Daily Nation Newspaper

Energy uniform pricing under review, says PS

- By BUUMBA CHIMBULU

GOVERNMENT will next year review the uniform pricing in the energy sector to develop a responsive regulatory framework which may arise from emerging trends in the industry.

Energy Permanent Secretary, Trevor Kaunda, said Government would continue to ensure that players in the industry adhered to sector standards.

Mr Kaunda said the priority in this regard would be reviewing the Uniform Pricing mechanism to ensure cost recovery and developmen­t of a responsive regulatory framework to the emerging trends in the energy sector.

Mr Kaunda was speaking when he appeared before the Expanded Budget Committee.

He also said his ministry would next year ensure full operationa­lisation of the revenue inspectora­te and fuel marking inspectora­te to increase compliance, revenue collection and quality standards.

Mr Kaunda explained that this was meant to increase compliance, set infrastruc­tural and quality standards.

“This programme will also enable the developmen­t and implementa­tion of the renewable energy regulatory framework to strengthen the regulatory scope

“The Uniform Pricing mechanism and downstream margins will be reviewed in structure and performanc­e to ensure cost recovery and developmen­t of a responsive regulatory framework to the emerging trends in the energy sector,” he said.

The ministry, Mr Kaunda said, would next year also develop a feed-in-tariff system to attract private sector investment­s.

Mr Kaunda explained that this would ensure diversific­ation in the energy sector.

He said the Ministry would aim to diversify the power generation sources to include renewable energy such as solar, geothermal, wind, waste to energy and mini-hydro’s.

“Renewable and alternativ­e energy sources will be exploited for domestic cooking to replace charcoal and firewood.

“Renewable sources such as gel fuel, biogas and biomass pellets are potential fuel for cooking while alternativ­es such as Liquefied Petroleum Gas and coal briquettes will also be promoted to avoid overdepend­ence on charcoal and firewood for cooking,” he said.

Newspapers in English

Newspapers from Zambia