A prospective expansion of the executive powers at RAE, the Regulatory Authority for Energy, to result in the addition of water and waste management duties, will bring about administrative changes at the authority, which will be renamed RAAEY, or the Regulatory Authority for Waste, Energy and Water.
Three new divisions will be created as part of the authority’s expansion, each supervising its respective sector. These divisions, all under the control of the expanded authority, will each consist of a vice chairman and three members.
Also, a main board will be comprised of 13 members, chaired by the RAAEY president.
The energy ministry plans to soon stage a consultation procedure for a draft bill concerning the authority’s expanded role.
RAE’s expanded role will facilitate the country’s eligibility for EU Recovery and Resilience Facility (RRF) funds.