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MEKH to provide a gap analysis for the development of future electricity market in Azerbaijan

The agreement signed between the Hungarian Energy and Public Utility Regulatory Authority (MEKH) and the Council of European Energy Regulators (CEER) will help promote clean energy transition in the Eastern Partnership countries.

“Knowledge exchange with other regulators is of strategic importance for MEKH and we hope that by joining this initiative, we can contribute to the improvement of the regulatory framework in the region”, said Vice President of MEKH Pál Ságvári. 

Under the agreement signed in June 2022, experts of MEKH (along with those of other participating CEER regulators) can undertake individual assignments in order to assist CEER in implementing the EU4Energy Project in the Eastern Partnership countries (Armenia, Azerbaijan, Georgia, Moldova and Ukraine). The nature of assignments may vary from producing research, analysis and reports to holding workshops and delivering presentations.

“MEKH gave its first major contribution this autumn for a specific assignment, aiming to provide a gap analysis for the development of a future regional market for Azerbaijan in the electricity sector, where our expert is responsible for delivering scenarios and strategies”, Mr Ságvári added. 

The EU4Energy Programme Phase II (Promoting the Clean Energy Transition in the Eastern Partnership Countries) runs until December 2024 and aims to contribute to the development of sound legislative and regulatory frameworks for energy and support the region’s transition to clean energy and the liberalisation of its energy markets. The EU4Energy initiative is funded by the European Union with a total budget of 8.5 million euros and is jointly implemented by the Council of European Energy Regulators, the International Energy Agency and the Energy Community Secretariat.

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