Georgia is making progress in reforming its energy sector in line with the EU Energy Law and the Energy Community Treaty, by substituting the existing energy market framework with the Third Energy Package. This was preconditioned and is a positive result of the adoption of the Law on Energy and Water Supply and the Law on Renewable Energy Sources by the Georgian parliament in the third reading.

The Law on Energy and Water Supply will enable Georgia to develop a more independent, competitive and liquid market by unbundling and granting certification to transmission and distribution system operators. The laws will come into force after the President of Georgia signs the agreements.

The Third Energy Package, adopted by the European Commission in 2009 aims to improve the operation of the internal energy market and resolve certain structural problems, while at the same time accelerating investments in energy infrastructure to enhance cross-border trade and access to different sources of energy.

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Press release

EU4Energy Programme