AfDB launches electricity regulatory index
The African Development Bank (AfDB) launched its Electricity Regulatory Index (ERI) at the Africa Energy Forum 2018, in Mauritius, last month.
The ERI measures the level of development of an African country’s electricity regulatory sector.
Over the last decade, more than 30 African countries have established electricity-sector regulators. Private-sector participation and improvements in overall sector performance, however, are only likely to happen once electricity sector regulation is enhanced to facilitate the additional required reforms.
Among the efforts to identify electricity sector regulation challenges, the AfDB has launched the ERI to provide a comparative, country-by-country assessment of the sector’s level of regulatory development.
In compiling the ERI, the AfDB partnered with the African Forum for Utility Regulators and the Association of Power Utilities of Africa, and consulted more than 25 African national regulators and power utilities to collect information on the regulatory framework and quality of their respective electricity sectors.
The ERI is intended to serve as a diagnostic tool, highlighting key areas in regulatory design and practice that require improvement and reform.
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