Opera - Enhancing Energy Regulation in the Pacific Islands
Opera, established in 2016 with the support of the Asian Development Bank, aims to enhance regulatory decision-making skills and technical capacities of energy regulators in the Pacific Islands region. Through collaboration and information exchange, Opera seeks to improve regulatory governance, facilitate capacity building, and support the development of energy regulatory regimes. The initiative also focuses on achieving national government targets for renewable energy, addressing challenges such as capital intensity and island dispersion, and promoting independence, professionalism, and accountability among regulators.
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Petroleum Pricing and Procurement Webinar to 7th October 2021 (2pm -4pm New Zealand Time)
CONTENT Background of OPERA Purpose and Objective Existing Structure of regulation in the PICTS National Government Targets Challenges Conclusion 1. 2. 3. 4. 5. 6.
BACKGROUNDOF OPERA Established in December 2016 Proposed technical assistance by the Asian Development Bank (ADB) To date, energy regulators and government representatives from Cook Islands, Fiji, Tonga, Palau, Papua New Guinea, Samoa, Solomon Islands and Vanuatu SPC agreed to host our office Agreed to fund the office for 2-3 years 1. 2. 3. 4. 5.
PURPOSEAND OBJECTIVE To provide a forum for energy regulators in the Pacific Islands region to enhance regulatory decision making skills and technical capacities. Exchange information and experience concerning energy regulation; Support the development of energy regulatory regimes in Alliance member countries; To facilitate and promote best regulatory governance and effective regulatory methods and methodologies in OPERA member countries; Collate information from member countries regulators and prepare regional reports including statistical information on generation mix, cost of service parameters, etc.; Facilitate the development of locally based training and capacity building opportunities for energy regulators.
EXISTING STRUCTUREOFREGULATIONIN THE PICTS Independent Agency. Part of the Ministry Part of the Utility. Department 1. 2. 3. 4.
NATIONAL GOVERNMENT TARGETS Case in Tonga 1. 50% generation of electricity from RE by 2020 70% generation of electricity from RE by 2030 100% RE by 2035
CHALLENGES RE projects is very highly capital intensive Disperse of islands Capacity of regulators Regulators involvement during PPA negotiation. Cost of panels-new technologies Independent of Regulators this is a political challenges. Vulnerable to natural disaster 1. 1. 2.
CONCLUSION SPC will be hosting the OPERA office ADB will be funding OPERA is a hub for all PICT regulators OPERA will strengthen and enhance the regional capacity in utility regulation in OPERA member countriesof regulators information's OPERA will promote the independence, professionalism, accountability and visibility of the national utility regulators OPERA will develop its regional and international outreach and visibility.- sustainability 1. 2. 3.
