The Acting Chairperson of the ECOWAS Regional Electricity Regulatory Authority (ERERA), Mrs. Ifeyinwa Ikeanu has reiterated her outfit’s commitment to creating an enabling environment for electricity transmission, regulation and transaction among member countries.
She said electricity like other utilities, was essential to both individuals and organisations, hence the need for much attention to be paid to the sector.
Mrs. Ikeanu was speaking when the new Secretary General of the West African Power Pool (WAPP), Mr. Siengui Apollinaire Ki, called on the management of ERERA in Accra to officially introduce himself to management.
She said the core mandate of ERERA was to regulate cross-border trade in electricity among ECOWAS member states.
“ERERA is also required to establish clear and transparent tariff setting methodology for regional power pooling, assist national regulatory bodies in ECOWAS on capacity building and technical issues upon request, as well as help ensure an attractive environment for investors,” she said.
Mrs. Ikeanu said one key target that ERERA was focusing on was how to win investors to boost the sector.
She used the occasion to present three documents to WAPP to facilitate regional market including the WAPP operations manual, the regional transmission tariff methodology and the ECOWAS regional market rules.
The documents, Mrs Ikeanu said, were a critical milestone in attracting more investment to the ECOWAS electricity sector and address the twin challenges of energy access and energy scarcity.
Mr. Ki commended ERERA for its good works, saying per the mandates of both bodies they would ensure that they discharge their mandate dispassionately.
By Francis Asamoah Tuffour