THT- Chairman of the Energy Commission Eng. Ahmed Farah Adare said that they have prepared a system that guarantees affordable, safe and reliable energy in Somaliland.
A press release issued yesterday by the Energy Commission regarding their role at the Economic Summit reads as follows:
Somaliland Economic Forum 2022 revolved around the central theme: ‘Resolving Economic Problems with Sustainable Solutions’. This provided a platform for stakeholders from the public, private and non-governmental and humanitarian sectors to interact around the following seven themes: Food security and Environment; Foreign Direct Investment and Manufacturing; Trade and Transit; Financial Services; Energy and Mining; Infrastructure Development; External Aid Planning and Coordination.
Government Ministries presented an honest view of challenges and opportunities for economic growth and development in each sector.
Two key outcomes of this public consultative process were the realisation that Energy is key to all sectors and the importance of having a Regulatory Framework for every sector. Sector Regulation is a universally acceptable indicator of good governance that creates an enabling environment for ensuring transparency and accountability are upheld in policy and practice.
Whereas all the sectors of Somaliland economy have laws and policies, only the Energy Sector currently has a regulatory framework in place. Somaliland Energy Regulation Commission (SEC) regulates energy (electricity) generation, transmission, and distribution in the country to ensure fair play for all in the provision of affordable, safe and reliable energy in Somaliland.
Engineer Ahmed Farah Adare
Chairman
Somaliland Energy Regulatory Commission