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ERERA rolls out cross-border electricity market
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Business Day Ghana
The acting chairperson for the ECOWAS Regional Electricity and Regulatory Authority (ERERA) Ifeyinwa Ikeonu has 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 the ERERA boss, 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.
Earlier this year, Mrs Ikeonu presented three documents that had been approved by ERERA to fast-track the establishment of the electricity market to the West Africa Power Pool (WAPP).
The documents covered the regional market rules, the tariff pricing methodology, as well as the WAPP operational manual.
Ignacio Burrull, European Union (EU) Head of Cooperation in Ghana disclosed that the cross-border electricity market of which the EU had been a strong supporter, would become valid in the electricity sector and in West Africa.
['west'
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'erera'
'energy'
'rules'
'eu'
'ecowas'
'rolls'
'electricity'
'crossborder'
'place']