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.