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.
1st Meeting of the Georgian Energy Club
The EU-funded project on Green Energy Regulation in Georgia together with Georgian National Energy and Water Supply Regulatory Commission (GNERC) launched the Georgian Energy Club, which is an informal platform in order to provide an opportunity for high-ranking representatives of the European and Georgian energy sectors to discuss ongoing matters and challenges in the energy sector. The first meeting of the Georgian Energy Club took place in the Museum of Fine Arts. This meeting was opened by Commissioner Mr. Giorgi Pangani and the director of DFC Economics, Mr. Alberto Pototschnig, was invited as a keynote speaker and emphasized the importance of this initiative. After an official part, a reception was organized which was accompanied by the live music performed by an young Georgian musician. The event also hosted an exhibition of the artworks created by the Georgian artists under energy thematic.