Project General Description
This project concerns the Regional Harmonization of Regulatory Frameworks and Tools for Improved and Sustainable Electricity Regulation in ECOWAS. It’s a regional initiative designed to enhance the sustainability of the electricity sector of the region through effective, uniform, transparent and enforceable regulatory frameworks that set out clear principles, rules, processes, and standards for ECOWAS. The project is to establish a harmonised regional electricity regulatory framework among ECOWAS member countries to enhance cross-border electricity trade across the region. It has a strong regional public goods character with strong regional impact and public interest in terms of capacity building and institutional strengthening that foster regional energy trade and integration.
The project has five components, namely: (i) Elaboration of Electricity Regulatory and Utility Key Performance Indicators (KPIs), (ii) Harmonised and Gender sensitive Comparison of Electricity Tariffs (HCET) in ECOWAS and Cost Reflectivity Assessment, (iii) Development of Gender Sensitive and climate-informed Energy Information and Database Management System (EIDBMS), (iv) Gender Sensitive Assessment of Investment bottlenecks and risks in ECOWAS member countries and (v) Program Management.
The project is targeted at the 10 ADF countries in ECOWAS, however, the outputs of the project will be available to all the 15-member countries of ECOWAS for use. As a harmonisation project, the involvement of the other countries will add value to the components and studies particularly relating to the comparative studies and assessments.