Overview of Georgia’s
energy sector

 

Current market and strong demand growth prospects:
In 2015 electricity generation reached 10.8TWh, of which hydropower accounted for 78%. Domestic Demand growth, which is expected to grow in line with GDP, requires an extension of power generation by around 65% until 2025.

Huge untapped potential:
75% of economically viable hydropower potential not yet exploited (Approximately 25TWh).

Liberalized and deregulated market:
Renewable projects are based on Build-Own-Operate (BOO) principle. No tariff set for the newly build Renewable energy Plants – investor is free to choose the market and negotiate the price. New and simplified rules for development of renewable energy projects. Georgia is surrounded by countries with a projected structural power deficit or expensive power generation, opening up attractive export opportunities.

GEORGIA’S HYDRO POWER

Georgia is one of the top countries in terms of water resources per capita. Today 78% of total electricity is generated from Hydro Power Plants. Georgia could produce additional 25TWh annually with hydro resources alone. New HPP have priority access to transmission line to Turkey. Generation and Export activities are exempt from VAT. HPPs smaller than 13MW do not need generation license. HPPs smaller than 2MW do not need the Environmental Impact Permit.

Our Partners

PROUD

We are proud to work with a wide range of respected clients and partners, on mini-hydropower stations in Georgia.

Our clients include:

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