ADB aims to increase access to clean power

Business
Source:
The National,Tuesday June 7th, 2016

THE Asian Development Bank is working with governments and communities to increase access to clean, renewable power.
A report says it will enhance energy security and build resilient low-carbon economies for a more prosperous Pacific.
“ADB is the largest investor in renewable energy in the Pacific, which is still heavily reliant on diesel for power generation,” Michael Trainor, Energy Specialist in ADB’s Pacific Department, said.
“We are working with governments and communities to improve the quantity and quality of energy services across the region by ramping up support for the transition to renewable energy.”
The Pacific Energy Update 2016 states  achieving reliable access to clean energy is essential for human development and low carbon economic growth.
“As energy demand in the Asia and Pacific region is projected to almost double by 2030, ADB is helping to improve regional energy systems with a three-pronged approach.
“ADB seeks to promote energy efficiency and renewable energy, maximise access to modern energy services, and promote energy sector reform, capacity building, and effective governance.”
ADB’s clean energy assistance in Papua New Guinea includes improving the use of hydropower by upgrading and rehabilitating two hydropower plants.
The report highlights country-by-country pipelines of energy projects and technical assistance, which Pacific governments have prioritised for ADB assistance.  The report also provides a summary of existing operations in Cook Islands, Fiji, Federated States of Micronesia, Marshall Islands, Nauru, PNG , Samoa, Solomon Islands, Tonga, and Vanuatu.