Energy Security

This area works to enhance the countries’ abilities to meet their growing demand for energy in an efficient manner through securing access to capital and financing in resource development, supporting the efficient operation and financial sustainability of the power sector, and promoting energy efficiency initiatives. Energy security requires also improving macroeconomic & fiscal balances by explicitly linking the energy sector and macroeconomic objectives. It involves planning for expansion of the energy sector, including developing a strategy to meet future demand, integrating multiple sources of energy as well as demand and supply side possibilities. The Programmatic Power Sector Reform Loan in the Dominican Republic aims at establishing the conditions that would permit the financial sustainability of the sector, thereby reducing subsidy requirements and improving the fiscal situation.

ACTIVE PROJECTS

Argentina - Energy Efficiency Project

In addition to reducing greenhouse gas emissions, this project aims to increase energy use efficiency, both reducing energy costs to consumers and contributing to the long-term sustainability of the energy sector. The project entails developing the Energy Efficiency (EE) market through various strategies, including tax and financial policy to promote the market, education, training and promotional programs, and a standardization, testing, certification, and labeling program for home appliances, industrial equipment and buildings.

Brazil - Energy Sector Technical Assistance Project   

This project helps to ensure sustainable implementation of the Government's ongoing energy sector reform program, through technical assistance in specific areas, and by providing a mechanism for continuing dialogue with policy-makers about longer-term sector reform. This operation focuses on the power and gas sector, where there are more urgent reform needs.

Dominican Republic - Power Sector Program Second Generation Reforms

The Power Sector Program seeks to support the Government's strategy for the recovery of the power sector, specifically by helping to improve the quality of service, establish conditions that would permit the financial sustainability of all efficiently-operated companies in the sector, and increase the percentage of the population with access to electricity.

Dominican Republic - Power Sector Technical Assistance Project

This project supports the local government in overcoming challenges in realizing its original vision for reforms in the electricity sector. The project supports an increase the quantity and quality of electricity for the poor and will help to design a transmission grid and the wholesale power market, improve policy formation and implementation related to the power sector, strengthen the Government’s regulatory and consumer protection performance related to power, and protect the environment.

Uruguay - Energy Efficiency Project 

The Energy Efficiency Project for Uruguay works to increase the demand for and competitive supply of energy efficient goods and services by strengthening the market for energy efficient goods and services, developing new business activities for utility based energy efficiency services unit, and working on project management.