Ethiopian Electric Power () is an Ethiopian electrical power industry and

state-owned State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownersh ...

electric producer. It is engaged in development,

investment Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing i ...

, construction, operation, and management of power plants,

power generation Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its stor ...

and power transmission. The company is a main key in the Ethiopian energy sector. Ethiopian Electric Power owns and operates the Ethiopian national power grid with all high voltage power transmission lines ''above'' 66 kV including all attached

electrical substation A substation is a part of an electrical generation, transmission, and distribution system. Substations transform voltage from high to low, or the reverse, or perform any of several other important functions. Between the generating station and ...

s and almost all power plants within the national power grid (with the exception of some co-generation power plants belonging to the state-owned ''Ethiopian Sugar Corporation''). Ethiopian Electric power is almost the state monopoly in generating electric power for the national power grid, although Ethiopia also allows Independent Power Producers to construct and to operate power plants for delivering power to the national grid since 2017. Electric power distribution and the operation of power transmission lines of ≤66 kV within the national power grid is not part of the activities of Ethiopian Electric Power, that is done by the also state-owned sister company ''Ethiopian Electric Utility''. Small and isolated self-contained power generation systems and power plants not attached to the national power grid do also exist in Ethiopia with generation capacities of up to 5MW_e. These local power producers do not belong to Ethiopian Electric Power and can be privately owned or owned by regional authorities. The power transmission and power distribution from those self-contained power plants is not part of the business operations of Ethiopian Electric Power either.

History

The company was formed in 1956 as the ''Ethiopian Electric Light & Power Authority'' (EELPA), which bundled all Ethiopian activities around electricity in a single organization. In 1996, EELPA was split into the ''Ethiopia Electric Authority'' (EEA), taking over all regulating activities and a company, ''Ethiopian Electric Power Corporation'' (EEPCo), bundling all activities from power generation to household delivery. In 2013, EEPCo was again split up into two companies, ''Ethiopian Electric Utility'' and ''Ethiopian Electric Power''. Ethiopian Electric Power was formed by Council of Ministers Regulation No.302/2013. The first (2013)

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

of Ethiopian Electric Power was

Azeb Asnake Azebs, azabs or azaps ( ota, عزب, from Arabic, literally ''unmarried'', meaning ''bachelor''), also known as Asappes or Asappi, were irregular soldiers, originally made up of unmarried youths. They were conscripted among reayas and served in ...

, replaced in August 2018 by

Abraham Belay Abraham Belay is an Ethiopian politician serving as the Minister of Defense since 2021. He previously served as the Minister of Innovation and Technology, and as president of the Tigray Region Prosperity Party. He serves as a board member of th ...

. In 2016, Ethiopian Electric Power had more than 3500 employees.

References

External links

* {{authority control Companies based in Addis Ababa Government-owned companies of Ethiopia Energy companies of Ethiopia Energy companies established in 1956 1956 establishments in Ethiopia