Overview:
This report issued by the Utilities Regulatory Authority (the Authority) provides an electricity market update in Vanuatu for the month of March 2023. The presented information and data are only for electricity utilities regulated by the Authority. During the month, the energy market experienced a decrease in renewable energy contribution to total power produced, due to zero (0) wind production. UNELCO Engie’s monthly adjusted electricity tariff for the month decreased by 1 % from February 2023 tariff. The total power produced, and power sold decreased from February 2023 total, by 22.62 % and 8.6 % respectively.