BAKU, Azerbaijan, June 1. Georgia is
implementing an active program to attract investors and develop
renewable energy sources, while also strengthening regional energy
cooperation, Inga Pkhaladze, the Deputy Minister of Economy and
Sustainable Development of Georgia, said, Trend reports.
She made the remark at the Ministerial Plenary Session:
International Cooperation for a Resilient and Diversified Energy
Future, held as part of Baku Energy Week.
According to her, Georgia depends on energy imports, which is
why the government is implementing a program to attract investment
and expand generation from renewable energy sources.
Pkhaladze noted that the country is actively developing regional
cooperation and implementing projects aimed at enhancing the
resilience of the energy system and energy independence.
"We have identified key projects that enhance the resilience of
our energy system and promote diversification. We are working
closely with Azerbaijan, which supplies us with oil and gas, as we
do not have our own resources. At the same time, we are discussing
strategic projects with neighboring countries and the development
of renewable energy to ensure their electricity supply if
necessary," she added.
The Deputy Minister also emphasized the importance of
implementing new technologies, including energy storage systems,
expanding power grids, and constructing new substations.
"We are implementing energy storage technologies, which are
essential for the stability of the power system, expanding our
grids, and developing new substations. We are looking beyond our
borders and striving to strengthen the energy security of
neighboring countries, as well as to reinforce Georgia’s role as a
reliable transit country,” Pkhaladze noted.
She added that the implementation of major joint projects will
help improve the reliability of energy supply and expand regional
cooperation.
