Case studies

Micronesia: Power sector development projects in renewable solar and wind energy (2010)


Project Overview

Country: Micronesia
Client: Asian Development Bank (ADB)
Project value: USD 7 million
Service: Major projects advice, financial modelling

Financial assessment and cost estimation of grid-connected, renewable solar and wind energy generation projects. The stakeholders took on board our recommendations and undertook further work to develop the projects.

Services provided by TMP

  • Provided cost estimates of the projects based on quotations acquired from various suppliers.
  • Held discussions with government and various stakeholders to understand the implications and acceptability of the projects.
  • Collected all data relevant for the financial analysis and costing of the projects.
  • Developed financial models and tariff projections for each of the energy projects.
  • Undertook detailed financial analysis, sensitivity analysis and risk assessments.
  • Held a consultative workshop for key State stakeholders, including the governor and members of the legislative council.

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