Are West Africa's policy, planning, and regulatory frameworks missing the harmonization piece of the power pooling-renewable energy puzzle?
Mounirah Bissiri,
Patrícia Pereira da Silva,
Pedro Moura and
Nuno Carvalho Figueiredo
Energy Policy, 2024, vol. 190, issue C
Abstract:
Sound policy, planning and quality regulation are cornerstones to co-creating national markets conducive to the implementation of an efficient regional electricity market. This study examines the policy, planning and regulatory substance and processes in the West African Power Pool, focusing on four countries, namely Burkina Faso, Côte d’Ivoire, Ghana, and Mali. Through its specialized institutions, the region seeks to leverage shared resources and complementarities to scale up sustainable electricity generation and enhance cross-border electricity trade. The study, however, reveals half-hearted renewable energy (RE) policies, weak RE investment planning and inconsistent regulation on the one hand, and on the other hand, a lack of harmonization of regulatory frameworks which are often misaligned with the regional vision. This translates into missed opportunities to attract the necessary investments in sustainable power infrastructure, particularly from the private sector, and to mutually develop a regional market capable of tackling the long-standing challenge of access to reliable and affordable electricity amid the climate crisis. This can be reversed if countries are fully committed and duly equipped to improve their policies and planning processes, and adjust and harmonize their regulatory frameworks under the guidance, support, and leadership of the regional entities.
Keywords: Power sector policy; Power sector planning; Power sector regulation; Renewable energy; Regional harmonization; West Africa (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421524001812
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:190:y:2024:i:c:s0301421524001812
DOI: 10.1016/j.enpol.2024.114161
Access Statistics for this article
Energy Policy is currently edited by N. France
More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().