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ERERA to conduct study on impact of electricity reforms on states


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Accra, Aug. 3, GNA – The ECOWAS Regional
Electricity Regulatory Authority (ERERA) will soon begin a study on the
economic, financial and technical impact of the unbundling of the electricity
sector in some ECOWAS Member States, which have carried out power sector
reforms.

The findings of the study would enable ERERA
to update, more appropriately, its evaluation report on the countries’
implem

Accra, Aug. 3, GNA – The ECOWAS Regional
Electricity Regulatory Authority (ERERA) will soon begin a study on the
economic, financial and technical impact of the unbundling of the electricity
sector in some ECOWAS Member States, which have carried out power sector
reforms.

The findings of the study would enable ERERA
to update, more appropriately, its evaluation report on the countries’
implementation of the reforms on the Organisation of the Regional Electricity
Market and determine the degree of impact.

A statement issued by the ECOWAS, and made
available to the Ghana News Agency in Accra, said members of the joint ERERA
Consultative Committees of Regulators and Operators ended their two-day meeting
in Accra recently.

It said the findings of the study would
encourage other Member States to accelerate the electricity reform processes in
their countries to benefit their citizens, as envisaged by ECOWAS.

The reform provides for the gradual
establishment of the ECOWAS regional power market through the harmonisation of
national electricity markets. It also provides for a regional market design at
different market phases, open access to the regional transmission network and
access by eligible customers. In addition, it provides for the harmonisation of
contractual arrangements relating to cross-border electricity exchanges for the
import and export of electricity, among other things. Members of the joint
Consultative Committees reviewed the Market Participation Agreement documents
for the ECOWAS Regional Electricity Market and its accompanying Participation
Form.

The Participation Agreement spells out the
requirements for admission into the Regional Electricity Market and the
obligations of the market participant (who may function as a generator, a
distribution company, or as an eligible customer participating directly in the
electricity market).

Members of the joint Committees who split into
two working groups (Legislation and Licensing Working Group and Pricing and
Performance Working Group) during the Accra meeting reviewed the Terms of
Reference for these two groups of documents relating to sanctions and wheeling
tariffs, respectively.

GNA


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