The Ministry of Energy and the World Bank has jointly organized the seminar within the framework of the "Support for the creation of transition mechanisms for the liberalization of the electricity market " project. The representatives of the Ministry of Energy, Azerbaijan Energy Regulatory Agency (AERA), Azerbaijan Renewable Energy Agency (AREA), "Azerenergy" OJSC and "Azerishiq" OJSC participated in the two-day  seminar.

Hikmat Hasanov, head of the Strategic Planning and Innovations Division of AERA, informed the participants on the “Electricity market monitoring rules” project and the importance of these rules for the energy market.

The event continued with discussions on the role of the “Single buyer model” in the electricity market and the measures taken to transition into this model, as well as the integration of renewable energy sources.