Azerbaijan To Establish Electricity Market Operator
Date
5/25/2024 6:13:43 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 25. A market operatorwill be established in Azerbaijan as an individual legal entityunder the transmission system operator, Trend reports via the“Action plan for the phased introduction of electricity marketelements”, approved by the Azerbaijani Cabinet of Ministers.
The operator will be established under the wholesale market'stemporary rules, provided for the second stage, to organize theactivities of the wholesale electricity market.
In this regard, Azerbaijan's Ministry of energy must submit therelevant draft legal act together with the Ministry of Economy andAzerEnergy OJSC from July 1 to December 31, 2025.
AzerEnergy OJSC is the transmission system operator inAzerbaijan.
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