Arzybek Kozhoshev, Minister in charge of Energy and Infrastructure of the Eurasian Economic Commission, took part in the round table "EAEU Common Electric Power Market: Future Outlook" at the EEF 2025 in Minsk, dedicated to the prospects of integrating the electric power markets of the Eurasian Five States.
"The common market will provide equal access to transboundary trade in electricity, expand the volume and methods of mutual trade, make it possible to equalize the load schedule in the energy systems of the Eurasian Economic Union countries and abandon excessive construction of generating capacities. This will increase the energy security of the Member States," Arzybek Kozhoshev noted.
The event participants noted the progress in establishing the regulatory framework for the EAEU common electric power market, considered the specifics of reforming and developing the internal electric power markets in the context of integration and identified the prospects and priorities for the development of the real sector and the business community of the Union countries under the conditions of the future market functioning.
"By now, almost the entire regulatory framework for the functioning of the electric power market has been approved, and the Accession Treaty with regulations has been prepared to a large extent. At the same time, it is extremely important to follow the principles of establishment and functioning of the common electric power market enshrined in the Treaty and implemented in the rules, including in view of the extensive impact of the electric power industry on the real sector," Arzybek Kozhoshev informed.
The round table was attended by heads and experts from more than 50 industry organizations, confirming the high interest of business and regulators in the establishment of a common electric power space.
The discussion participants were heads of energy agencies and representatives of infrastructure and exchange organizations of the EAEU States.
