REASONS TO CHOOSE GEORGIA:• High Hydro-Power Energy Potential
• Pro-Business Legislation
• Skilled & Qualified Workforce
• Reliable Cross-Border Infrastructure
In Georgia, electricity generation is going through a transformation to Clean & Green Energy production. As part of this transformation, private and public investment has been made to fully
rehabilitate key infrastructure components. Likewise, recent legislation has deregulated and unbundled energy services, which has stimulated further investments in generation, transmission and distribution.
IMMENSE HYDRO POWER POTENTIAL Recent investments in hydropower generation have caused an upsurge in Green Energy investment throughout Georgia – particularly in hydro power production. Georgia is well positioned to take advantage of Green Energy investments because:
• Georgia ranks as a “Top Country” globally in Water Resources per Capita
• There are 26,000 rivers on the territory of the country. Their total length is approximately
60 000 km.
• The entire fresh water supply of Georgia, which is made up of ice, lakes and water
reservoirs, is 96.5 km3.
• Around 300 rivers are significant in terms of energy production; their total annual potential
capacity is equivalent to 15 GW, while the average annual production equals 50 mln KWh.
• Only 15-18% of Georgia`s hydropower potential (2.7 GW) has been utilized.
• Georgia`s stable economy, increasing power demands, significant public infrastructure
investments, pro-business legislation and deregulated energy sector offer considerable
investment opportunities in Hydro Power Production.
• According to the “Electro-energy and Natural Gas” Law, Georgia guarantees deregulation
of the hydro power stations built after August 1, 2008. These stations have a right to trade
power with free, deregulated tariffs.
INCREASING DEMAND FOR GEORGIAN POWERGeorgia is a net exporter of electricity, and current public and private investments are pushing this market to achieve expand further. In Turkey, electricity consumption is increasing at a dramatic pace, requiring its domestic energy sector to double its capacity by 2020. Likewise, many countries in the region are also seeing consumption outstrip domestic supply.
Currently, Georgia s excess supply of electricity offsets the increasing demand in Turkey, Russia, Azerbaijan and Armenia. The peak demand season (summer) in many of these countries is equally matched by Georgia s peak supply season, when river flows are at their highest.
The Government expects new investments to increase production dramatically over the next several years, which has stimulated Georgia to invest in High-Voltage Transmission lines to Turkey. These new lines will provide reliable cross-border infrastructure for potential investors investing in power generation.
Energy Sector of Georgia (PDF, 11.2 MB)
