New challenges of the Georgian energy sector and their legal regulation

The energy sector is of crucial importance in the sustainable economic development process Georgia and growth population's well-being. Our country not distinguished by excess reserves resources. However, due to its geopolitical location, we have a significant electricity gas transit function between Europe Asia. global processes recent years, Covid-19 pandemic Russia-Ukraine war, put front new challenges. issue highlighting problems security efficiency, increasing competitiveness, utilizing renewable sources, developing recommendations for legal regulation improvement markets was on agenda. paper highlights challenges Georgia; possibilities launching organized model natural market are analyzed; results current reforms discussed.