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
-
Nationalizing All Mines in Ghana: The Africa Development Council’s call for resource sovereignty
1 min -
Piesie Esther tells true story behind ‘Okuraseni’ song
13 mins -
Galamsey: MIIF, UMaT team up to clean waterways
14 mins -
Strengthening Legislative Accountability and Public Engagement: A path to addressing national challenges in Ghana
14 mins -
The tithing dilemma: New book explores age-old controversy
23 mins -
JoySports Invitational: Adansi Travels joins event slated for October 26
26 mins -
AFCON 2025 Betway preview: Sudan host Ghana in crucial qualifier
33 mins -
Establishing Traders’ Bank in an enterprise economy essential for business growth – Alan
39 mins -
JoySports Invitational: ARB Apex Bank joins corporate sports event on October 26
42 mins -
JoySports Invitatitional Tournament: Piwak Natural Health poised for success at Oct. 26 event
45 mins -
Joy Sports Invitational Tournament: Nationwide Technologies enrolls for event slated for October 26
45 mins -
Enterprise Group hosts golf tournament, offers unique networking opportunities for businesses
57 mins -
Super Eagles: Tunisian pilot reveals Libyan authorities forced mid-flight diversion
1 hour -
Inflation to end 2024 at 23.2% but to nose dive to 11.5% in 2025 – World Bank
1 hour -
Cedi to record stability in near term; one-dollar equals GH¢16.40
1 hour