Papua New Guinea energy storage project grid access approval

What is Papua New Guinea's energy project?

The project will bring electricity to rural households; expand renewable energy generation; support the modernization of the country’s electricity infrastructure; and benefit households, businesses, and communities across the nation. “This project represents a major step forward for Papua New Guinea’s energy future.

Does PNG have low electricity access?

With only 20 percent of PNG’s population connected to the grid, the project addresses the significant challenge of low electricity access, particularly in rural areas where less than 15 percent of people have access to electricity.

What is the national energy access transformation (NEAT) project?

PORT MORESBY, November 29, 2024 –The World Bank has approved the National Energy Access Transformation (NEAT) Project, a $204 million initiative that will improve the lives of over 400,000 Papua New Guineans by providing reliable electricity.

Why is reliable power important for Papua New Guinea?

Providing reliable power is crucial for expanding PPL’s on-grid customer base. The Government of Papua New Guinea (GoPNG) has set a goal of achieving 70 percent national electrification by 2030 and carbon neutrality by 2050 and adopted the National Electrification Roll-Out Plan (NEROP) in 2019.