SADC Sets Up Regional Electricity Sector Regulatory

0
67
Electricity

Maputo: SOUTHERN Africa’s regional bloc has revealed plans to set up an energy sector regulator in the region to facilitate and improve regional energy security, a report said.

SADC energy sector experts met in Maputo, Mozambique to produce proposals and reflections on the transformation of the Southern African Regional Electricity Regulators Association (RERA) into a regional energy regulator.

A study to this effect is underway and will be completed later this year.

“The idea is for an entity that can harmonise existing legislation. [The investor] has to meet the same conditions and requirements in any other country in the region, because we are harmonized and coordinated and this entity will contribute to this,” president of Mozambique Energy Regulatory Authority (ARENE), Guilherme Mavila, said.

The project is part of the Regional Infrastructure Development Master Plan (RIDMP) launched in 2012 during the 32nd SADC Heads of State and Government Summit held in Mozambique in August 2012.

The southern African region faces a number of challenges regarding the provision of adequate regional infrastructure and energy supply capable of supporting increasing industrial development and expanding access.

Implementation of the RIDMP is critical for exploration, through regional integration, of the region’s full energy potential, with vast and diversified resources such as water, coal, natural gas and wind and solar energy.

Source: Lusa / Noticias/AllNetAfrica



LEAVE A REPLY