The Malawi Energy Regulatory Authority (Mera), in pursuit of its regulatory role, is formulating tools that will see independent producers carry out feasibility studies and invest in the renewable energy sector.
Speaking at the weekend during the commemoration of the World Tourism Week, Mera chief executive officer Dr Allexion Chiwaya said his organisation is formulating three instrumentsâ€”Feed in Tariffs (FIT), Grid Code and the Power Purchase Agreementâ€”that will help to boost power generation in the country.
â€œThe Feed in Tariff will encourage independent renewable energy power producers to carry out feasibility studies and invest in the sector.
â€œThe Feed in Tariffs will allow power producers to sell renewable energy to a distributor at a pre fixed tariff for a given period,â€ he said.
Chiwaya said the Grid Code will establish technical and other requirements that will allow connection to and use of an electricity system by parties other than those owning electricity utility.
Minister of Tourism, Wildlife and Culture Daniel Liwimbe commended Mera for ensuring that the energy and tourism sectors work together for the betterment of the country.
â€œToday, tourists are becoming more conscious of renewable energy and what Mera is doing is a step in the right direction,â€ he said.
Escom generates between 200 and 250 megawatts of electricity against a demand of over 300 megawatts.