from: http://www.apanews.net/news/en/article.php?id=204639
Nigeria-ECOWAS-Energy ECOWAS energy experts to meet in Senegalese capital over regulatory fees 
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0 0 APA – Lagos (Nigeria) Energy experts from ECOWAS member states will meet in Dakar, Senegal from 24th to 26th July 2013, to agree on modalities on the methods for calculation and payment of regulatory fees, as well as its related regulatory text.
A statement issued by the ECOWAS Commission on Tuesday in Abuja noted that the Dakar meeting is being organized in compliance with a 24th May 2013 directive by regional ministers of energy that the ECOWAS Regional Electricity Regulation Authority (ERERA), with support from the ECOWAS Commission, to find a consensus and finalize a draft regulation which lays down the rules for the determination and annual payment of royalties for regional cross-border electricity exchanges.
It recalled that the draft resolution was first considered at a meeting of ERERA's Consultative Committees on Regulators and Operators in May 2013 in Lome, Togo.
The committee comprises representatives of regulatory authorities in member states, as well as electricity companies in the region.
"These meetings are part of ECOWAS efforts to fine-tune its regulatory mechanisms, including issues relating to harmonization of policies and practices, in order to create an attractive environment for investors and boost the development of cross-border electricity exchanges in West Africa.
"The regulatory system is also expected to serve as a guarantee for the implementation, monitoring and control of cross-border exchanges, in realization of some of the main objectives for which ERERA was set up in 2008," the statement said.
GIK/daj/APA 2013-07-23 17:06:28 - See more at: http://www.apanews.net/news/en/article.php?id=204639#sthash.MrQnTZrX.dpuf
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0 0 0 APA – Lagos (Nigeria) Energy experts from ECOWAS member states will meet in Dakar, Senegal from 24th to 26th July 2013, to agree on modalities on the methods for calculation and payment of regulatory fees, as well as its related regulatory text. A statement issued by the ECOWAS Commission on Tuesday in Abuja noted that the Dakar meeting is being organized in compliance with a 24th May 2013 directive by regional ministers of energy that the ECOWAS Regional Electricity Regulation Authority (ERERA), with support from the ECOWAS Commission, to find a consensus and finalize a draft regulation which lays down the rules for the determination and annual payment of royalties for regional cross-border electricity exchanges.
It recalled that the draft resolution was first considered at a meeting of ERERA's Consultative Committees on Regulators and Operators in May 2013 in Lome, Togo.
The committee comprises representatives of regulatory authorities in member states, as well as electricity companies in the region.
"These meetings are part of ECOWAS efforts to fine-tune its regulatory mechanisms, including issues relating to harmonization of policies and practices, in order to create an attractive environment for investors and boost the development of cross-border electricity exchanges in West Africa.
"The regulatory system is also expected to serve as a guarantee for the implementation, monitoring and control of cross-border exchanges, in realization of some of the main objectives for which ERERA was set up in 2008," the statement said.
GIK/daj/APA 2013-07-23 17:06:28 - See more at: http://www.apanews.net/news/en/article.php?id=204639#sthash.MrQnTZrX.dpuf
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