Utilisation of renewables important for energy independence - Deputy Economy Minister
Georgian Deputy Economy Minister Romeo Mikautadze ensuring utilisation of renewable energy was “important” for establishing a “sustainable, safe and independent” energy sector in the country. Photo: Ministry of Economy
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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.
To achieve this goal, it is necessary to create an attractive investment environment that serves the main interests of the state”, Mikautadze said at a meeting with renewable energy developers, investors, financial institutions and large consumers, organised by the United States Agency for International Development.
The meeting discussed innovative strategies and approaches to attract financing for renewable energy projects in Georgia, the USAID said.
The Ministry cited Mikautadze as saying the Government supported a strengthening of the private sector and its role in improving energy security of the country.
The Government has adopted a new incentive scheme for renewable energy [...] I would like to call for more activity from those who have projects and interest to participate in the auctions [...] With the construction of each megawatt of power [generation] - be it hydro, solar or wind - our country will take a very big step on the way to energy independence”, the Deputy Minister said.
USAID Mission Director John Pennell said the programme was partnering with the Georgian Government, civil society and private sector to expand renewable energy production.
“This USAID partnership will create a stable, affordable, and clean electricity supply that supports key industries, a growing middle-class lifestyle, job growth, and greater energy security. USAID prioritises renewable energy in Georgia because more renewable energy production makes Georgia a stronger, more secure, and more prosperous partner in the South Caucasus”, Pennell said.
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.
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.
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.
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.
Three Georgian institutions will receive four fuel-efficient cars purchased with a grant from the Japanese Government, after the vehicles were handed over in an occasion at Tbilisi International Airport on Thursday.
Construction permits issued in Georgia will require minimum energy efficiency requirements starting in July, the Ministry of Economy announced on Wednesday.
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.
The Georgian Government will “gradually” sign the contracts with the companies that were declared winners of the first auction in projects for renewable energy infrastructure in July, the Economy Ministry said on Friday.