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Energy investments

Georgian Energy Stakeholders Agree Priorities for Technical Support under the EU’s INOGATE Programme for 2014

2014-02-19 - Tbilisi, Georgia

Around 100 key energy players from across Georgia gathered for the information event, “INOGATE as a successful EU Energy Cooperation Programme: Achievements in Georgia and the Way Forward in 2014”. The event was jointly organised by Georgia's Ministry of Energy and the EU’s INOGATE Technical Secretariat. The meeting reviewed INOGATE’s technical assistance support over the last years and participants agreed on how best to target upcoming INOGATE assistance in 2014 for the benefit of Georgian institutions.

The main topic was the cooperation between the INOGATE Programme and Georgia in the areas of electricity and gas, electricity market transformation and sustainable energy. The main priorities agreed upon for upcoming technical assistance in 2014 include:

• Support to the Ministry of Energy in energy sector reform in anticipation of full membership of the Energy Community, and development of the electricity market in conformance with the principles set out in the Georgian Electricity Market Model (GEMM2015) strategy.

• Support in developing and reviewing tariff methodologies for electricity and gas in line with EU practices.

• Support to the Georgian Oil and Gas Corporation (GOGC) in developing and rehabilitating the Gas Transmission Pipeline Network in accordance with European Norms and Standards.

• Capacity building for the Georgian National Agency for Standards and Metrology (GEOSTM) and support for the adoption and use of EU electricity and gas standards and codes, including the preparation of a Road Map and Action Plan for the harmonisation of standards and support for technical committees.

• Assistance to the National Statistics Office of Georgia (GEOSTAT) in compiling annual energy balances for 2013 and implementing surveys in the enterprise and household sectors;

• Increased attention to sustainable energy and investments to the energy sector by geospatial mapping of renewable energy sources.

The participants included representatives of central and local governments, major energy companies, academic institutions, international financial organisations, local financial institutions and representatives of civil society. Information on the event and complete documentation can be found here.