AfDB to launch 1st Electricity Regulatory Index

Port Louis, Mauritius (PANA) - The African Development Bank (AfDB) says it will launch its flagship Electricity Regulatory Index (ERI) – a special report that measures the level of development of the regulatory frameworks in African countries and examines their impact on the performance of their respective electricity sectors.

According to the AfDB media channel, the ERI will be launched on 20 June, 2018, on the sidelines of the 2018 Africa Energy Forum (AEF), taking place from 19-22 June, 2018, in Port Louis, Mauritius.

The ERI was developed from information collected from electricity sector regulators and power utilities in 15 African countries.

Through its New Deal on Energy for Africa, the African Development Bank aims to achieve universal access to energy in Africa by 2025.

It said "Achieving this goal will require a significant amount of private investment into the energy and power assets of African countries.

:Key to mobilizing this crucial flow of financing is the development of a robust power sector regulatory environment, grounded in the rule of law and governed transparently and effectively.

"Periodic evaluation of regulators as practised in many developed countries is important as it enables early identification of problems or gaps so that corrective actions can be implemented as soon as possible."
-0- PANA VAO 14June2018

14 june 2018 13:09:33

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