The Federated States of Micronesia - Renewable Energy Target

FM Renewables Portfolio Standard commercial industrial local government nonprofit residential schools state government tribal government multifamily residential low income residential institutional

Program Details

Program ID
5776
Last Updated
11/26/2024

Eligibility

Eligible Sectors
commercial industrial local government nonprofit residential schools state government tribal government multifamily residential low income residential institutional
Eligible Technologies
solar photovoltaics wind (all) biomass hydroelectric ocean thermal yes; specific technologies not identified

Program Summary

Note: The Federated States of Micronesia are a United States associated state.

In 2012, the Federated States of Micronesia (Yap, Chuuk, Pohnpei and Kosrae) put in place an energy policy, which calls for a 30 percent reduction in use of fossil fuels and 50 percent increase in energy efficiency by 2020. In addition, it sets broad goals of:1. Provision of affordable and safe electricity to all the households in the main island center by 2015.2. Electrification of 80% of rural public facilities by 2015. 3. Electrification of 90% of rural households by 2020. 4. Enhance the supply side energy efficiency of the FSM by 20% by 2015. The "National Vision" for energy is: "To improve the life and livelihood of all FSM citizens with affordable, reliable and environmentally sound energy." The "National Objective" is: "to promote the sustainable social and economic development of FSM through the provision and utilization of cost-effective, safe, reliable and sustainable energy services." In line with this the FSM has a focal area of disadvantage and or geographically remote communities.

Contact & Resources

Please verify current program details with the administering agency before making any financial decisions.

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