The electricity sector in Georgia - Regulation

There are two key institutions regulating the electricity sector in Georgia: the Ministry of Energy, which is responsible for overall policy, and the Georgian National Energy Regulatory Commission (GNERC), which is responsible for the electricity and gas sectors.

Since 2004 the Ministry of Energy has overseen a radical restructuring of the electricity sector, resulting in dramatically improved performance. Improvements over the last few years include a more regular supply of electricity to most parts of the country, rehabilitation of Enguri HPP and other HPPs, rapid reduction in transmission losses, and a much improved collection rate for the distribution companies. Many of these improvements have been made possible by the Minister and the Ministry's commitment to a radical reform agenda.

The National Electricity Regulatory Commission (GNERC) in Georgia has responsibility for regulation of the power sector as well as the natural gas sector.

GNERC is set up as an independent legal body with the Commission Chairman appointed by the President of Georgia.

The Commission has authority to grant Licenses and regulate Licensees within the Electricity and Natural Gas Sectors of Georgia.

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