Part 2: Legal, Regulatory and Policy Considerations for State Governments on Setting Up State Electricity Markets in Nigeria

Legal, Regulatory and Policy Considerations for State Governments on Setting Up State Electricity Markets in Nigeria Part 2

Nigeria’s new decentralised electricity market regime opens up exciting opportunities for licensees. For context, some of these licensees have featured in the recent transfer of regulatory oversight by the Nigerian Electricity Regulatory Commission.

However, understanding the legal, policy, and regulatory considerations is crucial. As a follow-on from our last #ETTuesday article, this week’s edition, the 2nd in our 3-part State Electricity Market series, explores the Electricity Act 2023, which contains robust provisions which may impact the business operations of licensees in the decentralised electricity market regime.

Read now to learn about the implications for licensing, dual regulation from NERC and State ERCs, and how these changes impact your participation in Nigeria’s decentralised electricity market.

#ETTuesdaybyDOA #ElectricityMarket #LegalInsights #NigerianLaw #EnergySector #ElectricityAct2023 #NERC #StateERCs #Regulation #Decentralisation

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