Assessment of Power Sector Reforms in Georgia: Country Report

Asian Development Bank (adb), Asian Development Bank (adb) (), Asian Development Bank (adb) and Asian Development Bank (adb)
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Asian Development Bank (adb): Economic Research and Regional Cooperation Department, ADB
Asian Development Bank (adb): Economic Research and Regional Cooperation Department, ADB

No RPT157423-2, ADB Reports from Asian Development Bank (ADB)

Abstract: Reforms pursued by Georgia in recent years have made its power sector commercially viable as well as more efficient and reliable. Now unbundled and largely privatized, the former state monopoly has developed an operational wholesale market and has made great progress in making its operations and system pricing more efficient. However, it still lacks independent regulatory competence and pricing transparency, and it remains vulnerable to external supply shocks, having to balance shortfalls in domestic hydropower generation with fuel imports for its power stations and with gas imports for its thermal plants. This country report assesses the reform efforts and experiences of Georgia’s power sector for lessons and insights that other economies could find useful in their own power sector planning and policy and strategy formulation.

Keywords: power sector; Georgia; power sector reforms; retail competition; privatization; wholesale power market; competitive power market; transmission and distribution; unbundling; power generation; tariff setting; tariff reform; power supply security; economic outcomes; social outcomes; environmental outcomes; market-based regulation; power sector planning; hydropower (search for similar items in EconPapers)
Pages: 70 pages
Date: 2015-06
New Economics Papers: this item is included in nep-cis, nep-cwa and nep-ene
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Citations: View citations in EconPapers (6)

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http://www.adb.org/sites/default/files/institution ... orgia-psr-report.pdf (application/pdf)

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