Energy Regulatory Framework Study, Azerbaijan

When:                  2003 to 2004

Client:                   Nexant, Washington, DC, USA

Ultimate clients:     World Bank
                             Ministry of Economic Development, Azerbaijan

As part of the larger project to establish a framework for establishing a regulatory agency for the power and gas sectors of Azerbaijan, I was engaged as the project’s electricity tariffs specialist. My tasks included the following:

• Development of principles for guiding the formulation of electricity tariffs in Azerbaijan
• An analysis and critique of the country’s existing electricity tariffs
• Proposing a roadmap, timetable and schedule of activities for the development of cost based electricity tariffs in Azerbaijan
• Assistance to the World Bank in developing tariff related conditionalities for their loan agreement with the Government of Azerbaijan