Ministry Of Water, Energy And Minerals Tender

Expressions of interest : Economic Regulation Expert Objective The Economic Regulation Expert will be required to establish a comprehensive economic regulation framework that will facilitate sustainable development of the electricity sector and enable achievement of Zanzibar’s power sector goals. He/She will support ZURA to establish systems, procedures, and standards based on industry best practices to facilitate effective economic regulation of the power sector. This will include, among others, determining appropriate tariff setting mechanisms and applicable charges for various users who are connected or are connecting to the system. Scope of assignment The Economic Regulation Expert will be embedded within ZURA and be required to provide direct support to the Authority to perform the following duties: Establish a robust economic regulation framework for Zanzibar’s electricity sector, including principles, systems, procedures, and standards required for effective economic regulation and facilitate its implementation. Establish a systematic process for determining and reviewing electricity tariffs (revenue requirements of regulated entities) and tariff structures for the sector, including terms for purchasing both domestically generated and imported power. Monitor the regulated entities’ economic and commercial performance as well as their compliance to terms and conditions stipulated in their licenses and power purchase agreements from an economic perspective. Develop and maintain financial models for the sector and end-users and establish a database necessary to periodically update the models. Prepare financial and commercial performance reports for the electricity sector on a quarterly and annual basis. Develop and maintain Zanzibar’s electricity demand/supply forecasts for the short, medium, and long term. Support ZURA to comply with its roles during preparation of Zanzibar’s Integrated Resource Plan including reviewing and approving relevant assumptions and deliverables. Analyze and advise on the investment requirements for Zanzibar’s electricity sector and quantify their impact on the tariff path in the short, medium and long term. Establish the appropriate economic regulation framework for promoting renewable energy development in Zanzibar. Support ZURA to work closely with the Ministry of Water, Energy and Minerals and provide input into determination of an appropriate market structure, and policy and regulatory frameworks to promote private sector investment in Zanzibar’s electricity sector. Undertake regulatory research and policy analysis for the electricity sector by among others coordinating preparation of cost-of-service studies, generation of data, statistics and information on the electricity sector and coordinating development of policies and strategies to increase electricity access in Zanzibar. Undertake research in new technologies capable of playing a critical enabling role for renewable energy and WORLD BANK (WB),