|Approval Date||24 Oct 2019|
|Signature Date||11 Dec 2019|
|Planned Completion Date||31 Aug 2022|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||23220|
The present intervention concerns the Capacity Building for The Operationalization of the Eastern Africa Power Pool (EAPP) Regional Power Market Trade Project. The project aims to provide support to EAPP to establish the regional power market trade in Eastern Africa, thereby improving access to reliable, clean and affordable electricity in the Region. The key expected output is finalization of shadow market operations, i.e. power market modelling and simulation of the existing bilateral trade, which is a final step in the transition to real market trade. Shadow market operations will provide sound data on which to base market design and identify regulatory bottlenecks to inform responses. The Project will also support the harmonization of regulatory framework for power trading, such as wheeling arrangements to facilitate cross-country power trade. The second output is the full establishment of the EAPP Market Committee (MC), with capacity in regional power market development. The project has two main components, namely: (i) capacity building for market readiness and (ii) project management.
The project’s objective is to enhance the capacity for commercial reediness as a last step towards real power market trading.
The direct beneficiaries the capacity building activities are the EAPP General Secretariat and the power Utilities in the 11 EAPP Member Countries. Indirect beneficiaries will be electricity users in the EAPP Member countries who will benefit from enhanced access to reliable and affordable power, since competitive regional pool is expected to lead to a reduction in tariffs.
African Development Fund
EASTERN AFRICAN POWER POOL (EAPP)
|Last Update||20 Oct 2020|