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Thupten Sangpo
The Electricity Regulatory Authority (ERA) released its strategic plan for 2024-2029 on August 12, aiming to become a “world-class electricity regulator and enabler”.
ERA has developed a comprehensive strategic plan to adapt to the changing dynamics of the industry and align with the government’s development goals.
ERA’s vision is to become a world-class electricity regulator and enabler, underscoring its commitment to excellence. Its mission is to provide fair, non-discriminatory and efficient services to electricity stakeholders, ensuring safe, Reliable and efficient electricity supply in Bhutan.
At the launch ceremony, ERA Chairman Phuntsho Namgyal said the strategic plan represents a collective vision for a brighter, more efficient and more innovative energy landscape.
He added that the plan had three core elements – regulatory excellence, enhanced service delivery and fostering innovation.
Phuntsog Namgyal said ERA aims to improve the regulatory framework by ensuring transparency, streamlining processes and creating an environment that encourages investment and innovation. “Our goal is to develop an industry that is not only well-regulated but also dynamic and forward-looking.”
He also noted that ERA is committed to strengthening infrastructure and using cutting-edge technology to provide reliable, high-quality electricity services to ensure that every Bhutanese has access to uninterrupted electricity. “The energy transition is imminent, and our ability to embrace and drive innovation will be key,” said Phuntsho Namgyal.
The ERA is responsible for regulating the production, transmission, distribution and supply of electricity across the country.
Some of the activities under the strategic plan include revision of Tariff Determination Regulations 2022, Regulation of Fees Regulations 2006, formulation of Right of Way Regulations and feasibility study on digitisation of services.
In addition, ERA plans to develop a regulatory framework for electric vehicles, conduct a study on the domestic electricity market, and create an alternative renewable energy pricing framework, among other initiatives.
The event also saw the release of solar farm licensing regulations and a 2024 distribution reliability and transmission system performance report.
To ensure energy security, ERA has started issuing licenses for solar power projects and is currently developing a technical and economic regulatory framework to promote alternative renewable energy sources.
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