This document discusses electricity prices and markets in West African countries. It notes that electricity consumption in the region exceeded 50 terawatt-hours in 2014, and markets have been undergoing deregulation reforms for over a decade. It raises concerns about high power prices in the region and poses questions about whether prices are fair, what criteria are used to set prices, why citizens feel prices are expensive, and why prices are rising. The document aims to examine these issues and what governments can do to address increasing power costs.
3. Context
Consumption of more than 50 TWh in 2014
Markets under reform (deregulation) for more than a decade
Presence of Independent Power Producers (IPP)
Well-established regulatory agencies
Strong concerns on power prices
Issues to address
Are WAF electricity prices fair/Which technical and economic
criteria enter into account to set power prices ?
Why do WAF citizens have the feeling of paying expensive power
prices ?
Why are these prices on a rising trend ?
What can Governments of these countries do to avoid or leverage
these power increases ?
More details to come …
