Oman’s Authority for Electricity Regulation Launches Forward Work Program for 2018
As part of its statutory functions and duties towards the regulation and privatization of electricity and related water sectors, the Authority for Electricity Regulation (AER) held a press conference to launch its Forward Work Program for 2018. Reinforcing transparency among stakeholders and in-line with the government policies to ensure consistency of work planned for each subsequent year, the 13th edition of the program will include several priority areas aimed at enhancing the electricity sector efficiency, promoting competitiveness of the local market, and conducting initiatives for renewable energy.
Speaking at the event, Qais bin Saud Al Zakwani, Executive Director of AER, said; “The Authority is pleased to announce the Forward Work Program for this year which focuses on developing the electricity sector and supporting related companies in their various business aspect. It will also provide studies and strategies for the government in the economic operations of these related sectors. In addition, the Authority will be reviewing best international practices to support the introduction of Electric Vehicles (EV) and public recharge stations in the Sultanate.”
Al Zakwani added, “In our role towards the environment protection and optimal use of clean energy sources, we launched our first renewable energy initiative, Sahim, in 2017. This year, we intend to announce a tender for an initial tranche of PV solar system installations in residential premises. We also take pride in our bilateral cooperation with Oman Environmental Services Holding Company (Beah) with regards to waste to energy projects.”
The program will carry out a timescale to progress the competitive market review (CMR) in 2018 and engagement of key-stakeholders in other related area. Continuing the health and safety audits conducted last year, the Authority plans to perform audits in 2018 to monitor the companies’ compliance of HSE rules and regulations. AER also aims to audit the licensees’ implementation and compliance to the SCADA and DCS cyber security standard.
It is worth mentioning that AER is dedicated to enhancing the electricity and related water sector and ensuring protection of customers’ interests and services supply. It remains committed to carry out strategies and studies in the renewable energy field.
Authority for Electricity Regulation
The Authority for Electricity Regulation is responsible for regulating the electricity sector and some aspects of the water sector. It was established by Article (19) of The Law for the Regulation and Privatisation of the Electricity and Related Water Sector promulgated by Royal Decree 78/2004 on 1 August 2004 and Amended by Royal Decree 59/2009 and 47/2013 (”'the Sector Law"). The Authority is a financially and administratively independent organisation. Thus, the budget is independently financed from the Government, and reporting is directly to the Council of Ministers.