Regional energy efficiency strategies crucial to COMESA

By Nation Reporter

Energy efficiency in the COMESA region has been identified as a potential area of intervention from development partners.

Subsequently, COMESA and the European Union were collaborating on an initiative to support efficiency and renewable energy programme.

Pursuant to this initiative, COMESA secretariat and its member’s states on energy efficiency conducted a study tour of Austria and Belgium to learn about coordination mechanisms of regional energy efficiency strategies and actions.

Energy regulators from Eastern and Southern Africa region, namely from the Regional Association of Energy Regulators for Eastern and Southern Africa (RAERESA) under COMESA and the Regional Electricity Regulators Association of Southern Africa (RERA) under SADC participated in the study.

In a statement COMESA reported that the study tour was intended to reinforce the participants’ knowledge of how the European energy market works through improved understanding of institutional and regulatory issues in the energy sector.

The delegates agreed to influence commitment from political leaders in their respective countries and engage the industry to put up the institutional and legal framework at the national levels.

They noted that political will was key to formulating and implementing an energy strategy, with ambitious goals, to develop a competitive and sustainable energy market.

Categorized | Business

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