Deputy Economy Minister, businesses discuss energy security plans, renewables
He also told those at the meeting the “great potential” of renewable energy resources domestically meant its utilisation was a “priority” of the Government's economic policy. Photo: Ministry of Economy
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Romeo Mikautadze, the Deputy Economy Minister of Georgia, discussed procedures of auctions for the state scheme for renewable energy support in a meeting that involved investors, companies and business associations of the sector, the Ministry of Economy said on Thursday.
Mikautadze highlighted the Government’s “ambitious” for the development of large energy projects, including initiatives for local energy resources and the construction of the Black Sea submarine infrastructure intended to connect the energy systems of the South Caucasus and the European Union.
The significance of development of energy projects in increasing energy security was also noted by the official, who said sustainable growth of the country’s energy capabilities was “of utmost importance”.
He also told those at the meeting the “great potential” of renewable energy resources domestically meant its utilisation was a “priority” of the Government's economic policy.
The Deputy Minister also thanked the United States Agency for International Development for its contribution to the development of Georgia's energy capability.
Georgia has proven to be a “valuable participant” of the Southern Gas Corridor, a route delivering gas from Azerbaijan to Europe, and plays a “key role” in energy resources reaching European markets, Romeo Mikautadze, the Deputy Economy Minister, said on Friday.
Georgian Deputy Economy Minister Romeo Mikautadze on Tuesday highlighted energy security as a "necessary prerequisite" for ensuring growth and development, in remarks at the Energy Policy Forum organised by the United States Agency for International Development.
Georgian Prime Minister Irakli Garibashvili on Wednesday participated in the Mastering New Energy Economics roundtable discussion held within the framework of the World Economic Forum in Davos.
Georgia’s energy sector is in “an active phase” of development and the country’s goal is to “effectively” use the “huge” unused potential of renewable energy through hydro, wind, solar, and other energy-sufficient directions, Romeo Mikautadze, Georgia’s Deputy Economy Minister said on Saturday at the 13th session of the Assembly of the International Renewable Energy Agency in Abu Dhabi.
Georgia’s Ministry of Economy and Sustainable Development on Monday announced an auction for production and utilisation of renewable energy sources that has been described as an “important step” for ensuring energy independence of the country by Deputy Minister Romeo Mikautadze.
Georgian Deputy Economy Minister Romeo Mikautadze on Tuesday said ensuring utilisation of renewable energy was “important” for establishing a “sustainable, safe and independent” energy sector in the country.
Twenty-seven companies have been declared winners in projects for renewable energy infrastructure, creating opportunities for over $2 billion in investment in Georgia’s energy sector, the Government Administration announced on Monday.
Vakhtang Tsintsadze, the Georgian Deputy Economy Minister, on Wednesday highlighted the country’s “real potential” to play a “key role” in the development of reliable and safe supply chains and promote energy security on the Eurasian continent.
Romeo Mikautadze, the Deputy Economy Minister of Georgia, on Sunday said the ongoing year was seeing “record figures” in generation and exports of electricity, in an address to employees of the sector on their professional day.
A Government meeting chaired by Prime Minister Irakli Garibashvili on Tuesday discussed the first auction of electricity production capacity initiated by the Ministry of Economy.