RE: Codefred7 Sep 2019 17:24
“We have a very clear vision and a very effective, active, and aggressive plan to support local energy development on the one hand and on the other hand, to promote more active trade between the countries of our region and to offer our customers a choice between our own electricity and the possibly cheaper foreign energy. We also have a plan to make our consumption more energy efficient,” said Tarnava.
Georgia is considered one of the main transit countries of hydrocarbons from the Caspian region to Europe. Over the past decade pipelines such as the South Caucasus Gas Pipeline (SCP), Baku-Tbilisi-Ceyhan (BTC) and Baku-Tbilisi-Supsa pipelines have been successfully delivering Caspian hydrocarbon resources to Europe.
During the last Ministerial Meeting of South Gas Corridor Advisory Council in Baku, which was held in February 2018, the Georgian delegation paid special attention to the issue of transporting Azerbaijan’s hydrocarbons to the European market via Georgia and Turkey. The importance of the Southern Gas Corridor is for the diversification of gas supply, as well as the further enhancement of the energy security of Azerbaijan, Georgia and Turkey and the EU countries.
The crux of the meeting in Baku was a conversation that also covered the trans-Caspian pipeline project, which aims to deliver Turkmen gas to the EU using the transit capacities of Georgia, Azerbaijan, and Turkey. “The development of the South Gas Corridor, as well as the expansion of the South Caucasia Pipeline and the completion of the Shah-Deniz 2 (in Azerbaijan), is of the utmost importance for our country,” ex-Development and Economy Minister Kumsishvili said during his visit to the Azeri capital last year.
Georgia is remarkably rich in hydropower resources, and also has potential when it comes to wind, solar, biomass and geothermal resources. This would allow for the creation of additional capacity by means of domestic and foreign investment. Georgia cooperates with one of the leading energy Companies in Turkey, Çalik Enerji, with the two having completed negotiations on the construction of a wind power plant with a capacity of 50 MW and an investment of $75 million that will be built in Georgia’s Shida Kartli region.
“This is, of course, a very important investment that will result in another new source of renewable energy in the electric power system of our country,” said Kumsishvili on February 20, 2018.
The most recent South Caucasus Energy Summit was held in Tbilisi in May 2018. The forum focused on the development of energy infrastructure and connectivity within the South Caucasus region as well as ways of improving the regional energy ties, strengthen energy security and the sustainability of the natural gas and electricity supply.