IFC / FOSSIL FUEL GENERATORS

20-Sep-2019 00:02:39
A new International Finance Corporation (IFC) report calls for eliminating diesel and gasoline generators and replacing them for superior solar alternatives. IFC
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STORY: IFC / FOSSIL FUEL GENERATORS
TRT: 3:05
SOURCE: IFC / FILE
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS

DATELINE: 18 SEPTEMBER 2019, WASHINGTON DC / FILE
SHOTLIST
FILE – AE21 – NIGERIA

1. Med shot, Man starting a generator (Nigeria file footage)
2. Med shot generators

18 SEPTEMBER 2019, WASHINGTON DC

3. SOUNDBITE (English) Russell Sturm, Head, Energy Access, IFC:
“There's the equivalent of 500 gigawatts capacity globally being deployed by privately owned generators. These burn diesel, they burn gasoline and the results of their burning is a diversion of tremendous amount of capital, globally fifty billion dollars a year is spent on the fuel alone. Service costs, probably another 15 to 20 billion opportunity costs incalculable, when you think about the amount of time and energy spent running these things. If we could take in Africa alone, the generators offline, it would be the equivalent of removing 22 million automobiles from the African continent.”

FILE – DOMINIC CHAVEZ/ IFC – BANGLADESH

4.Wide shot, solar panel

FILE – AE21 – NIGERIA

4. Various shots, generators

18 SEPTEMBER 2019, WASHINGTON DC

5. SOUNDBITE (English) Russell Sturm, Head, Energy Access, IFC:
“When you think about the health impacts these engines emit particulates and ozone both of which have tremendous health impacts. Massive amounts of greenhouse gas, but what's distinctive about these and the reason why the emissions from generators are different from the emissions from a car, is that they're right where you live and right where you work.”

FILE – AE21 – NIGERIA

6. Various shots, generators

18 SEPTEMBER 2019, WASHINGTON DC

7. SOUNDBITE (English) Russell Sturm, Head, Energy Access, IFC:
“What we are certain of at IFC is that we are at the front end of a wave of being able to displace the generators. We know this is going to happen. We are putting out there the scope of this problem so that the development community and fast mover private sector companies will partner with us – to accelerate the pace at which we are able to displace generators. And create a more sustainable and competitive and healthy and safe future for the countries we are trying to develop.”

FILE - DOMINIC CHAVEZ/ IFC

8. Wide shot, photo of salt pan to solar panels

18 SEPTEMBER 2019, WASHINGTON DC

9. SOUNDBITE (English) Russell Sturm, Head, Energy Access, IFC:
“It has to be a private sector solution. The scale of investment needed, and the type of innovation still required, not just to improve the technology so that it's able to penetrate not just a few different niches where it's cost-effective right now, but actually completely displaced generators - will require competition it'll require Innovation. It'll require private sector investment. “

FILE - DOMINIC CHAVEZ/ IFC

10. Wide shot, still photo solar panels
11. Wide shot, still photo of sun set
STORYLINE
A new International Finance Corporation (IFC) report calls for eliminating diesel and gasoline generators and replacing them for superior solar alternatives.

The report estimates that there are 20-30 million sites using these generators globally, consuming 40-70 billion liters of fossil fuel, to power their households and businesses, annually at a cost of US$30-50 billion, and an additional US$1.1-2.1 billion in government subsidies.

SOUNDBITE (English) Russell Sturm, Head, Energy Access, IFC:
“There's the equivalent of 500 gigawatts capacity globally being deployed by privately owned generators. These burn diesel, they burn gasoline and the results of their burning is a diversion of tremendous amount of capital, globally fifty billion dollars a year is spent on the fuel alone. Service costs, probably another 15 to 20 billion opportunity costs incalculable, when you think about the amount of time and energy spent running these things. If we could take in Africa alone, the generators offline, it would be the equivalent of removing 22 million automobiles from the African continent.”

The IFC report, which is titled “The Dirty Footprint of the Broken Grid,” looked at the use of these generators in 167 developing countries, excluding China. It concluded that the generators’ toxic emissions have a negative impact on economy, environment and public health. They also impose a cost of up to US$2.1 billion on governments.

SOUNDBITE (English) Russell Sturm, Head, Energy Access, IFC:
“When you think about the health impacts, these engines emit particulates and ozone both of which have tremendous health impacts. Massive amounts of greenhouse gas, but what's distinctive about these and the reason why the emissions from generators are different from the emissions from a car, is that they're right where you live and right where you work.”

SOUNDBITE (English) Russell Sturm, Head, Energy Access, IFC:
“What we are certain of at IFC is that we are at the front end of a wave of being able to displace the generators. We know this is going to happen. We are putting out there the scope of this problem so that the development community and fast mover private sector companies will partner with us – to accelerate the pace at which we are able to displace generators. And create a more sustainable and competitive and healthy and safe future for the countries we are trying to develop.”

The report also calls for innovation and the private sector involvement to accelerate the mass-substitution of fossil fuel generators for solar alternatives.

SOUNDBITE (English) Russell Sturm, Head, Energy Access, IFC:
“It has to be a private sector solution. The scale of investment needed, and the type of innovation still required, not just to improve the technology so that it's able to penetrate not just a few different niches where it's cost-effective right now, but actually completely displaced generators - will require competition it'll require Innovation. It'll require private sector investment.”
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