Today.Az » World news » Georgia’s main challenge consists of creating open electricity market
02 November 2019 [13:45] - Today.Az
By Trend
Georgia’s main challenge is the creation of an open, competitive and
liquid electricity market, a representative of Energy Community
Secretariat told Trend.
"The EU4Energy Governance Team is assisting Georgian authorities to
ensure a full opening of the electricity market including drafting a
legal framework with a comprehensive set of secondary legislation
supporting market opening and operation," said the representative.
According to the Energy Community Secretariat, EU4Energy support in
Georgia’s natural gas market reform focuses on the development of terms
and conditions for the operation, management and functioning of natural
gas distribution networks in Georgia.
"This work will contribute to the opening of the gas market,
attracting investments and increasing the security of gas supply in
Georgia", said the representative.
As the Energy Community Secretariat noted, on the regional level, the
Energy Community Secretariat, through EU4Energy, provides a structured
forum for Partner Countries to identify key regional energy
infrastructure projects.
"The Secretariat supports the selection process of priority projects
by applying a specific methodology and criteria to evaluate investments
in electricity and gas infrastructure projects", said the
representative.
The EU4Energy Program aims to improve the quality of energy data and
statistics, shape regional policy-making discussions, strengthen
legislative and regulatory frameworks and improve access to information
in the partner countries. The Program forms a key component of the
EU4Energy Initiative.
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