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Sustainable river movement Pacific

Programme promoting electric river transport in the Pacific region, electrifying homes and supporting local economies with clean energy.

Summary


Objective

Implement an energy supply program based on NCRE (Non-Conventional Renewable Energy Sources) to provide electricity to communities in Non-Interconnected Zones (NIZ) of the Pacific region, electrifying households and promoting electric river mobility.

Key Goals

  • Conduct a census of the target population.
  • Establish mechanisms for the delivery of electric motors.
  • Develop generation infrastructure with micro hydroelectric plants.
  • Establish charging infrastructure.
  • Fine-tune the system.

Market Opportunity

River transport, although it represents a small share of national energy consumption (0.15%), is vital for the Pacific communities. This project addresses the need for sustainable transportation and energy access in Non-Interconnected Zones, transforming quality of life and strengthening local economies (fishing, tourism).

ESG Considerations

Environmental: Decarbonization of the river transport sector and electrification of communities with NCRE.
Social: Community transformation, socio-environmental approach, capacity building, and strengthening of local economies.
Governance: Long-term financial planning, promotion of public-private partnerships, strengthening of transparency, and fostering community participation.

Financial Indicators


IRR

27.55%

Payback

8.22 years

NPV

COP 14,436,000,000

B/C Ratio

1.38

Project Timeline


Preparation

Duration: 6 months

Financing

Duration: 12 months

Implementation

Duration: 18 months

Adjustment Phase

Duration: 24 months

Sustained Operation

Duration: In perpetuity

Business Model


Key Partners

  • Ministry of Mines and Energy
  • FENOGE
  • Local communities

Key Activities

  • Installation of charging infrastructure.
  • Specific training.
  • Technical assistance.

Value Proposition

  • Affordable and sustainable river mobility.
  • Access to clean energy for communities.
  • Community economic development.

Customer Segments

  • Communities in the Pacific region.
  • River vessel operators.
  • Local governments.

Revenue Streams

  • Fees for mobility services.
  • Energy sales.

Cost Structure

  • Operating costs.
  • Maintenance costs.
  • Training costs.

Risk Plan


Event Probability Impact Rating
Technological complexity Medium High Important
Financial and logistical challenge Medium High Important
Social risk Low High Monitoring

 

10 Millones USD

STATE: In progress
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