ISET

On April 17th, ISET was honored to welcome Her Excellency Ms. Maria van der Hoeven, Executive Director of International Energy Agency (IEA), a leading international institution in energy sector. Prior to becoming Executive Director of IEA, Ms. van der Hoeven served as the Minister of Economic Affairs, the Minister of Education, Culture and Science and a member of the parliament of the Netherlands.

Ms. van der Hoeven visited school facilities, met with ISET faculty members and introduced findings of IEA's recent publication "Energy Policies beyond IEA Countries: Eastern Europe, Caucasus and Central Asia" to the broader ISET community (hardcopy of this publication is available in our library). Report analyzes current energy challenges and opportunities in Eastern Europe, Caucasus and Central Asia.

On March 23-27, 2015, Levan Pavlenishvili, Research Fellow at ISET-PI, Energy Policy Research Center, attended Ph.D. Winter School on “Energy Systems and Markets” in Kvitfjell, Norway. The course covered topics of market design, operations and investment, risk modeling and pricing on energy, primarily on electricity markets. Methods used during the offered course were: computational equilibrium analysis, stochastic optimization and deterministic optimization. The course consisted of 30 hours of lectures and Levan acquired 2.5 ECTS credits for attending the winter school.
Winter school was organized by Norwegian University of Science and Technology (NTNU), Norwegian School of Economics (NHH), and Center for Sustainable Energy Studies (CenSES).

The purpose of this event was to discuss the role of energy and water supply sectors for job creation and poverty reduction, as well as suggest improvements to existing policies affecting access to, and efficient use of, scarce resources. Georgia, just like other countries of South Caucasus region, is characterized with significant energy poverty. Electricity consumption per capita in the country is only 23% of OECD average. This is due to the low incomes in the country and the fact that people cannot afford using basic energy-intensive equipment, such as washing machines, refrigerators etc.

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