E-Control, together with junior partner BNetzA from Germany with support from French CRE and and Lithuanian VERT, was awarded the implementation of this project in 2020. The implementation started on 1 February 2021.
The purpose of this Twinning Project is to develop the institutional framework for the implementation of regulation of Georgia’s energy market in line with the European Union acquis and to strengthen the capabilities of the Georgian National Energy and Water Supply Regulatory Commission (GNERC) as the independent national regulatory authority through the development of tools and mechanisms based on the best European Union practices with regard to developing network tariff setting methodologies, designing an energy efficiency and renewable energy strategy and creating a regulatory framework for enabling demand side involvement.
On Wednesday, 08 September 2021, the public and representatives of the Georgian energy sector community were invited to attend the opening ceremony of the EU-funded Twinning Project “Development of Network Tariff Setting Methodologies, Energy Efficiency and Renewable Energy Regulatory Strategy and Creating Regulatory Framework for Enabling Demand Side Involvement”.
Representatives of the Delegation of the European Union to Georgia, Austrian and German embassies, Austrian and German NRAs E-Control and BNEtzA, Georgian National Energy and Water Supply Regulatory Commission (GNERC), Ministry of Economy and Sustainable Development of Georgia (MoESD) and Georgian Ministry of Foreign Affairs (MFA) underlined the important role of this project in accomplishing the goals laid out in the energy sector reform agenda of Georgia and shared comprehensive information on the project objectives.
The project grant is 1,5 Mio EUR and during the 27-month implementation period, the Austrian-German project consortium will assist the Georgian National Energy and Water Supply Regulatory Commission (GNERC) in Green Energy Regulation. The Twinning project is implemented by the Austrian Energy Regulator Energie-Control and BNetzA, the German Federal Network Agency for Electricity, Gas, Telecommunications, Post and Railway.