Opening of the Electricity Markets in Georgia
Article from: OGEL 2 (2023), in Electricity Law and Regulation
Introduction
Following its accession to the Treaty Establishing the Energy Community in 2017, Georgia undertook the obligation to implement the acquis communautaire, which includes, inter alia, establishment of open and competitive electricity markets. Following adoption of the Law of Georgia on Energy and Water Supply, dozens of bylaws were approved and enacted, with the aim to establish an effective regulatory framework and prepare stakeholders for the opening of the electricity markets. Even though designing the new wholesale electricity market model represented a challenge caused by ...