BAKU, Azerbaijan, Dec.1
By Tamilla Mammadova – Trend:
The European Union (EU) supports Georgia in further strengthening electricity market reforms, Trend reports via the EU.
On 26 November, the EU project ‘Support to Georgian State Electrosystem in implementation of new energy sector regulations in Georgia held its closing ceremony in Tbilisi, Georgia. The event aimed to communicate the project’s achievements and raise awareness of its impact and benefits for Georgian consumers.
The project aimed to support the Georgian government and JSC Georgian State Electrosystem in their efforts to reform the electricity market in line with EU legislation. These efforts are expected to result in a stable and transparent investment climate in the electricity sector and a reliable and affordable electricity supply for Georgian consumers.
The event brought together key stakeholders in the Georgian energy sector.
The project team presented the results achieved in the areas of security of electricity supply, power market development, and grid planning. Thanks to the project, Georgian experts benefited from over 35 capacity-building events and training sessions, including hands-on experience received from leading EU electricity transmission operators. The project also offered a number of state-of-the-art methodologies and legal documents that will form the basis of the electricity market transition.
“The EU-funded assistance to Georgian State Electrosystem has been part of our large-scale support to further modernization of the Georgian energy sector in line with EU standards. The work realized by EU and Georgian experts during the past two years enhances security and effectiveness of electricity supply and development of the power system to the benefit of all energy users in the country,” said Alexandre Darras, Team Leader for Connectivity, Energy, Environment and Climate Change at the EU Delegation to Georgia.
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