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Setting up an independent energy regulator in Azerbaijan - perspectives, concerns and overall planning

Objective

Setting up a regulatory authority for energy is a fundamental factor for the successful implementation of the set of strategic tasks, approved by the Minister of Energy of the Republic of Azerbaijan on July 23, 2015, aiming to introduce market-based relations in the electricity and natural gas sectors, with a view to attracting private investments and increasing economic benefits for the whole economy.

INOGATE assists the Ministry of Energy of the Republic of Azerbaijan in best preparing the necessary background and designing the road map for the setup of a national regulatory authority for energy, in the context of implementation of its strategy for the effective development of the country's energy sector based on competitive market principles.

Within this context, a team of INOGATE experts, organized on 09 March 2016 in Baku, the Workshop “Perspectives, concerns and overall planning for the setup of an independent energy regulator in Azerbaijan”.  

During the workshop, which was attended by various governmental and market participant officials, the current conditions and commercial interrelations regarding operation of the energy sector of Azerbaijan were  presented  alongside the Government plans and programmes for development of the electricity and natural gas sectors and envisaged reforms of the sectors towards their restructuring and liberalization.  

The team also presented the experience of the European Union and Energy Community member states on the establishment of independent energy regulatory authorities, including analysis of regulator functions and duties with respect to current practices in Azerbaijan. The main focus of the workshop was on the specification of the concept of an independent energy market regulator in Azerbaijan, and the identification of the energy market legislative and structural reforms required in view of setting it up.  This discussion led to the preparation of the concept note and road map for setting up the energy regulator, which are now being reviewed internally by the Ministry of Energy of the Republic of Azerbaijan. 

More information on this activity can be found at “Preparation of a concept note and a road map for the setup of an independent energy regulator, towards the development of the country's energy market (CWP.01.AZ)”.

Key Data

Parent project

New INOGATE Technical Secretariat and integrated programme in support of the Baku Initiative and the Eastern Partnership energy objectives

Country

Azerbaijan

Thematic Areas

Energy policy, Energy tariffs, Energy markets, Energy security, Energy investments

Activity Types

Event

Implementation period

9 March 2016

Location

Baku (Azerbaijan)

Photos

20160309_102158

Document and Publications

Document title ▴ Language Type Date ▴▾
Considerations on the concept note and road map en, ru Presentation 09/03/2016
Current conditions and commercial interrelations regarding operation of the energy sector of Azerbaijan en, ru Presentation 09/03/2016
EU-EnC NRAs - functions & authorities en, ru Presentation 09/03/2016
Experience of EU_EnC member states on the establishment of independent energy regulatory authorities en, ru Presentation 09/03/2016
Final agenda - Workshop "Setting up an independent energy regulator in Azerbaijan" en, ru Agenda 09/04/2016

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