EU4Energy considered part of Eastern Partnership cooperation (Exclusive)

Finance Materials 14 October 2019 17:32 (UTC +04:00)

Baku, Azerbaijan, October 14

By Tamilla Mammadova – Trend:

The EU4Energy Initiative is part of the Eastern Partnership cooperation activities, representative of the Energy Community Secretariat told Trend.

"In this specific initiative, the European Union works with the Eastern Partner countries (Azerbaijan, Belarus, Georgia, Moldova and Ukraine) as well as the five states of Central Asia (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan), to improve energy supply, security and connectivity, and to promote energy efficiency and the use of renewables", said the representative.

According to the representative, the EU it does this by financing projects and programs that help to reform energy markets and to reduce national energy dependence and consumption.

As reported, over the longer term, this approach makes energy supply more reliable, transparent and affordable, thus reducing energy poverty and lowering energy bills for both citizens and businesses.

"Under the EU4Energy Initiative, the European Union is working with the International Energy Agency and the secretariats of the Energy Community and the Energy Charter more specifically 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", said the representative of the Energy Community Secretariat.

The Energy Community Secretariat (EnCS) is responsible for delivering technical assistance to Georgia, Moldova and Ukraine, and the Energy Charter Secretariat (ECS) is responsible for providing technical support for the implementation of specific agreed activities in Azerbaijan and Belarus.

EnCS is also responsible for providing technical assistance to the Eastern Partnership countries at the regional level by identifying key regional energy infrastructure projects, the representative said.