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WORLD BANK FUNDING
1 October 1994
More than $100 million in World Bank funding may be available for private power projects in Indonesia under the Renewable Energy Project (REP). The funding should be available in 1996, says Anil Cabraal of the World Bank in Washington, US. Renewable energy development was separated out from so-called RE2, the $400 million rural electrification project with a subsidy from the Global Environment Facility (Windpower Monthly, April 1993). One component of REP will be projects proposed by the south-east Asian nation's utility, PLN. So far, no wind has been proposed, says Cabraal. The second component, more likely to involve wind, will be private power projects, once PLN has set up an electricity tariff structure. Researchers from Pacific Northwest Laboratory had convinced the World Bank that wind should be a viable option after visiting Indonesia and monitoring winds, says the laboratory's Dennis Elliot.
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