New energy law proclaimed

The new law opened up the electricity generation and distribution sector to private investors for the first time. Before, the government-owned Ethiopia Electric Power Corporation (EEPCO) was solely in charge of power generation, transmission, distribution, and sale of electricity throughout the country. The new law allows private power companies interested in investing in the energy sector to compete with EEPCO. The newly established Ethiopian Electric Agency (EEA) will supervise private investments in the energy sector and is expected to set prices for the private and state power distributors.

• Type:

  • Entry and establishment (Ownership and control)

• Industry:

  • Services (Electricity, gas, steam and air conditioning supply)

• Sources:

  • Federal Government Gazette, A Proclamation on Energy, Proclamation No. 810/2013, https://chilot.files.wordpress.com/2014/09/proclamation-no-810-2013-energy-proclamation.pdf, 27 Jan 2014
  • The Africa Reporter, Ethiopia opens up energy sector to private investors, http://www.theafricareport.com/East-Horn-Africa/ethiopia-opens-up-energy-sector-to-private-investors.html, 26 Nov 2013