Papua New Guinea qtm energy

What is Papua New Guinea's energy future?

“This project represents a major step forward for Papua New Guinea’s energy future. It will not only expand access to reliable electricity but will also contribute to the country’s climate goals by scaling-up renewable energy,” said World Bank Group Country Manager for Papua New Guinea, Khwima Nthara.

What will Papua New Guinea do by 2030?

By 2030, PNG aims to increase renewables to 78% of the national energy mix. Papua New Guinea aims to transition its energy sector to carbon neutrality by: Moreover, Papua New Guinea has outlined four main actions to achieve Sustainable Development Goal 13 (Take urgent action to combat climate change and its impacts):

Does Papua New Guinea have oil & gas extraction projects?

According to Global Energy Monitor's Global Oil and Gas Extraction Tracker (March 2024 release), Papua New Guinea has five discovered oil and gas extraction projects: the Pasca Oil and Gas Field, the Stanley Oil and Gas Field, the Kutubu Oil Project, the P’nyang Gas Field, and the Elk-Antelope Gas Field.

Where is Papua New Guinea located?

Papua New Guinea (PNG for short) occupies the eastern half of the island of New Guinea (the western part belongs to Indonesia). The energy sector is under the control of the Department of Petroleum and Energy (DPE), through two main divisions: Petroleum Division (oil and gas) and Energy Division (electricity and renewables).

Does Papua New Guinea need electricity?

The Government of Papua New Guinea also aims to increase electricity access to 70% of the population by 2030, a goal which will require connections of 100,000 households per year.

How much wind power does Papua New Guinea have?

Wind Power Density of Papua New Guinea at 100 meters, as published by the Global Wind Atlas. According to the International Finance Corporation's Powering the Pacific report, PNG has vast untapped renewable energy potential. Estimates are as follows: Hydropower: Gross potential of 20,000 MW, with a technically feasible potential of 14,000 MW.