expected to unlock a further US$ 400 million investment in a 200MW geothermal power plant and ultimately contribute to Kenya’s target to develop 5,000MW of geothermal energy by 2030.
+<br/>
 = How it works<br/> =
@@ Line 25: / Line 26: @@
 Per country, SREP will invest US$ 30 to 50 million in investment projects to be proposed in the period 2011 to 2014. The Netherlands contributes US$ 76 million (Euro 53,4 million).
+<br/>
 = Climate Investment Funds<br/> =
@@ Line 32: / Line 33: @@
 <u>The CIFs total US$ 7 billion and consist of:</u>
 *the Clean Technology Fund (CTF, US$ 4.8 billion): renewable energy, energy efficiency and sustainable transport in 15 middle income countries
 *the Strategic Climate Fund (SCF, US$ 2.2 billion): <u>targeted programs to pilot new approaches in low-income countries:</u>
@@ Line 41: / Line 41: @@
 The governing board of the CTF and SCF trust funds is composed of developing countries and donor countries. In SREP, governance is organized through a sub-committee of six developing countries and six donor countries. The SREP sub-committee is currently co-chaired by Honduras and the Netherlands.
+<br/>
 = Further Information<br/> =
@@ Line 47: / Line 47: @@
 *[http://www.climateinvestmentfunds.org/cif/srep http://www.climateinvestmentfunds.org/cif/srep]
+<br/>
 = References<br/> =
@@ Line 53: / Line 53: @@
 <references />
 [[Category:Climate_Change_Mitigation]]

@@ Line 56: / Line 56: @@
 [[Category:Kenya]]
 [[Category:Netherlands]]
 [[Category:Financing,_promotion_schemes_and_subsidies]]
 [[Category:Geothermal]]