Implementation Status & Results Argentina AR RENEW.ENERGY R.MKTS (P006043)

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1 Public Disclosure Authorized Public Disclosure Authorized losure Authorized Public Disclosure Authorized Implementation Status & Results Argentina AR RENEW.ENERGY R.MKTS (P006043) Operation Name: AR RENEW.ENERGY R.MKTS (P006043) Project Stage: Implementation Seq.No: 32 Status: ARCHIVED Last Modified Date: 15-Jul-2011 Country: Argentina Approval FY: 1999 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Specific Investment Loan Implementing Agency(ies): Secretariat of Energy Key Dates Board Approval Date 30-Mar-1999 Original Closing Date 30-Sep-2005 Planned Mid Term Review Date Last Archived ISR Date 22-Feb-2011 Effectiveness Date 09-Dec-1999 Revised Closing Date 31-Dec-2011 Actual Mid Term Review Date Project Development Objectives AR RENEW.ENERGY R.MKTS (P006043) Project Development Objective (from Project Appraisal Document) 1. Provide rural off-grid energy services in a sustainable manner using Renewable Energy Systems (RES) where feasible. 2. Support the expansion of private participation in the provision of electricity in rural areas and strengthen provincial governments' capacities to regulate that participation. 3. Advance the reform of the energy sector in particular critical areas such as transmission, distribution, and marketing of electricity; policy on energy efficiency; strategy on RES technology; and regional integration. 4. Promote commercial operation of Wind Home Systems (WHS). 5. Improve knowledge on the application of RES. 6. Global GEF objectives: 6.1 Promote the adoption of RES by removing market barriers and reducing implementation costs; and 6.1 Reduce greenhouse gas emissions. The project's mid-term review confirmed the validity of the above objectives. Has the Project Development Objective been changed since Board Approval of the Program? Yes No AR-RENEWABLE ENERGY IN RURAL MARKETS (P045048) Global Environmental Objective (from Project Appraisal Document) Global GEF objectives are to: a) remove market barriers to application, implementation and dissemination of renewable energy sources; and b) reduce greenhouse gas emissions by replacing small-diesel electricity generation an the use of candles, kerosene and gas cylinders and in lighting and other domestic uses with renewable energy systems. The project's mid-term review confirmed the validity of the above objectives. Has the Global Environmental Objective been changed since Board Approval of the Program? Yes No Page 1 of 7

2 Component(s) Component Name Component Cost 1.A EQUIPMENT TO BE INSTALLED BY EXISTING CONCESSIONAIRES B EQUIPMENT TO BE INSTALLED BY NEW CONCESSIONAIRES PILOT SUB-PROJECTS BASED ON WHS CAPACITY BUILDING PROJECT ADMINISTRATION 5.50 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Progress towards achievement of GEO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Satisfactory Overall Risk Rating Implementation Status Overview Overall, the project implementation continues to make good progress. Results Project Development Objective Indicators Number of PERMER private concessionaires Text Value Total number of households served by PERMER Total installed capacity of SHS (kw) (PERMER original) Total installed capacity of wind home systems (kw) Text Value Text Value Text Value Page 2 of 7

3 Total installed capacity of RET based minigrids (kw) Number of PERMER private concessionaries Total number of households served by PERMER Total installed capacity of SHS (kw) (PERMER AF) Total installed capacity of wind home systems (kw) Total installed capacity of RET based minigrids (kw) Global Environmental Objective Indicators Text Value Number Value Number Value Text Value Text Value 0 90 Text Value Avoided CO2 emissions (ton CO2eq) Text Value 2359 Avoided CO2 emissions (ton CO2eq) Text Value 1305 Page 3 of 7

4 Intermediate Results Indicators Installed SHS in households (PERMER Text Value N/A original) Installed SHS in public buildings (PERMER original) Number of operators under PERMER Text Value N/A Text Value Average tariff subsidy for residential systems (%) Average retail tariff for households (pesos/ month/customer) Percent certifications of installed systems Text Value Date 30-Mar Jul Dec-2009 Text Value Text Value Percent of complaints attended without subsequent complaints Text Value Households served by minigrids Number Value Total number of households served by PERMER Number Value Page 4 of 7

5 Installed SHS in public buildings Number Value Installed solar systems in public buildings for thermal applications Installed solar systems in public buildings for water pumping Number of operators under PERMER Number of residential systems operated by private concessionaries Number of systems for public service operated by private concessionaries Average tariff subsidy for residential systema Average retail tariff for households (pesos/ month/customer) Number Value Number Value Number Value Number Value Number Value Percentage Value Text Value 0 10 Certification of public systems Percentage Value Page 5 of 7

6 Complaints attended without subsequent complaints Percentage Value Installed SHS in households Number Value Data on Financial Performance (as of 06-Jul-2011) Financial Agreement(s) Key Dates Project Loan No. Status Approval Date Signing Date Effectiveness Date Closing Date P IBRD Effective 30-Mar Oct Dec Dec-2011 P IBRD Effective 11-Nov Jan Mar Dec-2011 P TF Closed 26-Oct Oct Dec Dec-2009 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P IBRD Effective USD P IBRD Effective USD P TF Closed USD Disbursement Graph Page 6 of 7

7 Key Decisions Regarding Implementation None Restructuring History Level two Approved on 14-Jun-2006 Related Projects P AR-RENEWABLE ENERGY IN RURAL MARKETS, P AR PERMER Renewable Energy Additional Financing Page 7 of 7

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