Upload
others
View
1
Download
0
Embed Size (px)
Citation preview
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
1
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
Prof. Honoré BOGLER Chairman of ERERA
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
A community of 15 West African States (Benin, Burkina Faso, Cabo-Verde, Côte-d’Ivoire, The
Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali,
Niger, Nigeria, Senegal, Sierra-Leone, Togo)
ECOWAS
Economic Community Of West African States
ERERA : Who we are?
ECOWAS REGIONAL ELECTRICITY REGULATORY AUTHORITY (ERERA)
Regulate the cross-border power exchange among ECOWAS Member States,
Contribute to setting up a regulatory and economic environment for the development of the regional market,
Provide technical assistance and maintain cooperation among national regulatory authorities of ECOWAS member States
A specialized institution of ECOWAS created by the Supplementary Act A/SA.2/1/08 of 18 January 2008 to:
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
Latest Regulatory Developments
Institutional Development
Development of the regional electricity market
Regional & International cooperation and
presence
Current and next developments
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
LATEST INSTITUTIONAL DEVELOPMENTS
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
INSTITUTIONAL DEVELOPMENT
POOL OF EXPERTS HR/ ADMIN & FINANCE
• Economist
Lawyer
Engineer
Communication Officer
IT Officer
• Head of HR/Admin & Finance
Human Resources & Admin Officer
Finance & Account Officer
Chairman
Member
Member
REGULATORY COUNCIL ③
ORGANOGRAM OF ERERA
Consultative Committees Regulators
Operators
• Consumers
G STAFF
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
INSTITUTIONAL DEVELOPMENT
End of tenure of the first Regulatory Council Members
Appointment of new Regulatory Council Members
Recruitment based on a transparent and competitive process
supervised by the ECOWAS Commission
Non renewable tenure of 5 years
Chairman : June 2015
Two other members : April 2016
Chairman : April 2016
Two other members : Expected by end 2016
ERERA Regulatory Council
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
7
The Consultative Committee of Regulators
This committee was created in November 2011 and established in
December 2011. The Consultative Committee of Regulators has been
chaired, since November 2013, by the Regulator of Côte d'Ivoire
(ANARE).
The Consultative Committee of Operators
This committee was also created in November 2011 and established in
December 2011. The Consultative Committee of Operators has been
chaired, since November 2013, by CEB (Togo).
Consultative Organs ERERA Regulations provide for the creation of Consultative organs as
regulatory instruments to assist the Regulatory Council in decision-
making.
The chair of these Consultative Committees is likely to change at the
joint meeting 14 & 15 November 2016
INSTITUTIONAL DEVELOPMENT
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
8
Working Groups To promote its values such as professionalism, transparency and
consultation in its actions and rulemaking process ERERA has set up
Working Groups with the experts of the region especially from National
regulators. Two working groups are now in operation:
The Working Group on Data Collection
This working group was created in 2015 to enable the efficient collection of data of the power sector in ECOWAS Member
States.
The Working Group for ERERA’s Work Programme
This working group was also created in 2015 to promote
consultation on the work programme of ERERA.
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
LATEST DEVELOPMENT OF THE REGIONAL
ELECTRICITY MARKET
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
Adopted by the ECOWAS Council of Ministers on the 21st June 2013.
Objective :
Define the general principles ruling the Regional Electricity Market in
the frame of the ECOWAS Energy Protocol.
Provisions:
Market design: Gradual development and establishment of the regional electricity markets in three (3) phases.
Market organisation documents : Market rules and procedures,
Contract templates, tariff methodology, etc…
Structure of National electricity markets: Functional separation of
accounts in terms of Generation, transmission and distribution
functions
Strengthening of National Regulatory Authorities : independent regulatory authority with the powers including market monitoring
and tariffs setting.
10
Directive on the Organisation of the Regional Electricity Market
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
Implementation of the ECOWAS Directive on the organization of
the regional electricity market
o ERERA and WAPP has set up a joint working in view of
follow up of the implementation of the Conditions precedent for Market Phase 1
implementation of the Conditions precedent for Market Phase 1
Assessment of the implementation of the Directive
o ERERA conducted the assessment from March 2015 to
March 2016 in the 15 ECOWAS Member States.
o The report is yet to be submitted to the next Meeting of
the ECOWAS Council of Ministers.
11
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
Implementation of the ECOWAS Directive on the organization of
the regional electricity market
implementation of the Conditions precedent for Market Phase 1
CONDITIONS PRECEDENT FOR MARKET PHASE 1
RESPONSIBLE FOR IMPLEMENTATION
STATUS/DEADLINE
Appointment of the ICC as SMO for Market Phase 1
WAPP Done
Approved Implementation Plan for ICC to become SMO
WAPP Done
Contract templates approved by ERERA.
WAPP - ERERA In progress /
31 December 2016
The Regional Transmission Tariff Methodology is approved by ERERA
Methodology: ERERA
Done
Pricing Model: WAPP and ERERA
In progress /
31 March 2017
Levies for ERERA and SMO: ERERA and ECOWAS Council
of Ministers 31 December 2016
Approved Market Procedures WAPP - ERERA In progress /
31 December 2016
Market rules for Market Phase 1 have been approved by ERERA
WAPP - ERERA Done
12
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
The WAPP Operations Manual
The Regional Electricity Market Rules o The Regional Market Rules (RMR) is a set of Rules that
governs cross border trading through the WAPP
Interconnected Transmission System.
o The RMR was approved by ERERA Resolution
N°005/ERERA/15 of 18th August 2015.
o Technical policies, draft by WAPP for efficient and effective
operation of the interconnected power systems.
o ERERA has approved the WAPP Operations Manual by
Resolution N°007/ERERA/15 of 29th September 2015
The Transmission Tariff Methodology for WAPP
o ERERA has approved the Tariff Methodology for Regional
Transmission Cost and Tariff by Resolution N°006/ERERA/15 of
18th August 2015.
13
Implementation of the ECOWAS Directive on the organization of
the regional electricity market
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
LATEST REGIONAL & INTERNATIONAL
COOPERATION
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
Latest Regulatory Developments
Regional and International cooperation
support to ECOWAS Member States without independent regulatory body
Sensitization of Ministers of energy of member States in the
framework of the assessment of the ECOWAS Directive
Sensitization of national Stakeholders in Guinea Bissau
Cooperation with other Regulators
Cooperation of ERERA with EMRA on the Turkey’s 2015 agenda for G20 :
Working session in Accra in September 2015 with EMRA delegation on the Analysis and compilation of regulatory best practices regarding the
regulatory frameworks for countries in Sub-Saharan Africa to attract private
sector in energy infrastructure
Participation to the ERRA Member to member project : Ad Hoc Consultancy
for Drafting an Administrative Procedures for Regulation (Rules of Practice
and procedures) for ERERA. April – May 2016
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
CURRENT AND NEXT DEVELOPMENTS
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
Bilateral Contract Templates
ERERA’s Dispute Resolution Procedures & Enforcement Rules
o First review by the Consultative Committees in April 2016.
o End of Consultation Process at the 8th Consultative Committee
meeting in 14 & 15 November 2016
The Transmission Pricing Model
o through its working group with WAPP, ERERA is doing the follow-up for
the development of a transmission pricing model based on the
approved transmission tariff methodology.
o Draft reviewed by ERERA Consultative Committee in November 2015.
Written comments of Stakeholders in January 2016
o End of Consultation Process at the 8th Consultative Committee
meeting in 14 & 15 November 2016
17
Current and Next developments
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
Market Procedures
o Draft sent in March 2015 by WAPP Secretariat for ERERA approval.
o Will be reviewed by the 8th Consultative Committee meeting in 14 &
15 November 2016
18
Current and Next developments
ERERA Rules of Practice and Procedure
o Ongoing Consultation on the Draft Rules of Practice and Procedure
o Final review scheduled for the 8th Consultative Committee meeting in
14 & 15 November 2016
5th ERERA Regional Regulatory Forum
On 16th November 2016 at OUAGA 2000 in Ouagadougou, Burkina
Faso with the theme:
‘Realizing the ECOWAS Regional Electricity Market: Opportunities and Challenges’.
ERERA Forum information on : www.erera.arrec.org
FOURTH (4 TH) H IGH-LEVEL MEET ING OF REGIONAL ASSOCIATIONS OF EMERGING MARKETS
3 November 2016 - Mi lan , I t a l y
OVERVIEW OF RECENT REGULATORY DEVELOPMENTS - ERERA
THANK YOU
ECOWAS Regional Electricity Regulatory Authority
PMB 76 Accra REPUBLIC OF GHANA