AEEP Partners with Power Futures Lab to Strengthen Capacity in African Energy Regulation
The Africa-EU Energy Partnership (AEEP) supports Power Futures Lab (PFL), a leading centre of excellence at the University of Cape Town, to deliver a virtual training on energy regulation. Targeting African utility and energy sector professionals, the training will enhance the specialised skills required to design efficient regulatory regimes for modern energy services.
The transition to a sustainable energy model in Africa – including reform of vertically integrated utilities and the growing presence of low-cost decentralised energy resources – calls for new approaches to policy, regulation, technology and innovation. In strengthening capacity in energy regulation, the training also aims to contribute to the development of a wider African School of Regulation.
The three PFL courses will inform on Power Sector Reform and Regulation; Finance, Contracts and Risk Mitigation for Private Power Investments; and Financial Modelling for Utility Tariff Setting, which will kick off the course cycle on 23 August, 2021. With utilities often unable to finance technical improvements due to a lack of cost-reflective tariff setting, the financial modelling training will support African professionals in building a model that can run sensitivity analyses and provide various tariff paths.
Learn more about the course at: uct.ac.za