Energy Minister Ruth Nankabirwa has said East Africa will by the end of 2024 have established the East African Electricity Regulatory Board, which will enable easy sale of power across the region.
Speaking during the East African Power Pool conference in Kampala, Ms Nankabirwa said by the end of 2024 East Africa, as a region, will start trading between member states, which will override the current bilateral power sales agreements.
“At the East African level, we agreed to have an independent regulatory board. Today, we have given them a go head to make sure that the board is …. ratified,” she said, noting that power generation costs money, which calls for finding a market for the power that is not consumed.
The Board will enable countries such as Uganda, which has excess power, to easily sell power to invest in the distribution network.
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