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LDK CONSULTANTS supported the Georgian Authorities in the development of its cost effective electricity trading platform

by undertaking the assignment of the European Bank for Reconstruction and Development (EBRD) and ensured that Georgia’s renewable energy is in line with EU competitive market principles

and harmonized with the Turkish power market.
LDK Consultants, in collaboration with its partner Nord Pool Consulting, provided advisory on the design of the new electricity market concept including the day-ahead market, the intra-day market and the system services market. The services provided are:

  • Review of the available reports on the subject matter sponsored by other donors.
  • Review of existing cross-border trading rules to identify gaps that create inefficiencies for trading.
  • Presentation of best practice examples from countries that have successfully implemented an electricity trading model and market coupling.
  • Review of the existing regulatory framework in Georgia (including existing cross-border trading rules) and identification of areas of incompatibility with the regulation of Energy Community member countries.
  • Preparation of a concept, including the relevant commercial conditions and appropriate legal framework for an electricity market model compatible for Georgia, that is competitive, transparent, non-discriminatory and which will permit market oriented competitively priced import and export trades.
  • Preparation of specifications for the detailed design of the electricity market.
  • Evaluation of the possibilities for establishing a regional power trade platform.
  • Proposal for the creation of electricity market risk mitigation tools compatible to those available to HPPs in eastern Turkey.

The LDK Group is a trusted partner of international funders, investors and policy makers and is contributing with its blend of expertise in engineering and policy advice; its constant collaboration with the public and private sector is undoubtedly promoting the sustainability of the economy and environment worldwide.

The Group’s Energy sector constitutes one of the 6 major lines of service, along with Engineering & Project Management, Environment, Transport Infrastructure, Socioeconomic Development Consultancy and Information Dissemination.
LDK Consultants is a Group of 9 consulting and engineering companies with offices in Greece, Belgium, Cyprus, Kenya, Romania and Serbia.

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