Monday, September 15, 2014

Burkina Faso to host 5th ERERA Forum

ERERA's 5th Forum on regional electricity regulation will take place on November 13 and 14, 2014 in Ouagadougou, capital city of Burkina Faso. The Forum, like the others before it,  serves as a permanent platform for discussion aimed at regulators and all stakeholders in the electricity sector in West Africa. 

ERERA is also expecting to give the 2014 forum an international character in order to expand this sharing of knowledge and expertise to electricity sector regulators  in other parts of Africa and the world, including southern Africa, Eastern Europe and Latin America who  share the same challenges in terms of regulation and who have similar experiences  on  issue of regulatory practices.

The theme for this year's Forum is ‘Realizing the ECOWAS Regional Electricity Market: Opportunities and Challenges. It reflects the upper most concern of our member states, that currently the establishment of a sustainable regional electricity market is central in addressing the challenges of  infrastructure development and  access to electricity.

The establishment of the regional market will assist in tackling the issue of unequal distribution of energy resources among countries as well as the critical issue of bridging the gap between supply and demand of electricity. Regional regulation will oversee contractual arrangements that govern cross-border transactions between parties operating in the regional electricity market. 

The effectiveness of regional regulation enhances the confidence to address governance in the sector and facilitate the involvement of private sector participation as well as public-private partnership, without which necessary investments in the electric power sector development will be difficult to achieve. In this regard, the objective is to promote transparency of cross-border exchanges in electricity, through the introduction of market rules incorporating key principles such as cooperation, gradualism, transparency, non-discrimination, competitiveness and sustainability.  

The establishment of ECOWAS regional electricity market is planned in three phases, each of them corresponding to a vision of development in the short, medium and long-term. There are obviously issues around it all. The 5th Forum, through the active participation of key stakeholders, will address all these issues, including driving forces to build a regional market and facilitate regional power trade; modalities for financing energy infrastructure in order to increase the availability of electricity; governance issues and regulatory best practices; as well as innovative solutions to promoting renewable energy and energy efficiency.

The Forum will bring together stakeholders from the energy sector of ECOWAS Member States, including the Ministries in charge of Energy and Finance, national regulatory authorities, utility companies, parliamentarians, academics, researchers, consumer groups and other civil society organizations, banks and financial institutions, regional and international institutions as well as development partners.

Participants are also expected from other regional economic communities (RECs), regulators’ associations and the general public.

The REGISTRATION FORM is available here

For further information, please contact:

- Mr. Oumar Bangoura
Tel.: +233 544 331 536

-  Ms. Regina Quaye
Tel.: +233 544 343 052 / +233 302 817 047

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