The World Bank Report No: ISR6270 Implementation Status & Results Jamaica Jamaica Energy Security and Efficiency Enhancement Project (P112780) Public Disclosure Copy Operation Name: Jamaica Energy Security and Efficiency Enhancement Project Stage: Implementation Seq.No: 2 Status: ARCHIVED Archive Date: 28-Jun-2011 Project (P112780) Country: Jamaica Approval FY: 2011 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Specific Investment Loan Implementing Agency(ies): Key Dates Board Approval Date 10-Mar-2011 Original Closing Date 31-Dec-2015 Planned Mid Term Review Date 30-Jun-2013 Last Archived ISR Date 28-Jun-2011 Effectiveness Date 16-Aug-2011 Revised Closing Date 31-Dec-2015 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of the Project is to increase energy efficiency and security through the implementation of the Borrower's National Energy Policy. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Strengthening the Regulatory and Institutional Framework to Improve Sector Performance, Increase 5130.00 Private Investment and Transition t o Cleaner Fuels Developing Energy Efficiency and Renewable Energy Potential 9080.00 Project Management, Monitoring and Evaluation 752.50 Overall Ratings Public Disclosure Copy Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Substantial Moderate Implementation Status Overview The Project was approved by the Board on March 10, 2011; the Legal Documents were signed on May 19, 2011. The project was made effective in August 16, 2011, and implementation in progressing well. Overall implementation rating is satisfactory. In particular, the Project's Implementation Unit (PIU) is operating with high efficiency. No issues require management attention at this time. In regards to the overall risk rating, PAD described the project's rating as Medium-I (what the team considers Moderate in the ISR rating system*). There are no new risks identified Page 1 of 5 The World Bank Report No: ISR6270 and to some extent, the rating has improved from the time of project appraisal, considering the efficiency with which the PIU is operating. The project's overall risk rating should be moderate as indicated in this ISR. *ISR risk rating system is: Low, Moderate, Substantial and High Public Disclosure Copy Locations No Location data has been entered Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Increase in energy security Number Value 100.00 Date 31-Dec-2010 16-Mar-2012 Comments The indicator will be Actual : 95-0-5 (oil-gas-RE) measured by the structure of the energy matrix. Baseline is 95-0-5 (oil-gas-RE) Reduction in electricity cost (per unit of energy) Number Value 21.00 21.00 12.00 for generation Date 31-Dec-2010 16-Mar-2012 30-Jun-2015 Comments US$/MWh US$/MWh US$/MWh Reduction in electricity costs of SME's Number Value 100.00 80.00 Date 31-Dec-2010 31-Dec-2015 Comments Energy savings (energy or monetary values) as provided in the business plan/feasibility studies under the DBJ line of credit (index100 in 2010) Intermediate Results Indicators Public Disclosure Copy Indicator Name Core Unit of Measure Baseline Current End Target Reporting on the implementation of the Number Value 0.00 9.00 National Energy Policy (number of reports Date 31-Dec-2010 31-Dec-2015 submitted) Comments Financial Management procurement, Number Value 0.00 12.00 safeguards, internal and external audits reports Date 31-Dec-2010 31-Dec-2015 Comments Number and type of reports submitted (cumulative). Monitoring of delivery of Page 2 of 5 The World Bank Report No: ISR6270 reports (MEM twice a year; audits once a year) Capacity building activities regarding Project Number Value 0.00 12.00 Management, Financial Management and Public Disclosure Copy Date 31-Dec-2010 31-Dec-2015 Procurement Comments Number of sessions (cumul) Personnel Assigned to Project Text Value PM, FM and PS PM, FM and PS Date 31-Dec-2010 16-Mar-2012 30-Jun-2015 Comments Investment Commitments to the Electricity Number Value 0.00 625.00 Sector Date 31-Dec-2010 31-Dec-2015 Comments US Million (Cumulative) Infromation/Communication Activities (Project Number Value 0.00 18.00 and National Energy Programme) Date 31-Dec-2010 31-Dec-2015 Comments Number of workshops held, advertisement sponsored, publications distributed Commitments and Disbursements on the Line Number Value 0.00 35.00 of Credit Date 31-Dec-2010 31-Dec-2015 Comments (number of sub projects and value, cumul) value $5 M Prefeasibility, feasibility and other investments Number Value 0.00 10.00 studies underway or completed on Renewable Date 31-Dec-2010 31-Dec-2015 Energy (Hydros, Wind, Solar) Comments Electrical appliances labeled, Information/ Number Value 3000.00 8500.00 Awareness campaigns Date 31-Dec-2010 31-Dec-2015 Comments value refers to # of labels. # of value refers to # of labels. # of campaigns = 0 campaigns = 10 Public Disclosure Copy Implementation of the natural gas/LNG Text Value FSRU & pipelines completed program Date Comments New electricity generating capacity assigned, Megawatt Value 0.00 520.00 negotiated or under construction/installed (MW Date 31-Dec-2010 31-Dec-2015 of generating capacity) Comments FO/Gas: 460, RE: 60) Page 3 of 5 The World Bank Report No: ISR6270 New Energy Sector regulations under Number Value 0.00 12.00 preparation or approved Date 31-Dec-2010 31-Dec-2015 Comments Public Disclosure Copy Data on Financial Performance (as of 22-Sep-2011) Financial Agreement(s) Key Dates Project Loan No. Status Approval Date Signing Date Effectiveness Date Closing Date P112780 IBRD-80070 Effective 10-Mar-2011 19-May-2011 16-Aug-2011 31-Dec-2015 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P112780 IBRD-80070 Effective USD 15.00 15.00 0.00 2.04 12.96 14.00 Disbursement Graph Public Disclosure Copy Key Decisions Regarding Implementation None Restructuring History There has been no restructuring to date. Page 4 of 5 The World Bank Report No: ISR6270 Related Projects There are no related projects. Public Disclosure Copy Public Disclosure Copy Page 5 of 5