Deputy Economy Minister speaks about Georgia's energy, transit potential at Balkans and Black Sea Forum
Romeo Mikautadze participated in the panel Innovation, Technology, Financing, Investments at Serving Society, hosted as part of the Forum running on Tuesday and Wednesday. Photo: Ministry of Economy
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Georgian Deputy Economy Minister Romeo Mikautadze spoke about Georgia’s energy and transit potential at the ongoing Balkans and Black Sea Forum in Athens, Greece, the Ministry of Economy announced on Tuesday.
Mikautadze participated in the panel Innovation, Technology, Financing, Investments at Serving Society, hosted as part of the Forum running on Tuesday and Wednesday.
In his address, the Deputy Minister highlighted the importance of the use of renewable energies, as well as the development of new technology and implementation of strategic infrastructure projects, in particular noting the Black Sea energy cable project designed to connect the energy system of Georgia and the South Caucasus with the European Union.
The Forum is promoted as an independent economic platform for discussions between businesses and policymakers around “enhancing stability, growth and cooperation” across the Balkan and Black Sea regions.
Oliver Varhelyi, the European Union Commissioner for Neighbourhood and Enlargement Policy, on Sunday announced the bloc would allocate €17 billion for the economic and investment plan of its Eastern Partnership initiative, including €2.3 billion in estimated total investments for the Black Sea Strategic Submarine Electricity Cable.
The United States Agency for International Development and Georgian Renewable Power Company have teamed up to develop a solar power project at the Qartli wind farm to increase Georgia's clean energy production capacity during periods of low wind speed in the central municipality of Gori, the USAID announced on Friday.
Georgian deputy economy minister Romeo Mikautadze on Tuesday spoke about the importance of the development of green hydrogen in Georgia at an international forum organised by the International Energy Agency, the ministry of economy said.
Oliver Varhelyi, the European Union commissioner for neighbourhood and enlargement, on Tuesday told a press briefing in Tbilisi the bloc wanted to have a “partnership in terms of reliable energy supply from Georgia”, and to establish energy security in Georgia, the Caucasus and Europe through the initiative.