New Seminar Focuses on International Electricity Trade

Today, the United States Agency for International Development (USAID), in partnership with the Government of Turkmenistan and with the support of the Chevron Corporation, launched a three-day-long seminar entitled “International Electricity Trade and International Electricity Sale and Purchase Contracts.” The seminar focuses on international electricity trade, marketing techniques, and methods of benefiting from the seasonality in electricity trade, as well as international best practices in drafting international electricity purchase agreements and contracts. The seminar will also include country-specific case studies on these issues.

Participating in the training are 10 economists, lawyers, and specialists representing Turkmenistan’s Ministry of Power Generation and the “Turkmenenergo” State Power Engineering Corporation, whose official duties include drafting and negotiating international electricity trade agreements. Leading the seminar is Mr. Valeriy Vlatchkov, an energy sector expert, specializing in electricity transmission and regulatory affairs, with over 29 years of experience in the field. Mr. Vlatchkov has provided consulting and training services in more than 26 countries in the Balkans, Eastern Europe, Asia, Central Asia, Southern Africa, and Central America.

Over the past two years, USAID’s Macroeconomic Project has organized a series of seminars with the Government of Turkmenistan and has sought to highlight the economic benefits of engaging in free market-based international trade. The seminar complements these efforts by highlighting ways Turkmenistan can reap greater benefits from trade in the electricity sector.