An action plan is prepared for (1) the establishment of an Energy Efficiency Unit at the Ministry of Electricity and for (2) implementation of at two of the energy efficiency projects in NEEAP A comprehensive energy pricing and fuel switching strategy for Egypt including detailed action plans for compensatory measures to mitigate the impact of subsidy removal is developed; A communication strategy for fuel subsidy reform including public consultation is prepared; A database of the poor and vulnerable is developed with [number] of households registered in the new poverty database; and Direct project beneficiaries (number), of which female (percentage) PROJECT DESCRIPTION Project Components The project will include the following three components: Component 1: Sector Institutional Development and Financial Viability (US$ 2.7 million): The technical assistance included under this component will support the analysis of reform options to improve the financial viability and management of the electricity utilities in Egypt and their governance structure, developing effective strategies for the fuel pricing to the power generation, and developing action plans for the governance and piloting of energy efficiency schemes. The following subcomponents will be financed under this component: Subcomponent 1: Electricity Utilities Financial Management and Governance (US$ 1.25 million). The Power sector’s financial viability would depend, among some other factors, on the price at which electricity is sold, the price at which fuel is bought, and the amount of government subsidy that would be provided to the sector. Aside from these parameters the financial flows throughout the sector and the decision making process will have significant impact on the financial performance of the power sector. A further complexity that should be embedded in the decision making and institutional arrangements is the need to create a balanced financial standing for the public and private suppliers of electricity. This is particularly important for Egypt that has decided to move towards a two-tiered electricity market in which the public and private suppliers would need to sell to the same wholesale market and therefore be able to compete with each other. Therefore, this subcomponent will include a comprehensive analysis and assessment of the current structure of the public sector power utilities (EEHC and affiliated companies) including organizational, governance, financial and accounting management, and performance monitoring and evaluation. The assessment will propose options for the power utilities to improve their organization and corporate structure, financial management and governance structure. The capacity building and training programs should be designed and detailed by the main consultancy assignment developing the required assessment and action plans. Capacity building and training programs can be
An action plan is prepared for (1) the establishment of an Energy Efficiency Unit at the Ministry of Electricity and for (2) implementation of at two of the energy efficiency projects in NEEAP A comprehensive energy pricing and fuel switching strategy for Egypt including detailed action plans for compensatory measures to mitigate the impact of subsidy removal is developed; A communication strategy for fuel subsidy reform including public consultation is prepared; A database of the poor and vulnerable is developed with [number] of households registered in the new poverty database; and Direct project beneficiaries (number), of which female (percentage) PROJECT DESCRIPTION Project Components The project will include the following three components: Component 1: Sector Institutional Development and Financial Viability (US$ 2.7 million): The technical assistance included under this component will support the analysis of reform options to improve the financial viability and management of the electricity utilities in Egypt and their governance structure, developing effective strategies for the fuel pricing to the power generation, and developing action plans for the governance and piloting of energy efficiency schemes. The following subcomponents will be financed under this component: Subcomponent 1: Electricity Utilities Financial Management and Governance (US$ 1.25 million). The Power sector’s financial viability would depend, among some other factors, on the price at which electricity is sold, the price at which fuel is bought, and the amount of government subsidy that would be provided to the sector. Aside from these parameters the financial flows throughout the sector and the decision making process will have significant impact on the financial performance of the power sector. A further complexity that should be embedded in the decision making and institutional arrangements is the need to create a balanced financial standing for the public and private suppliers of electricity. This is particularly important for Egypt that has decided to move towards a two-tiered electricity market in which the public and private suppliers would need to sell to the same wholesale market and therefore be able to compete with each other. Therefore, this subcomponent will include a comprehensive analysis and assessment of the current structure of the public sector power utilities (EEHC and affiliated companies) including organizational, governance, financial and accounting management, and performance monitoring and evaluation. The assessment will propose options for the power utilities to improve their organization and corporate structure, financial management and governance structure. The capacity building and training programs should be designed and detailed by the main consultancy assignment developing the required assessment and action plans. Capacity building and training programs can be