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November 27th , 2024

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LAUNCH OF THE PURC-GIMPA CENTER OF EXCELLENCE IN PUBLIC UTILITIES REGULATION BY THE ENERGY MINISTER

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Dr. Matthew Opoku Prempeh, the Energy Minister, has inaugurated the PURC-GIMPA Center of Excellence in Public Utilities Regulation (CEPUR).


The event's topic, "Professionalism in the utility sector, crucial to Africa's growth," was held on the GIMPA campus on Tuesday.



The Ghana Institute of Management and Public Administration (GIMPA) and the Public Utilities Regulatory Commission (PURC) have established the Centre as an institutional partnership to build skills and knowledge in economic regulation for the electricity, water, natural gas, and other public utility service sectors.


It will include courses on a variety of topics linked to managing and regulating the electricity, water, and natural gas industries, resulting in the issuance of certifications.

The courses cover topics including regulatory economics and modeling, utility management for optimal performance, advanced utility regulation, and introduction to utility regulation.


Moreover, it will carry out innovative research to aid in the formulation of investment and policy decisions in the targeted industries.




Dr. Opoku Prempeh, who launched the CEPUR, praised the PURC Board of Directors, Management, and Staff for the effort.


"This is current and important. It is necessary because new energy-related phenomena, such as the energy transition and energy security issues, call for a skilled workforce that is prepared to help Ghana and Africa guarantee sustainable results for future generations. A road map for Ghana's energy transformation has already been developed and is being carried out by my ministry.


So, the creation of this Center will give essential assistance in acquiring the knowledge required to realize Africa's energy ambition.


The majority of the time, Africa has been the recipient of research findings and novel ideas authored or led by scholars who may not be familiar with the sociopolitical context of the continent, which makes it important in another way. I anticipate that the Center will establish itself as a thought leader in producing ground-breaking and original research on utility regulation across the continent and beyond, given the history of GIMPA and the caliber of its professors, said the Energy Minister.




He urged those interested in learning about the economics of regulation to use the resources available to policymakers, regulators, utility service providers, business participants, civil society groups, and the general public.

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