Members of the Consultative Committees of Regulators and operators of the ECOWAS Regional Electricity Regulatory Authority (ERERA) have endorsed key documents towards the first phase of the regional electricity market, Business Ghana reports.
The templates for the bilateral contracts would serve as a reference for revised or new contracts by Member States when the first phase of the West African electricity market begins in 2016. The endorsement was made after ERERA held their sixth meeting in Accra from November 17 to November 18. The two-day conference was to specifically consider the status of the implementation of the ECOWAS ministerial Directive on the organization of the regional electricity market issued in 2013.
The various types of bilateral contracts – in the short, medium and long term, as well as those for connection and use of the regional transmission network – are currently being developed by the West Africa Power Pool (WAPP) and will be presented to ERERA for adoption.