Guyana to conduct mid-term review of energy project
The Guyana Energy Agency (GEA) says it seeks to recruit a consultant to conduct a mid-term valuation of the Energy Matric Diversification and Institutional Strengthening of the Department of Energy (EMISDE).
The program is designed to support Guyana’s evolving energy sector by investing in sustainable, cleaner energy solutions to diversify the energy matrix in the hinterland while contributing to climate change mitigation; investing in the reinforcement of transmission infrastructure to improve reliability and stability of the Demerara Berbice Interconnected System (DBIS), and strengthening the Department of Energy (DoE) to develop a regulatory framework and improve institutional capacity and governance of Guyana’s oil and gas sector.
GEA said that the mid-term evaluation would assess the extent to which the program has achieved its primary objective and expected outcomes at the time of the mid-term review.
Additionally, it will propose recommendations to enhance the project’s relevance, effectiveness, efficiency, and impact on ongoing and future activities until the end of the project’s implementation.
GEA said that the project is funded by the Inter-American Development Bank (IDB). The mid-term evaluation requires the services of an individual consultant by the terms of reference previously approved by a Washington-based financial institution.
As one of three components under the EMISDE program, the Renewable Energy Solutions for the hinterland aims to address the energy diversification policy goals of the Guyana government.
This component will finance solar technology investment in three townships and the Island of Leguan and implement a storage capacity to manage the intermittence of these sources.
“Overall, the component will provide a reliable electricity source to the expanding needs of power supply in these communities now relying on fossil fuel,” according to the statement. That, the investments will incorporate a pilot brilliant metering initiative that will provide a technological advancement in the operation of the distribution grid.
Additionally, the component incorporates a gender focus intervention to develop productive uses of electricity.
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