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Meeting
Thirsday, 09 November, 2017 | 08:10

Discussions to facilitate electricity market reform in Georgia

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The first High-level Policy Talks on the electricity market of Georgia organized under the auspices of the EU4Energy Governance Project, which is implemented by the Energy Community Secretariat, take place in Tbilisi. The event aims to kick-start the discussions on the challenges and perspectives of electricity sector reforms in Georgia, focusing in particular on the draft Energy Law aimed at transposing the Third Energy Package into Georgia’s national legal framework, based on the country’s commitments under the EU/Georgia Association Agreement and the Energy Community Treaty. The High-level Policy Talks bring together key stakeholders, including government and regulatory authorities, members of parliament, representatives of NGOs, civil society, electricity producers and suppliers.


Opening the event, Mr. Giorgi Chikovani – Deputy  Minister of Energy of Georgia
, stressed:

“Establishment of main postulates of EU energy market requires the thorough assessment of the current state of play in energy sector of Georgia, interactions between market players and the implications of reform options in order to secure smooth transition to an efficient and liberalized energy market, especially when neighboring countries are not committed to follow the same path and scale which makes the creation of regional single market significantly challenged. At this point, we consider that by sharing respective expertise and experience in the scope of the EU4Energy Governance project and the Energy Community Secretariat our capacity to reform the energy market will be strengthened, in particular there is more room and closer timelines to modernize electricity market at first which will be followed by gas market reforms.”


The technical sessions of the event will provide capacity building to Georgian authorities and other stakeholders in order to tackle the main requirements under the draft Law on Energy and their practical implications, the core design of the electricity wholesale and retail markets and relations in regulated and non-regulated market segments and their impacts on retail prices. The new Energy Law will bring transparency to energy markets and competition for the benefit of consumers.

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