Georgia is in the process of reforming its energy market, developing policies and regulations that will systematically serve the current market on the one hand, and allow the country to fully utilise its energy potential on the other.
Energy is an essential component of any modern economy. It is central to almost all economic activities and is a core driver of progress and development. Any disruptions in supply can cause both technical and financial damage to the country’s economy.
In efforts to assist Georgia put effective rules in place to secure electricity supplies, the Energy Community kicked off the EU4Energy technical assistance for Georgia. The purpose of this TA is to prevent, prepare for and mitigate any supply crises, therefore ensuring that the electricity supply for Georgian citizens and industry is secure. More specifically, the Energy Community Secretariat will support the Georgian authorities in preparing a Risk Preparedness Plan for the country’s electricity sector in line with the new Risk Preparedness Regulation. The Plan will take into account the specific characteristics of the Georgian power generation and distribution system.
During the TA, Energy Community experts will work closely with the EU Delegation to Georgia, the Georgian Ministry of Economy and Sustainable Development (MoESD) and the Georgian National Energy and Water Supply Regulatory Commission (GNERC), as well as the electricity transmission system operator – JSC Georgian State Electrosystem (GSE) and the Electricity Market Operator (ESCO).
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