Sri Lanka Renewable Energy Integration

Project Summary:

To counter twin challenges of dependence on imported energy and climate change in the country, Sri Lanka announced its aspirational goal of becoming energy self-sufficient by 2030. The project team provided the foundation for a significant VRE scale-up in Sri Lanka project to support the Government of Sri Lanka to achieve this goal. The project team helped address the immediate challenges faced by Sri Lanka by improving the technical capacity to optimize the operations; pave the way for public and private players to participate in the renewable energy sector by creating the enabling environment, and facilitated the development of an informed policy and regulatory framework that incentivizes rapid growth in VRE generation.

List of Activities:

• Enhanced renewable energy sector planning enhancement focusing on analytical work from technical, economic and regulatory aspects to catalyze VRE development in Sri Lanka in the line with various relevant government initiatives.
• Knowledge exchange and technology sounding focusing on the system controlling and forecasting, grid stability and reverse capacity strengthening, as well as advanced information and communications (ICT) solutions including smart grid technologies.
• Market readiness support for renewable energy Public Private Partnership, to support the preparation of a customized Power Purchase Agreement (PPA) for wind generation and complement indicative PPIAF fund for PPP preparation and standardization of bidding documents for VRE aiming at maximizing leverage for public funds while minimizing public fiscal support to the sector.

Outcomes:

Output 1:

• Development in Client government or community's policy, concept, or strategy 

Output 2:

• Adoption of new technologies, innovation ideas, know-how by CEB 
• Facilitation of Exchange of Best Practice
• Adoption of new technologies, innovation ideas, know-how by CEB

Output 3:

• Promotion of new investment to ensure resilience (private sector influenced)

Outcomes:

The project supported scaling up the Climate Smart and Green Agriculture Technologies by leveraging digital technologies with at least 100,000 farmers. Other outcomes include enhanced capacity within the Ministry of Agriculture at the national level and country level and KALRO on the use of Big Data, AI, and the overall Digitization Agenda in Kenya. Application of Korea’s expertise in Climate Smart Agriculture by mainstreaming climate smart and green technologies in Kenya was also an outcome.

Collaboration with K-Partners and Others:

• WBG internal partners: The Country Management Unit to support the proposed activity and the lending operation under preparation; Collaboration with ESMAP’s Variable Renewable Grid Integration Supporting Program to provide technical Assistance on VRE grid integration, PPIAF collaboration on PPP structuring. Collaboration with Climate Change CCSA, the Energy GP, ESMAP and Financial solutions for Sri Lanka’s renewable energy sector.
• K-Partners
  Korea International Corporation Agency (KOICA): investments to deploy renewable energy technologies
• Green Climate Fund / Global Green Growth Institute: additional collaboration on experience sharing, and potential funding.
• Other external partners: Close coordination with the Ministry of Power and Renewable Energy (MPRE); Ministry of Mahaweli Development and Environment, the Ceylon Electricity Board (CEB); the Public Utilities Commission of Sri Lanka (PUC) and the Sustainable Energy Authority of Sri Lanka (SEA). The project team is furthermore coordinating with the Japan International Cooperation Agency (JICA) and the Asian Development Bank (ADB) to ensure complementarity of activities.