• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, June 27, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Electricity Regulators, Operators Meet On ECOWAS Documents For Regional Market

by Leadership News
3 years ago
in Business
Electricity Regulators
Share on WhatsAppShare on FacebookShare on XTelegram

Officials of the electricity regulators from the national authorities and operators from the ECOWAS member states will hold a three-day meeting beginning today, in Accra, Ghana to review some documents which are critical to the development of the regional electricity market.

Advertisement

These experts are members of the Consultative Committees of Regulators and Operators, organs created to assist the ECOWAS Regional Electricity Regulatory Authority (ERERA) in its mandate of establishing and developing the Regional Electricity Market.

The experts will consider the Detailed Rules and Procedures for Market Surveillance, a document being developed by ERERA to provide transparent procedures and processes to monitor the regional electricity market, in accordance with its powers to prevent abuse and distortions as well as sanction defaulters.

The Market Surveillance Rules will also specify the roles to be played by the various stakeholders in the region, including national regulatory authorities, Transmission Service Operators and System and Market Operators, to facilitate effective monitoring of the market.

Among others, the draft Market Surveillance Rules comprises the draft Guidelines for Market Surveillance of ECOWAS Regional Electricity Market; analysis of Existing Bi-lateral Contracts for Conformity with Model Bi-lateral Agreement and ECOWAS Market Documents; as well as the Report on Definition and Revision of the Detailed Rules and Procedures for Market Surveillance.

RELATED

EMERGENCY RULE IN RIVERS… NASS Backs Tinubu, Niger Delta Leaders Kick

Reps Okay N1.13trn Customs’ Budget, Want Excise On Telecomm Services, Others Re-introduced

18 hours ago
Operator Launches New Container Freight Station At Onne Port

CSR: Onne Multipurpose Terminal Commissions Solar-powered Water Project

20 hours ago

The meeting will also review the Gap Analysis Report of a recent study which relates to the Functional Model on System Reliability and Electricity Market for the ECOWAS Electricity Market.

Furthermore, the regional experts will review the draft rules for the Harmonization of Licensing Criteria for the Regional Electricity Market. The harmonized framework for granting of licenses and authorizations for participation in the power market includes guidelines for grant of export and import licenses for cross-border power trading in ECOWAS countries as well as model export and import licenses for adoption by the member states.

According to ERERA’s documents, a harmonized licensing framework will provide the regulatory tools that will help regulators keep an oversight of the market. It will also help ensure that licensing does not restrict entry by players into the regional electricity market.

The participants at the meeting will be updated on the ECOWAS Directive on the Organization of the Regional Electricity Market, with emphasis on the drafting of national roadmaps.

With the imminent launch of the second phase of the regional electricity market, ERERA is expected to put in place the enabling regulatory framework which will help in fast-tracking the development of the regional electricity market.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Access To 25% Retirement Savings’II Bridge Housing Deficits – MBAN

Next Post

Nigeria Air: Federal Govt Begins Recruitment Ahead Of Take-Off

Leadership News

Leadership News

You May Like

EMERGENCY RULE IN RIVERS… NASS Backs Tinubu, Niger Delta Leaders Kick
Business

Reps Okay N1.13trn Customs’ Budget, Want Excise On Telecomm Services, Others Re-introduced

2025/06/26
Operator Launches New Container Freight Station At Onne Port
Business

CSR: Onne Multipurpose Terminal Commissions Solar-powered Water Project

2025/06/26
UNDP, FCMB, CEFTER Support 25 Agritechs In AgroHack Challenge
Business

UNDP Commits $50,000 To Support Nigeria’s Nature-positive MSMEs

2025/06/26
Ministers To Lead Discussion On Nigeria’s Energy Transition
Business

FG Explores Interventions To Stabilise Gas Supply, Power Tariffs

2025/06/26
Mixed Performance On Equities Expected This Week
Business

Stocks Sustain Gains, Rise By N1.185trn As ASI Crosses 120,000 Points

2025/06/26
Abia To Get Smart City
Business

Experts Predict Quantum Leap In Abia North District’s GDP

2025/06/26
Leadership Conference advertisement

LATEST

Ododo’s Wife Collaborates With NDLEA To Fight Against Drug Abuse, Trafficking

Governor Sule Calls For Resumption Of Oil Drilling In Nasarawa

Tiv Group Rejects Alago’s Claim To Yelwata Land

MTN Intensifies Fight Against Drug Abuse With Youth-focused Strategies

World Drug Day: Drug Abuse Fueling Mental Health Disorders, Crime – Pharmacists

IGP Orders Investigation Into Pension Benefits Of Retired Policemen

FG Commits To Proactive Measures For Flood Risk Management

Nigerian Researchers Present Market-ready Prototypes Of Innovative Inventions

Senate Confirms Chibudom Nwuche As Chairman Of South-South Development Commission

Lions Club Donates Renovated 2-Bedroom Hostel, Food Items to Orphanage in FCT

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.