By Muhyideen Jimoh
The ECOWAS Electricity Regulatory Authority (ERERA) has pledged to fast track cross border electricity trade in line with international best practice in order to address the power challenge in the sub-region.
Prof. Honore Bogler, Chairman of ERERA disclosed this to the News Agency of Nigeria (NAN) on Tuesday in Abuja during the 82nd Ordinary Session of the ECOWAS Council of Ministers Meeting.
He said that ERERA was working round the clock with ECOWAS member states and relevant stakeholders to ensure a cost effective tariff system for the regional electricity market.
“We have a lot potentials and resources in the region such as oil, gas, wind and sunlight for the electricity market.
“Our major challenge has been funding and infrastructure to harness these resources and get it to the consumers in member states.
“That is why ERERA has come on board to create an electricity power pool…
Source: News Agency of Nigeria
