13.
1
6
Any monitoring system,
no matter how good, can
always be improved.
I would, however, sound a note of
caution. We must be sure that the benefits to consumers
are cowmensurate with the cost of making the
improvements. It is not worthwhile employing vast numbers
of additional staff to carry out
out additional monitoring if
that monitoring is unlikely to bring any significant
benefit to the consumer.
14.
The task force to which I referred earlier will
be charged with drawing up the formal procedures
recommended in the consultants' report. We will have
discussions with the power companies particularly on the
recommendations relating to the technical and operational
aspects of the power companies'
companies' activities and the
documentation of the monitoring process I shall inform
the Executive Council in twelve months' time of the
progress made and the conclusions reached.
15.
Finally, Sir, I am confident that we will be able
to use the consultants' report to enhance our monitoring
arrangements SO as to meet the challenge posed by the
increasing complexity of power generation and the
expectations of the
consumers in the years ahead.
A