The Black Sea Regional Energy Centre (BSREC) acts as a focal point for energy related activities, aimed at developing co-operation between the Black Sea region countries and the EU in the energy field. The Center's core activity is targeted to promote the development and implementation of market oriented energy policy, encourage restructuring of the monopoly structures, encouraging the energy efficiency and renewable energy projects, assist investment and funding, and allow the collection and dissemination of energy sector related information at a regional level. The main objectives of the Centre are as follows:

• Promotion of energy policy application and market reform, with reference to EU Directives on electricity and gas, the European Energy Charter and the world-wide accepted restructuring process.
• Encouragement of investment and funding opportunities in the energy sector of the Black Sea Region.
• Easy access to foreign and international institutions and companies to the Black Sea region energy sector.
• Facilitation of Black Sea Region initiatives for social partners who wish to link with international counterparts.
• Information exchange on energy policy issues, including creation of a common information data bank.
• Provision of co-ordination services for international and bilaterally funded projects addressed to the region.

Areas of expertise:

• Harmonisation of countries' energy legislation with the EU one
• Energy market reform
• Security of energy supply and promotion of utilization of renewable energy sources (RES)
• Energy efficiency and rational use of energy (RUE)
• Networking, exchange of experience and dissemination of information

Target audience: international organisations, ministries, regional authorities, public and private enterprises and individuals