Project News Details
Title:
Multinational - SADC: Regional Harmonization of Regulatory Frameworks and Tools for Improved Electricity Regulation in SADC
Detail:
The Regional Harmonization of Regulatory Frameworks and Tools for Improved Electricity Regulation in SADC is a regional initiative designed to enhance the sustainability of the regional electricity sector through effective, uniform, and transparent regulatory frameworks that set out clear principles, rules, processes and standards for the SADC region. The main objective is to harmonise regulatory frameworks to facilitate electricity trading within SADC, a Regional Economic Community comprising 16 Member States. A combination of studies, capacity building and development of tools will be undertaken to realise these main objectives. The project comprises four main components: (i) Elaboration and Adoption of Regional Electricity Regulatory Principles (RERP) and Key Performance Indicators for RERA; (ii) Expansion of Regional Utility Key Performance Indicators (UKPI); (iii) Harmonised Comparison of Electricity Tariffs (HCET) and Cost Reflectivity Assessment Framework Tool (CRAFT); (iv) Development of Energy Information and Database Management System (EIDBMS). A final component will cover Program Management which will be co-financed with RERA Secretariat. The project is designed as a three-year programme and will be financed from ADF Grant Resources. The project budget net of taxes and duties is UA 857,000 (USD 1.2 million).
Source:
African Development Bank Group
Published Date:
14.07.2021
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