THE REGULATED INDUSTRIES COMMISSION OF TRINIDAD & TOBAGO
Trinidad & Tobago
Key Statistics (2000)
- Population: 1.29 million
- GDP (US$): 11.2 billion
- Electricity consumption: 5.597 billion kWh
- Electricity market size: 5.339 billion kWh
- Installed capacity: 1408 MW
- Electricity prices for house holds (US$): 3.65¢ per kWh
- Natural gas production: 493.35 billion cubic feet
- Natural gas consumption: 354.21 billion cubic feet
- Natural gas exports: 139.14 billion cubic feet
- Number of gas-fired power plants: 2
- Natural gas price for house-holds (US$): 2.48/mmBTU (manufacturing sector)
- Official Website: http://www.ric.org.tt
Established in 2001, 25 staff members.
Dennis Pantin was appointed Chairman in 2002. Six Commissioners appointed by the Government for two-year terms. Terms are renewable.
The RIC is responsible for tariffs, licensing of companies, monitoring performance, setting service standards and complaints resolution.
The RIC is financed by fees levied on Utilities.
Electricity Industry and Market Structure
Two generators: POWERGEN and INNcogen, provide power to the state-owned monopoly T&TEC which has rights over distribution and transmission.
The RIC sets tariffs.
Prepares licenses for approval by the minister. Functions of the RIC
Making recommendations on the award of licenses;
Monitoring and enforcing compliance with license conditions;
Establishing the principles upon which tariffs will be based and monitoring rates charged to ensure compliance;
Prescribing standards for services and monitoring compliance of those standards;
Carrying out studies of efficiency and economy of operation and of performance;
Facilitating competition between service providers where competition is possible and desirable;
Investigating complaints by consumers, of their failure to obtain redress from service providers;
Imposing and collecting fees for licenses; and
Ensuring that service providers earn sufficient return to finance the necessary investment.
RWANDA UTILITIES REGULATORY AGENCY
Key Statistics (2002)
- Population: 8.16 million
- GDP (US$): 1.72 billion
- Electricity generation: hydro: .0982 billion kWh
- Electricity consumption: .2058 billion kWh
- Electricity imports: .0116 billion kW
- Electricity exports: 0.0084 billion kWh
- Electricity market size: 0.231 TWh/year
- Installed capacity: .027 million kWh
- Electricity prices for households (US$): 9¢ per kWh
- Natural gas production:- Estimated methane gas reserves: 55 billion cubic meters(1.6 billion cubic feet) – Methane gas production: 0.14 million cubic meters (0.004 million cubic feet)
- Natural gas consumption: 163 tons of LPG (1998)
- Natural gas imports: 163 tons of LPG (1998)
- Natural gas price for house-holds (US$): 901/ton of LPG (1998)
Rwanda Utilities Regulatory Agency (RURA)
The RURA is established by Law No 39/2001 and is multisectoral with six sectors to regulate: Telecommunications, Electricity, Gas, Transport, Water and Waste Management.
The Managing Director and seven Board members were appointed in October 2002 for a three years term, renewable once and are revoked by the order of the Prime Minister.
The RURA is responsible for setting tariff & price, licensing of companies in the Telecommunications, Energy, Transport, Water and Waste Manage-ment sectors as well as monitoring their activities. It also has the responsibility to protect the consumers’ rights and facilitate & encourage private sector participation in investing in public utilities.
The RURA is financed from the national budget at its outset but is look-ing forward to getting its full funding from the licensing fees. Electricity Industry and Market Structure.
There exists only one law on Telecommunications; other laws pertaining to other sectors need to be enacted.
The monopoly of the Rwanda Water and Electric Power Utility (Electrogaz) was abolished by law No 18/99 in 1999 and is now under private management for five years; The electricity act is not yet available, so no license or permit has been issued so far.
A Concession contract and a power purchase Agreement are under negotiations between the Government, Electrogaz and a foreign private company (as an IPP) for the electric power generation from the methane gas reserves of lake Kivu. Current Energy Issues:
Drafting and enactment of Laws on electricity, gas, water & sanitation and transport.
Review of the current structure of electricity and water tariffs and rates