Liberia wind power project plus energy storage

Who is the electricity subsector in Liberia?

4.2 The electricity subsector in Liberia currently comprises the Ministry of Lands, Mines and Energy (MLME), LEC and RREA. Roles and establishment dates of each institution is presented in the table below. 4.3 The beneficiary of the proposed SREP grant will be the GoL represented by the Ministry of Finance and Development Planning (MoFDP).

Why is electricity important in Liberia?

The presence of a reliable, sustainable and affordable source of electricity in the Eastern region of Liberia will lead to an increase in the electricity access rate to clean energy source among rural and urban centers, contribute to economic development and prosperity, and reduce poverty.

How can Liberia achieve economic transformation?

Increased access to energy through renewable energy sources. The proposed project aligns well with Liberia’s Agenda for Transformation which calls on electricity services expansion and reduction of the cost of electricity as essential conditions to achieve economic transformation.

How much does the project cost in Liberia?

The total estimated project costs, including a 10% provision for price escalation and 3.2 physical contingency but excluding customs and duties, is estimated at USD 29.23 million of which USD 23.50 is proposed to be financed from a grant from SREP, USD 4.82 million from AfDB and USD 1.16 million from the Government of Liberia.

Why is Energy Independence important in Liberia?

The economic benefit of energy independence (where the other generation sources are imported and subject to global price fluctuations). Liberia has a great need to develop new electricity generation sources to supply the rapidly increasing demand.

Are reciprocating engines suitable for electricity generation in Liberia?

A study undertaken by Fitchner that assessed several electricity generation options as part of Liberia’s least cost power development plan, concluded that reciprocating engines (such as the ones being adopted in the context of the project) are suitable as they can be installed very quickly on a unit by unit basis to meet increasing demands.