Elnur Soltanov, Deputy Minister of Energy, Samir Akhundov, the Chairman of the Board of the AERA, Yoav Katsavoy, Acting Chairman of Israel’s Electricity Authority and other representatives participated in the discussions

Azerbaijan Energy Regulatory Agency (AERA) and Israel’s Electricity Authority (IEA) held an online meeting to exchange experiences on the energy regulatory issues.

Online meeting aimed at developing and expanding collaboration between AERA and Israel’s Electricity Authority (IEA), to hold energy markets analysis and identify potential areas for effective exchange of experience.

During the meeting, both sides discussed various bilateral issues ranging from energy market design both in Azerbaijan and Israel, the development of renewable energy resources and its use and future cooperation between authorities.

After opening remarks by Elnur Soltanov, Deputy Minister of Energy, Samir Akhundov delivered a presentation on AERA’s activity in Azerbaijan.

Yoav Katsavoy of IEA gave an overall information about Israel’s energy market, reforms in the electricity sector recently, especially unbundling of generation, transmission, and distribution from a vertically integrated monopoly.

Sides agreed to hold the next series of meetings on expert levels.

About AERA

The Azerbaijan Energy Regulatory Agency (AERA) regulates and inspects issues related to electricity, gas and heat supply. Established with the Presidential Decree №1750 by the 22nd of December 2017, the Agency operates as a public legal entity under the Ministry of Energy of Azerbaijan.

About IEA

The Electricity Authority regulates the provision of and supervises public services in the field of electricity. The authority's main functions are setting electricity rates, setting criteria and indicators for the quality of service and electricity for consumers and licensing.