Support to energy market integration and sustainable energy, SEMISE (INOGATE)

Supports the convergence of energy markets, regional energy investments and the development of sustainable energy policies in the Partner Countries of the INOGATE Programme

Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan

Timeframe: 2009-2012

Budget: € 5.7 million

 

Objectives
 
The project aims to contribute to achieving the goals defined under the Baku Initiative – converging energy markets, enhancing energy security, supporting sustainable energy development, and attracting investment – as well as any future objectives that might be set out in this framework during the lifetime of the project, with particular focus on energy market convergence, investment facilitation and the promotion of sustainable energy.
 
What does it do?
 
The project has three specific areas of activity. First, it works with the Partner Countries progressively to remove the obstacles that need to be overcome to ensure energy market convergence. Secondly, it supports energy investments by establishing links with energy companies, lending institutions and representatives of the business sector, while ensuring that such investments are in line with sustainable development goals. Thirdly, the project promotes and supports the creation and implementation of sustainable energy policies, with a focus on energy efficiency measures and renewable energies as well as on reducing the negative environmental impact of energy-related activities.
 
It collaborates with the INOGATE Technical Secretariat project as a joint motor for supporting the achievement of the Astana objectives. It also closely works with the project "Capacity Building for Energy Regulators in Eastern Europe and Central Asia" in the development and organisation of dedicated training activities.

Actions in brief

 

  • Supports Partner Countries in setting up a more integrated energy market in the region (harmonisation of policies, legislations and regulatory practices).
  • Promotes the development of sustainable energy policies and assists Partner Countries in their implementation.

http://www.inogate.org/inogate_programme/inogate_projects/ongoing-inogate-projects/inogate_programme/inogate_projects/ongoing-inogate-projects/support-energy-market-integration-and-sustainable-55543

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