West Africa should launch cross-border electricity trading next year. Ifeyinwa Ikeonu, the acting chairperson for the ECOWAS Regional Electricity and Regulatory Authority (ERERA) said the West African cross-border electricity market is expected to kick start trading among the member states by the end of 2016.
According to ERERA, once the electricity market is launched at the end of 2016, it would address the twin problem of energy access and energy security in the region.
Speaking at the 6th meeting of ERERA’s Consultative Committee of regulators and operators in Accra, Ikeonu said the regulators and operators would review the draft dispute resolution procedures and enforcement rules prepared by ERERA for the discharge of its quasi-judicial functions with regards to the regional electricity market.
“In 2013, there was a directive of the ECOWAS council of ministers which mandated all member states to meet certain obligations that would form the framework on which we can build on the regional market. Some of the issues that were tackled in the directive included the issue of open access, having in place tariff pricing methodology, putting in place the regional market rules, the WAPP operational manual and ensuring that all member states have in place independent regulators that would assist in creating the enabling framework for the regional market. The ground rules have been put in place to ensure that come the end 2016, phase one of the electricity market would be launched,” she told the Daily Guide.
Source: Alternative Energy Africa