Georgian Deputy Economy Minister takes part in coordination meeting for opening of Georgian electricity market

31/05/2023

19:22

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On July 1, the issue of readiness to start trading on the Georgian Energy Exchange was discussed at the market opening coordination meeting, which was attended by representatives of the public and private sectors of the energy sector, donors and consulting organizations.

The meeting was opened by the First Deputy Minister of Economy and Sustainable Development of Georgia, Romeo Mikautadze, who evaluated the situation before the opening of the market and thanked all the parties involved in the process for their work.
According to him, the activity of the exchange has been carried out in a test mode for several years, which revealed certain shortcomings of the existing model.
It was noted at the meeting that consultations with both electricity producing companies and energy consumers will continue.