The Institute of Energy Security (IES) has expressed its support for the growing calls to merge the Public Utilities Regulatory Commission (PURC) and the Energy Commission of Ghana.
This proposal, which has gained momentum among industry experts and policymakers, is viewed as a strategic move to streamline regulatory functions and eliminate overlaps in the oversight of the energy sector.
According to IES, combining the two regulatory bodies would not only result in significant cost savings but also enhance the efficiency and effectiveness of energy regulation in the country.
The institute believes that a unified body would better manage the complexities of Ghana’s energy challenges, leading to improved outcomes for both consumers and industry stakeholders.
Nana Amoasi IV, Executive Director of IES, emphasized that merging the PURC and the Energy Commission would strengthen policy formulation and implementation within the sector.
He highlighted that the energy landscape in Ghana requires a more cohesive regulatory framework to address current challenges, including energy supply and pricing issues.
The IES director further pointed out that a unified regulatory authority would streamline decision-making processes, reduce bureaucratic delays, and improve the overall responsiveness of the sector.
He urged stakeholders to consider the potential benefits of this merger for the future of Ghana’s energy industry.
“Today’s power sector is played around regional bases. In the West African power pool, all their regulators relative to the power, it is only one regulator.
"You don’t find PURC at one end and you don’t find an energy commission at one end. For policy formulation and implementation, I get from one command desk. So that is a good call," he stated.
Latest Stories
-
Second phase of betPawa Park to begin without GFA involvement
5 mins -
Maison Yusif mentors JHS graduates with hands-on training in entrepreneurship, marketing
11 mins -
Discover Villanova, Ghana’s first AI-Homes launched
27 mins -
From Gold Coast Ghana to Gold Cost Ghana?
43 mins -
There hasn’t been enough awareness about new curriculum – Parent
46 mins -
betPawa to invest GH¢7m into Ghana Premier League and Women’s FA Cup in 5yrs
50 mins -
Ending child poverty is a policy choice – UNICEF
51 mins -
Ghana’s exchange rate problems need more than gold purchases – IMANI
57 mins -
IMANI calls for review of Ghana’s procurement law to enhance transparency
57 mins -
Women in Worship organisers mad at Nigeria’s Ada Ehi over ‘no show’
58 mins -
Everything is more difficult now – Guardiola
1 hour -
Mahama will make the economy viable for the youth to become entrepreneurs – Osman Ayariga
1 hour -
East Legon crash: Police pursue TikTokers for ‘false claims’ about Salifu Amoako’s son’s location
2 hours -
Severe food shortage force some SHSs to serve repetitive meals
2 hours -
Don Julio 1942 launched by Guinness Ghana Breweries with an enchanting Halloween Ball celebration
2 hours