Key Role of Electricity in Industrialization and Sustainable Development
Explore the pivotal role of electricity in industrialization and economic growth, along with the support of renewable energy in achieving sustainable development. Learn about the duties, functions, achievements, and future plans of the regulatory body responsible for promoting efficient and reliable electricity services. Discover the establishment of universal access funds, grid codes for renewable energy integration, and upcoming policy changes in the energy sector.
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Presentation Transcript
SEMINAR ON INDUSTRIALIZATION, ECONOMIC GROWTH DEVELOPMENT AND ROLE SUSTAINABLE DEVELOPMENT Electricity is a Key Determinant of Industrialisation. OF RENEWABLE ENERGY IN SUPPORT OF
LEWAs Duties and Functions AchievementsonDutiesandFunctions Future Plans Presentation Layout
Pertinent EstablishingActare: Duties Promote economic andcost-effective Ensure security of supply Ensure financial electricity undertakings Ensure collection, publication and dissemination of information on performance of licensees and ESI for use byindustry, consumers and prospective investors Functions Regulate prices charged to consumers of electricity where these are not supplied on a competitive basis, andthe methods bywhich they are charged Establish universal access unserviced areas andtoprovide access towidest users duties and functions enshrined in expansion of electricity supply where LEWA s Duties and Functions viability of efficient regulated fund for electrifying
Universal Access Fund established and governing rules published in 2011 Grid Code incorporating integration of Renewable Energy developed in 2015 Framework for Development of Renewable Energy developed in 2016 Cost of Service Service Study undertaken in 2017 (proposed a 3-year migration to cost-reflective tariffs and a lifeline tariff) Will be revisited in 2022/23 as LEC intends to submit a Multi- YearTariffapplicationfrom2023/24 Mini-grid regulations published requirements for mini-grids categorised as: Achievements on Duties and Functions in 2021 (outline CategoryI:<100kW CategoryII:100kW upto1 MW CategoryIII:>1 MW
To implement decision of SADC Ministers responsible for energy and for water on multi- sectoral regulation LEWA is migrating from electricity and water and sewerage regulation to energy and sanitation regulation Policy clearance has been obtained from Ministry ofEnergyandMeteorology Paveswayfor amendment ofAct Future Plans
