Energy Sector Assessment

Share this page:

EBRD’s Legal Transition Team (LTT), under the auspices of its Legal Transition Programme, focuses part of its work on the development of detailed analytical assessments of the state of legal reform in a number of commercial and financial sectors in its countries of operations. These assessments benchmark the legal developments in each country against international best practices, providing a clear analysis of the existing legislative frameworks and identifying gaps and future reform needs. More recently, LTT expanded the focus of this assessment activity to include the energy sector, initiating an assessment primarily of the electricity and gas sub-sectors.

The report below of the assessment provides the detail of the EBRD’s first in-depth assessment of the electricity and gas sectors in its countries of operations. The electricity and gas sectors in this context refer to the market for electricity and natural gas production and supply, including policy measures to promote electricity from renewable energy sources and associated efforts to institute energy efficiency measures. The focus is on electricity, natural gas, renewable energy and energy efficiency. The gas section is confined to key points that differ from the structure and operations presented for the electricity sector.

The participant countries in EBRD’s 2010 energy sector assessment were Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, FYR Macedonia, Georgia, Hungary, Latvia, Lithuania, Kazakhstan, Kyrgyz Republic, Moldova, Mongolia, Montenegro, Poland, Romania, Russia, Serbia, the Slovak Republic, Slovenia, Tajikistan, Turkey, Turkmenistan, Ukraine and Uzbekistan.

The broad objectives of the assessment are to encourage continued reform and liberalisation of the electricity and gas sectors, improve security of supply, promote the use of renewable energy and energy efficiency in the EBRD countries of operations, and assist the private and public sectors to measure regulatory and legal risk so as to facilitate energy-targeted investment and development throughout the region. The assessment examines whether the legal and regulatory frameworks for electricity and gas in the Bank’s countries of operations are sufficiently extensive to make possible and facilitate energy sector transition and reform objectives. It measures the state of play in the energy sector with regard to status, progress, level of approximation of the legal framework to best practices, future needs and the like. In doing so, the EBRD wishes to be in a position to assess the effectiveness of its technical cooperation efforts and to identify the needs for further cooperation and assistance that the Bank could provide in furtherance of its mandate.

The results from the Assessment are published below

(Note - due to the size of this file some users may experience a delay when downloading)
Share this page: