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French Development Agency puts emphasis on increasing solar and wind capacity integration in Georgia

Oil&Gas Materials 27 November 2020 16:46 (UTC +04:00)
French Development Agency puts emphasis on increasing solar and wind capacity integration in Georgia

BAKU, Azerbaijan, Nov. 27

By Tamilla Mammadova – Trend:

The Georgian State Electrosystem (GSE) and French Development Agency have presented the results of the first generation expansion plan for 2020-2035 for Georgia’s energy system, Trend reports via the Embassy of France in Georgia.

As reported, the plan outlines the need for more wind and solar renewable energies and the high importance of hydroelectric power.

The French Development Agency funded a two-year technical assistance project for Georgian State Electrosystem during which tools and methodologies have been developed to create strategies for the future of electricity generation in Georgia.

"Particular emphasis has been put on increasing solar and wind capacity integration, as well as on enhancing the cost efficiency of the network while ensuring stability", reads the press release published by the Embassy of France in Georgia.

This project is part of the comprehensive support that the French Development Agency is providing to the Georgian government through the Energy Sector Reform Program, which is co-financed by the German state-owned development bank (KfW) and the EU, and which started in 2018.

Ambassador of France to Georgia Diego Colas said that France, with partners from Germany and EU institutions, is proud to work alongside the Georgian government to meet the future energy needs of the country with a view to building a better, greener world.

"The strategy that we are helping develop relies greatly on bringing predictability into the electricity market, in order to encourage investments and thereby to foster greater energy efficiency and renewable energy generation. We are ready to provide our expertise, with the French Development Agency, to make sure that the design of future reforms in the electricity sector includes this dimension of fairness, which is a key factor of success of any reform in Georgia as elsewhere,” said Colas.

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