The Phase One of the regional electricity market set for launch at the end of 2016, would address the twin problem of energy access and energy security in the region.


Members of the consultative committees of regulators and operators of the Regional Electricity Regulatory Authority at regional bloc ECOWAS had their sixth meeting in Accra, Ghana on Tuesday, as the launch of the West African electricity market draws near.

The Acting Chairperson of the ECOWAS Regional Electricity Regulatory Authority, Ifeyinwa Ikeonu, said the meeting comes at a critical period for the authority as the regulator moves towards the actual commencement of the regional electricity market slated for the last quarter of next year.

“We have revised our strategic plan for the period 2016-2020 to align with the ECOWAS strategic plan and to better address the overriding objective of ensuring universal access to electricity to all citizens of the ECOWAS region in line with the ECOWAS Energy Protocol,” she told journalists at the opening session.

The meeting will specifically consider the status of the implementation of the ECOWAS ministerial Directive on the organization of the regional electricity market issued in 2013.

The directive provides the general framework for governing the regional electricity market within the framework of the ECOWAS Energy Protocol.

The regional bloc has set the ambitious goals to increase the share of renewable energy to 31 percent of its energy mix and to achieve 100 percent access to sustainable energy by 2030. Enditem

Source: Xinhua


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