Based on the Technical Assistance Report, the TA is a timely response to (i) conduct a comprehensive assessment of, and gather the lessons from, the first batch of DSM pilots; (ii) recommend an innovative financing mechanism to diversify DSM investments; (iii) enable the scaling up of DSM pilot cities and make it market-driven and self-sustainable and (iv) propose a market-driven mechanism to solicit demand response from large electricity consumers to optimize peak load management. The TA is closely aligned with the Midterm Review of Strategy 2020 objectives of facilitating knowledge transfer in state-of-the-art technologies and market practices as well as ADB’s country partnership strategy and energy sector strategy for the PRC, which seek to promote energy efficiency, resource conservation, and increased utilization of renewable energy. The impact will be reduced peak demand and electricity consumption through DSM. The outcome will be the implementation of market-based policies and reforms to scale-up DSM financing implemented.
According to ADB documents, safeguard categorization is not applicable for this project.
Project Officer: Lu, Lanlan
East Asia Department
No contact information provided at the time of disclosure.
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