Briefly explain the composition and mandate of the institution governing the eletricity market. (Eletricity Market Oversight...

Briefly explain the composition and mandate of the institution governing the eletricity market. (Eletricity Market Oversight Panel, EMOP)

Expert Solution

The EMOP comprises of key members which includes:

Executive secretary, Energy Commission
Executive Secretary, Public Utilities Regulatory Commission
Chief Executive Officer, GRIDCo
Head of System Operations and Control, GRIDCo
Member representing Distribution licensees
Member representing the Bulk Customers
Member(s) representing wholesale suppliers
Abubakari Obuama Addy - representing wholesale suppliers
Wholesale Electricity Market (WEM) Expert
EMOP Administrator

Electricity Market Oversight Panel (EMOP) is established by the Energy Commission, and it is mandated by regulation 16 of the Electricity Regulation 2008 (L.I. 1937) to supervise the operation and administration of the Wholesale Electricity Market (WEM) and to carry out the functions independent of transmission Utility. The EMOP also advises the Energy Commission on the operation and efficient administration of the WEM.

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Rahul Sunny answered 1 year ago

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Briefly explain the composition and mandate of the institution governing the eletricity market. (Eletricity Market Oversight...

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