MULTINATIONAL – SADC: Regional Harmonization of Regulatory Frameworks and Tools for Improved Electricity Regulation in SADC

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Project Summary

Approval Date

15 Jul 2021

Planned Completion Date

31 Oct 2023

Last Disbursement Planned Date

31 Oct 2023

Sovereign / Non-Sovereign

Sovereign

Sector

DAC Sector Code

23630

Commitment

U.A 714,000

Status

Approved

Project Summary

The Regional Harmonization of Regulatory Frameworks and Tools for Improved Electricity Regulation in SADC is a regional initiative designed to enhance the sustainability of the regional electricity sector through effective, uniform, and transparent regulatory frameworks that set out clear principles, rules, processes and standards for the SADC region. The main objective is to harmonise regulatory frameworks to facilitate electricity trading within SADC, a Regional Economic Community comprising 16 Member States. A combination of studies, capacity building and development of tools will be undertaken to realise these main objectives. The project comprises four main components: (i) Elaboration and Adoption of Regional Electricity Regulatory Principles (RERP) and Key Performance Indicators for RERA; (ii) Expansion of Regional Utility Key Performance Indicators (UKPI); (iii) Harmonised Comparison of Electricity Tariffs (HCET) and Cost Reflectivity Assessment Framework Tool (CRAFT); (iv) Development of Energy Information and Database Management System (EIDBMS). A final component will cover Program Management which will be co-financed with RERA Secretariat. The project is designed as a three-year programme and will be financed from ADF Grant Resources. The project budget net of taxes and duties is UA 857,000 (USD 1.2 million).

Project Objectives

The objective of the program is to: enhance the sustainability of the electricity sectors of identified regions through effective, uniform, and transparent regulatory frameworks that set out clear principles, rules, processes, and standards for sector stakeholders.

Beneficiaries

The project is targeted at ADF countries in the SADC region; however, the outputs of the project will be available to all member countries of the region for use as well as benefit. As a harmonisation project, the involvement of the other countries will add value to the components and studies particularly relating the comparative studies and assessments.

Participating Organization

Funding

African Development Fund

Implementing

SADC – SOUTHERN AFRICA DEVELOPMENT COMMUNITY