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The Role and Challenges of Energy Regulators in Africa’s Energy Transition

Benjamin Ashitey Armah ()
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Benjamin Ashitey Armah: Strategy, Super Cargo Logistics

A chapter in Energy Regulation in Africa, 2024, pp 205-217 from Springer

Abstract: Abstract Energy regulators in Africa have a responsibility to ensure the efficient and effective operation of the energy sector, balancing the interests of consumers, industry stakeholders and the environment. Their responsibilities include setting tariffs, promoting renewable energy, ensuring energy security, enforcing regulations and monitoring market competition. They play a key role in Africa's energy transition by promoting energy efficiency and renewable energy and reducing negative environmental impacts. Energy regulators balance consumer interests by setting rates and quality standards, ensuring market competition and protecting consumer rights. They balance environmental concerns by promoting renewable energy sources, setting emissions and waste management standards and enforcing environmental regulations. Balancing the interests of industry players by promoting fair competition, ensuring legal compliance and facilitating dialogue between them and regulators. Limited resources, poor enforcement and lack of political will are the major challenges facing energy regulators in Africa's energy transition.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:aaechp:978-3-031-52677-0_10

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DOI: 10.1007/978-3-031-52677-0_10

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