The main missions and objectives of ERERA include the following: 

• Regulation of cross-border electricity connections and trading among ECOWAS member states
• Establishment of clear and transparent tariff setting methodology for regional power pooling
• Facilitating the setting up of regulatory and economic environment for the development of the regional market
• Technical regulation of the regional power pooling and monitoring of regional market operations
• Assisting the ECOWAS Commission in defining the strategy for the regional energy policy
• Establishing effective dispute resolution methods among regional market participant
• Assisting national regulatory bodies in ECOWAS on capacity building and technical issues upon request