The energy demand in Asia and the Pacific is projected to double by 2030. In Central Asia the energy sector is a major contributor to regional greenhouse gas emissions, with the region being highly vulnerable to the effects of climate change, such as rising temperatures, water shortages, and extreme weather events.
In its Energy Policy 2021, ADB has committed itself to assist its Developing Member Countries (DMC’s) by providing targeted support to tackle climate change, enhance environmental sustainability, and by building climate and disaster resilience. At the same time ADB has pledged to support SDG 7, by ensuring access to affordable, reliable, sustainable, and modern energy for all. To realize these key-policy principles ADB pursues the dual approach of reducing the carbon intensity of electricity generation on one hand and increasing the share of electricity in the total final energy consumption on the other, by accelerating the deployment of green technologies and supporting the transfer of a wide range of technological innovations.
This regional session will showcase CWEN’s three most recent projects, that promote ADB’s Energy Policy 2021. The projects specifically focus on the (i) large-scale development of utility-scale renewable energy power plants, (ii) the implementation of innovative clean energy pilot projects and (iii) the introduction of low carbon technologies in the energy-transport nexus covering the countries of Uzbekistan, Azerbaijan, and Kyrgyz Republic.
Presentation 1 will focus on the recently approved “Uzbekistan: Solar Public-Private Partnership Investment Program” that will increase private-sector led solar photovoltaic power plants by at least 1,000 megawatt capacity by 2030, by introducing the innovative partial credit guarantee (PCG) modality. The project reflects the One ADB approach and provides a one-stop-shop solution for the government to enable private-funded solar power projects at competitive tariffs and lower the cost of electricity to sustain economic development in line with ADB’s energy policy 2021.
Presentation 2 will showcase the Kyrgyz Urban Transport Electrification Project, which has been approved in November 2021. The project is at the energy-transport nexus and constitutes a first step towards a long-term electrification of the Bishkek public transport sector. By profiting from the extremely low grid-emission factor in Kyrgyz Republic, the project uses hydro based-renewable energy to decarbonize the Kyrgyz Transport sector. While phase 1 of the projects entails the introduction of 120 large (12 meter) battery-electric buses, including the upgrade of two trolleybus depots, the project is envisioned to be upscaled at later stage and serve as a blueprint for similar projects throughout the Central West Asian region in the future.
Presentation 3 will focus on TA 9564-REG: Floating Solar Energy Development, which focuses on the promotion of the innovative floating solar photovoltaic (FPV) technology in the Central and West Asian region. The project supports the installation of two 100 kilowatt FPV pilot projects in Azerbaijan and Kyrgyz Republic and aims for the future utility-scale up in both countries through the development of business models and the provision of technical capacity building.
|02:00 - 02:25 p.m.||
Uzbekistan: Solar Public-Private Partnership Investment Program
|02:25 - 02:30 p.m.||Q&A|
|02:30 - 02:55 p.m.||
Kyrgyz Urban Transport Electrification Project (KGZ UTEP)
|02:55 - 3:00 p.m.||Q&A|
|03:00 - 03:25 p.m.||
Floating Solar Energy Development
|3:25 - 3:30 p.m.||Q&A|
About the Organizer
The Asian Development Bank was conceived in the early 1960s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world. ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development. ADB is composed of 68 members, 49 of which are from the Asia and Pacific region.
Point of Contact
Asian Development Bank