The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) Dominica Geothermal Risk Mitigation Project (P162149) LATIN AMERICA AND CARIBBEAN | Dominica | IBRD/IDA | Investment Project Financing (IPF) | FY 2019 | Seq No: 9 | Archived on 06-Nov-2024 | ISR01815 Implementing Agencies: Dominica Geothermal Development Company 1. OBJECTIVE 1.1 Development Objective Original Development Objective (Approved as part of Approval package on 17-Mar-2019) The objective of the proposed Project is to help: a) diversify the domestic power generation mix in Dominica by integrating clean, renewable geothermal energy; and b) demonstrate the potential of larger development of the geothermal resource. Has the Development Objective been changed since Board Approval of the Project Objective? No 2. COMPONENTS Name DEVELOPMENT OF DOMESTIC GEOTHERMAL POWER GENERATION CAPACITY (SGPP):(Cost 47,720,000.00) CONTINGENT FINANCING IN AID OF ADDITIONAL DRILLING:(Cost 3,000,000.00) TECHNICAL ASSITANCE FOR ADVANCING LGPP TO DEVELOPMENT STATUS AND SOLICITING PRIVATE SECTOR INVESTMENT:(Cost 3,450,000.00) 3. OVERALL RATINGS Name Previous Current Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Moderately Unsatisfactory Overall Risk Rating Moderate Moderate 4. KEY ISSUES & STATUS Nov 06, 2024 Page 1 of 7 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) 4.1 Implementation Status and Key Decisions The project successfully completed the drilling of the two geothermal wells. Additionally, technical assistance was provided to the Dominica Geothermal Development Company (DGDC) to conduct technical, environmental, and social studies for the investment in new transmission lines and substations necessary to connect the new geothermal power plant to the national network. These studies were completed satisfactorily. DGDC is working on finalization of documentation to close completed contracts under the project. 5. SYSTEMATIC OPERATIONS RISK-RATING TOOL Rating at Approval Last Approved Rating Risk Category Approval Package - ISR Seq. 08 - 12 Feb Proposed Rating 18 Mar 2019 2024 Political and Governance Moderate Low Low Macroeconomic Substantial Moderate Moderate Sector Strategies and Policies Moderate Low Low Technical Design of Project or Program Substantial Low Low Institutional Capacity for Implementation and Substantial Low Low Sustainability Fiduciary Substantial Moderate Moderate Environment and Social Substantial Substantial Low Stakeholders Substantial Moderate Low Overall Substantial Moderate Moderate Nov 06, 2024 Page 2 of 7 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) 6. RESULTS 6.1 PDO Indicators by PDO Outcomes Generation capacity of geothermal energy facilicitated under the Project (MW) Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 0.00 Jan/2019 0.00 30-Jan-2024 0.00 28-Oct-2024 7.00 Feb/2026 Generation Capacity of Geothermal Energy Facilitated Comments on The commercial agreements for development of the geothermal power plant of 10 MW were under the Project achieving targets signed in December 2023 between GoCD and the private developer targeting the plant (Megawatt) commissioning in January 2026. Thus this indicator will only achieve until the project closing date. Increased share of renewable energy capacity in the domestic generation mix (percentage) Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Share of Renewable Energy 24.70 Jan/2019 24.70 30-Jan-2024 24.70 28-Oct-2024 51.00 Feb/2026 Capacity in the Domestic Comments on The target indicator is expected to be achieved by the end of the project implementation. Generation Mix achieving targets (Percentage) Preliminary feasibility of direct use of geothermal energy completed Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Preliminary Feasibility of No Jan/2019 No 30-Jan-2024 No 28-Oct-2024 Yes Feb/2026 Direct Use of Geothermal Energy Completed (Yes/No) Page 3 of 7 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) Estimated GHG emissions reduction compared to a business-as-usual baseline (tCO2) Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Estimated GHG Emissions 0.00 Jan/2019 0.00 30-Jan-2024 0.00 28-Oct-2024 38,223.00 Feb/2026 Reduction Compared to A Comments on This target will only be achieved at the very end of the project implementation. Busisness-As-Usual Baseline achieving targets (Tones/year) Increased income generating opportunities for women Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Share of women employed in 0.00 Jan/2019 0.00 30-Jan-2024 0.00 28-Oct-2024 60.00 Feb/2026 tourism activities facilitated by the project and/or by the Governement in proximity of the power plant (Percentage) 6.2 Intermediate Results Indicators by Components FACILITATING DEVELOPMENT OF DOMESTIC GEOTHERMAL POWER GENERATION CAPACITY (SGPP) Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Domestic Geothermal Power 0.00 Jan/2019 0.00 30-Jan-2024 0.00 28-Oct-2024 1.00 Feb/2026 Plant (DGPP) and Steam Comments on The implementation of Domestic Geothermal Power Plant (DGPP) launched in January 2024 is Above Ground System achieving targets underway in accordance with its schedule agreed in the commercial agreement signed Constructed (Number) Page 4 of 7 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) between the GoCD and the developer. The progress of the DGPP will also be monitored under the DGRM II Project (P179845). A re-injection well and a No Feb/2021 Yes 30-Jan-2024 Yes 28-Oct-2024 Yes Feb/2026 production well are drilled Comments on Both wells were drilled and tested successfully by April 2023. Thus this indicator was achieved. and tested. (Yes/No) achieving targets CONTINGENT FINANCING IN AID OF ADDITIONAL DRILLING Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Geothermal resources for 7.00 Feb/2021 10.00 30-Jan-2024 10.00 28-Oct-2024 10.00 Feb/2026 electricity generation Comments on The tests for the new production and reinjection wells confirmed the geothermal resource confirmed through additional achieving targets adequately for development of 10 MW geothermal power plant. Thus this indicator was production and injection wells achieved. (Megawatt) TECHNICAL ASSISTANCE AND PROJECT IMPLEMENTATION SUPPORT Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Gender and Geothermal No Jan/2019 No 30-Jan-2024 No 28-Oct-2024 Yes Feb/2026 Energy Workshop Conducted Comments on The gender activity has been included under the DGRM II Project (P179845) as proposed by (Yes/No) achieving targets DGDC. Thus this indicator will be updated. A stakeholder consultation on No Feb/2021 No 30-Jan-2024 No 28-Oct-2024 Yes Feb/2026 Direct Use of Geothermal Comments on There is no progress yet in the proposal for direct use of geothermal energy. Energy is conducted. achieving targets (Yes/No) Page 5 of 7 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) 7. DATA ON FINANCIAL PERFORMANCE 7.1 Cumulative Disbursements 7.2 Disbursements (by loan) Loan/Credit/TF Status Original Revised Cancelled Disbursed Undisbursed % Disbursed Historical Disbursed TF-A9545 Closed 10.00 10.00 0.00 10.00 0.00 100.00 10.00 % TF-A9533 Effective 9.00 9.00 0.00 6.00 3.00 66.67% 9.00 TF-A9532 Effective 0.95 0.95 0.00 0.95 0.00 100.00 0.95 % IDA-63760 Effective 17.20 17.20 0.00 8.02 8.40 46.64% 17.20 Nov 06, 2024 Page 6 of 7 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) TF-A9531 Closed 2.00 2.00 0.00 2.00 0.00 100.00 2.00 % 7.3 Key Dates (by loan) Loan/Credit/TF Status Approval Signing Effectiveness Orig. Closing Rev. Closing IDA-63760 Effective 18-Mar-2019 03-May-2019 28-Feb-2020 28-Feb-2026 28-Feb-2026 TF-A9531 Closed 18-Mar-2019 03-May-2019 28-Feb-2020 30-Jun-2020 31-May-2022 TF-A9532 Effective 18-Mar-2019 03-May-2019 28-Feb-2020 28-Feb-2026 28-Feb-2026 TF-A9533 Effective 18-Mar-2019 03-May-2019 28-Feb-2020 28-Feb-2026 28-Feb-2026 TF-A9545 Closed 18-Mar-2019 03-May-2019 28-Feb-2020 30-Jun-2023 30-Jun-2023 8. KEY DATES Key Events Planned Actual Approval 18-Mar-2019 18-Mar-2019 Effectiveness 28-Feb-2020 28-Feb-2020 Mid-Term Review No. 01 31-Jul-2025 Operation Closing/Cancellation 28-Feb-2026 9. RESTRUCTURING HISTORY Restructuring Level 2 Approved on 18-Feb-2022 10. ASSOCIATED OPERATION(S) There are no associated operations Nov 06, 2024 Page 7 of 7