Global Green Growth Institute
room 19F Jeongdong Bldg., 21-15 Jeongdong-gil, Jung-gu Seoul 04518
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Mongolia Renewable Energy Absorption Project

IATI Identifier: XM-DAC-47136-MN05

Published on IATI
  • date_range Jan 01, 2019 - Dec 31, 2019
  • autorenew Closed (Status)

Energy storage provides a wide range of ancillary services that helps the utility to stabilize the network and improve quality of electricity services. In addition, a key advantage of battery technology lies in its quick ability to respond to blackouts and provide ramping capacity. The Government of Mongolia (GOM) is in the process on considering battery storage to address the fragile network, improve quality of services, and manage loads to meet demand. However, there is no assessment of the most suitable type of battery technology, where the batteries would be best located, and the benefits, including financial. There are no regulations in place to regulate and price ancillary services, which are the major benefits of battery storage.

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Sectors:
  • Energy sector policy, planning and administration

  • Reporting Organisation

Participating Organisations

Global Green Growth Institute Multilateral Implementing
Energy Regulatory Commission of Mongolia Ulaanbaatar City’s Mayor’s Office Government Funding

Transaction

Transaction Value Provider
Receiver
Type Date
132,795 USD Provider N/A Receiver N/A Expenditure
date_range Jan 01, 2019

Budget

146,275 USD
  • 146,275 USD (Valued at Dec 31, 2019)
    date_range Jan 01, 2019 - Dec 31, 2019
access_time Updated on Sep 13, 2023 13:47:19