New EU-funded project to help Georgia create digitalisation strategy
The fifth Twinning Light Fiche project, funded by the EU in the amount of €250,000, would run for eight months and develop a digitalisation strategy and its action plan. Photo: Nino Alavidze/Agenda.ge
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A fresh project funded by the European Union will aim to create an energy regulatory environment for digitalisation in Georgia following its launch by the Georgian National Energy and Water Regulatory Commission, the body said on Thursday.
The GNERC said the fifth Twinning Light Fiche project, funded by the EU in the amount of €250,000, would run for eight months and develop a regulatory framework for promoting “efficient, safe, modern and secure processing of data” and develop a digitalisation strategy and its action plan.
The process of digitalisation, which is one of the most important tasks of the energy sector, contributes to the development of consumer and domestic services, quality improvement, as well as Georgia's approximation to EU standards in many areas", Romeo Mikautadze, the Deputy Minister of Economy, said in comments on the development.
Mikautadze also said the Ministry was working on the development of Georgia's energy policy and on refining the national energy and climate plan.
The digitalisation strategy and action plan will be developed in line with the Association Agreement, signed by Georgia with the EU in 2014, and the Energy Community Treaty.
Georgian Finance Minister Lasha Khutsishvili spoke about his country’s potential in generating green energy at the European Bank for Reconstruction and Development's Annual Meeting and Business Forum in Morocco, the Ministry said.
New solar, wind and hydropower projects with a total investment volume of $200 million will be implemented in Georgia to support the development of renewable energy and ensure the country's energy independence, the Government revealed on Tuesday.
The European Union (EU) and UNDP are inviting rural entrepreneurs from the Georgian municipalities of Dedoplistskaro, Kazbegi, Lagodekhi and Tetritskaro to take part in the third round of the ‘Digitalise Your Business’ project, announces the UNDP Georgia.
The World Bank Vice President for Europe and Central Asia Anna Bjerde, who is visiting Georgia, has announced that the World Bank is eager to participate in the development of a new strategy for Georgia after the meeting with the Prime Minister Irakli Garibashvili today.
Georgian Energy Exchange will become fully operational in September, aiming to ensure transparent and competitive markets and provide accurate price signals to existing and potential market participants, Economy Minister Levan Davitashvili announced on Wednesday.
The Georgian Energy Exchange will probably not be launched in September amid "increased risks in the region", Economy Minister Levan Davitashvili said at a press briefing on Monday.
Georgian Deputy Economy Minister Genadi Arveladze is participating in the ministerial meeting of the Organisation for Economic Cooperation and Development in Paris, under the theme of Promoting and Enabling Responsible Business Conduct in the Global Economy, the Economy Ministry said on Tuesday.