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Temperature - European Investment Bank

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WEST AFRICAN POWER POOL (WAPP) PÖYRY ENERGY LTD.<br />

Mount Coffee HPP ESIA and RAP 2012-09-18<br />

ESIA Report Page viii<br />

23.1 Main Aims..................................................................................................................... 169<br />

23.2 Access to Information .................................................................................................... 169<br />

23.3 Preliminary Public Participation Plan............................................................................. 169<br />

23.4 Stakeholder Identification .............................................................................................. 169<br />

23.5 Stakeholder Involvement So Far .................................................................................... 170<br />

23.6 Next Steps ..................................................................................................................... 171<br />

24 PROJECT ALTERNATIVES ..................................................................................... 172<br />

24.1 Main Considerations ...................................................................................................... 172<br />

24.2 Alternatives ................................................................................................................... 172<br />

24.2.1 No Project ..................................................................................................................... 172<br />

24.2.1.1 Environmental Effects ................................................................................................ 172<br />

24.2.1.2 Socio-economic Effects .............................................................................................. 172<br />

24.2.1.3 Effects on the Country as a Whole .............................................................................. 173<br />

24.2.2 Alternative Designs for Mt. Coffee HPP ........................................................................ 174<br />

24.2.3 Increasing Installed Capacity to 80 MW ........................................................................ 174<br />

24.2.4 Alternative Energy Sources ........................................................................................... 177<br />

24.2.4.1 Thermal Power ........................................................................................................... 177<br />

24.2.4.2 Renewables ................................................................................................................ 177<br />

24.3 Conclusions ................................................................................................................... 178<br />

25 ECONOMIC EVALUATION ..................................................................................... 179<br />

25.1 Objective and Approach ................................................................................................ 179<br />

25.1.1 Objective and Scope ...................................................................................................... 179<br />

25.1.2 Data Base ...................................................................................................................... 179<br />

25.1.2.1 Preliminary Remarks .................................................................................................. 179<br />

25.1.2.2 General Economic Framework of the Country ............................................................ 180<br />

25.1.2.3 Power Market ............................................................................................................. 180<br />

25.1.2.4 Liberia Electricity Company ....................................................................................... 180<br />

25.1.2.5 Mount Coffee Hydropower Plant ................................................................................ 181<br />

25.1.3 Approach ....................................................................................................................... 181<br />

25.1.4 Content and Organization of the Chapter ....................................................................... 181<br />

25.2 Mount Coffee Hydropower Plant ................................................................................... 182<br />

25.2.1 Stanley Consultants’ Study 2008 ................................................................................... 182<br />

25.2.2 Study Options for the Development of Liberia’s Energy Sector ..................................... 183<br />

25.2.3 Stanley Consultants Studies Completed in 2012............................................................. 184<br />

25.2.4 Characteristics of the Project Considered in the Present Study ....................................... 184<br />

25.3 Power Market ................................................................................................................ 184<br />

25.3.1 General Framework ....................................................................................................... 184<br />

25.3.1.1 Liberia Poverty Reduction Strategy (PRS) .................................................................. 184<br />

25.3.1.2 Recent Economic Developments ................................................................................ 185<br />

25.3.1.3 Expected Future Developments .................................................................................. 185<br />

25.3.2 Existing Power Market .................................................................................................. 186<br />

25.3.2.1 Institutional Set-up ..................................................................................................... 186<br />

25.3.2.2 Current Situation ........................................................................................................ 186<br />

25.3.2.3 Electricity Generation................................................................................................. 186<br />

25.3.2.4 Electricity Sold ........................................................................................................... 187<br />

25.3.2.5 Electricity Cost ........................................................................................................... 187

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