(1) The object of the Commission is to regulate and manage the utilisation of energy resources in Ghana and co-ordinate policies in relation to them.

(2) Without prejudice to subsection (1) of this section, the Commission shall.

(a) recommend national policies for the development and utilisation of indigenous energy resources;

(b) advise the Minister on national policies for the efficient, economical, and safe supply of electricity, natural gas, and petroleum products having due regard to the national economy;

(c) prepare, review and update periodically indicative national plans to ensure that all reasonable demands for energy are met;

(d) secure a comprehensive data base for national decision making on the extent of development and utilisation of energy resources available to the nation;

(e) receive and assess applications, and grant licences under this Act to public utilities for the transmission, wholesale supply, distribution, and sale of electricity and natural gas;

(f) establish and enforce, in consultation with the Public Utilities Regulatory Commission, standards of performance for public utilities engaged in the transmission, wholesale supply, distribution and sale of electricity and natural gas;

(g) promote and ensure uniform rules of practice for the transmission, wholesale supply, distribution and sale of electricity and natural gas;

(h) receive and assess applications, and grant licences under this Act for the refining, storage, bulk transportation, marketing and sale of petroleum products;

(i) establish and enforce standards of performance for bodies engaged in the supply, marketing, and sale of petroleum products;

(j) promote competition in the supply, marketing and sale of petroleum products;

(k) maintain a register of public utilities, petroleum product marketing companies, retail stations and reseller outlets licensed under this Act in the country;

(l) pursue and ensure strict compliance with this Act and regulations made under this Act; and

(m) perform any other function assigned to it under this Act or any other enactment.