From 30 June to 1 July 2015 Tbilisi hosted a meeting on Regional Electricity Cooperation in the South Caucasus, organised by the Energy Charter Secretariat and the Ministry of Energy of Georgia.
State officials from Armenia, Azerbaijan, Georgia, Iran, Russia and Turkey met together with representatives from international organisations to discuss trade of regional cross-border electricity and the steps required to attract investment in developing this area.
The meeting was opened by Ms. Mariam Valishvili, Deputy Minister of Georgia, and Deputy Secretary General of the Energy Charter Secretariat, Mr. Selim Kuneralp; both stressed the need for regional cooperation in the energy sector.
The INOGATE expert, Ms. Rusudan Nonikashvili spoke of EU energy sector regional cooperation through the INOGATE Programme. She outlined the current status of technical assistance provided to the INOGATE Partner Countries within the framework of improving energy cross-border trade and cooperation for three regional markets – Eastern Europe, Caucasus and Central Asia.
The development of regional energy markets allows electricity and gas to be traded easily across borders, moving from where it is produced to where it is needed and also to reduce price volatility.
On the photo from left to right: Rusudan Nonikashvili, INOGATE
Expert, David Managadze, Principal Banker Power and Energy Team, EBRD and Sukru
Bogut, Senior Energy Infrastructure Advisor, USAID