Correggio Consulting Technical Assistance Projects
Correggio Consulting provides high-level regulatory and strategic technical assistance to governments, regulators, exchanges, and state-owned energy companies as they design, liberalise, and modernise their gas and power markets.
Our experts advise on market design and target models, unbundling and wholesale market development, risk management frameworks, corporate reform of state entities, and the creation of competitive trading environments and regional hubs.
Drawing on assignments funded by institutions such as the European Commission, USAID, and national ministries in jurisdictions including Azerbaijan, Moldova, Ukraine, and Türkiye, we combine deep EU market experience with practical, hands-on support tailored to local regulatory, institutional, and political realities.
Republic of Azerbaijan
The project, funded by the Ministry of Energy of Azerbaijan, focuses on developing market regulations aligned with the target model to foster a competitive environment among electricity producers and suppliers. We collaborate closely with Azerbaijani stakeholders on the electricity market unbundling initiative, with particular emphasis on understanding the functioning of the electricity market. Our contributions include sharing insights on various critical topics such as wholesale market efficiencies, deregulation, and the implementation of market reforms in both EU and non-EU contexts. Additionally, we examine the roles of power market operators, power exchanges, and transmission system operators in driving market dynamics. (2024)
Ukraine
We provided assistance in advising the National Securities and Stock Market Commission (NSSMC) and relevant government bodies in Ukraine to align legislation for modernizing financial and commodity products trading. Our consulting involved assessing the legal framework, particularly in explaining spot and forward trading activities, title transfer, settlement functionalities, and conducting gap analysis for market development. (EU Funded Project, 2018-2019)
European Commission
We provided consulting services to develop and implement a Gas Trading Platform (GTP) for the Turkish Ministry of Energy and Natural Resources, with BOTAŞ as the main beneficiary. Our recommendations covered organizational management, financial management, natural gas supply security, and the establishment of a Turkish natural gas hub, with a focus on capacity building activities. (EU Funded Project, 2015-2017)
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USAID C4G, Republic of Moldova
We assist the Moldova State Company Energocom to develop towards wholesale energy market participant in the EU, providing high level strategy advice on corporate reform and basic risk management policies to migrate from a state organization to a commercial enterprise. We give support in energy procurement activities for the Republic of Moldova and assistance to the top Energoatom management and government departments. (Present)
European Commission
As a key expert in a comprehensive project, contributed to establishing a gas balancing and wholesale gas market platform, serving as a blueprint for future gas offerings at EPIAS (Turkish Energy Exchange), we provided detailed explanations on the functionalities of physical and financial platforms. Additionally, we conducted training sessions for Turkish gas traders, covering financial regulation application, commodity derivative market operations, and principles of effective risk management in commodity and capital markets. Acting as the main point of contact, we addressed inquiries from the Turkish Ministry of Energy and BOTAŞ regarding Turkey's deregulation of the national gas market. (EU Funded Project, 2013 - 2016)
European Commission
As a consultant supporting the Cyprus Transmission System Operator (TSO) in the consultation process for the Trading and Settlement Rules, we ensured efficient presentation and explanation of the new market rules to relevant stakeholders. Our responsibilities included consulting with all market stakeholders on the specifics of the new Electricity Market Trading and Settlement Rules (TSR) and coordinating their feedback and inputs. This was done with the aim of producing the final draft of the market rules to be adopted by the Ministry of Energy and the Energy Regulatory Authority of Cyprus. (2016)
Our Services
Correggio Consulting delivers specialised advisory support across the European gas and power sectors, helping market participants navigate complex regulatory environments with clarity and confidence.
Our services span the full spectrum of market entry and operational readiness — from strategic market access and executive training to regulatory compliance implementation, legal and contractual support, and the execution of technical assistance projects in emerging markets. With deep sector expertise and a proven track record across wholesale energy markets, we equip clients with the knowledge, frameworks, and guidance required to operate effectively, manage risk, and succeed in an evolving regulatory landscape.
Get in Touch
Haachtsebaan 130, 3140
Keerbergen, Belgium
+ 32 (0)472 36 57 25
