CONFERENCE ANNOUNCEMENT
RENEWABLE ENERGY DEVELOPMENT – THE WAY FOR SECURING ENERGY INDEPENDENCE
Tuesday, 24 April 2018
Venue: Hotel Tbilisi Marriot, Rustaveli avenue 13, Tbilisi, 0108, Georgia
Working language: English
14:30-15:00
REGISTRATION
15:00 Welcoming remarks:
Ambassador Zviad Chumburidze , Secretary General of EU-Georgia Business Council
H.E. Mr. Dimitry Kumsishvili, First Vice Prime Minister, Minister of Economy and Sustainable Development
Mr. Chris Schlueter, BP Country Manager in Georgia
H.E. Mr. Janos Herman, Ambassador of the European Union to Georgia
Mr. Bruno Balvanera, Director for Caucasus, Moldova & Belarus, EBRD
15:30 Session: The ways for securing Georgia’s energy independence
- WIND POWER – EFFICIENT WAY TO FILL THE GAP IN ENERGY SECTOR IN GEORGIA AND ACHIEVE THE INDEPENDENCE – Mr. Kresimir Condic, Executive Director, Infinite Energy LLC
- GREEN FINANCE DEVELOPMENT – RE (RENEWABLE ENERGY) PROJECT FINANCE – Mr. Alex Matua, Member of the Management Board / Director, ProCredit Bank Georgia
- NAMAKHVANI CASCADE OF HPP’s – ADDING SIGNIFICANT VOLUME OF GEORGIA’ S ENERGY GENERATION CAPACITY – Mr. Aziz Saltik, Deputy CEO, Clean Energy Group Georgia
- ROLE OF PUMP STORAGE HYDROPOWER PLANTS- Mr. Marijan Racic , Energy Specialist, Clean Energy & Resource Efficiency Advisory, IFC World Bank Group
- EU-GEORGIA ENERGY LINE PROJECT – Mr. Giorgi Kacharava, Executive Director of EUGBC, Head of Energy Commission Secretariat and Mr. Irakli Tkebuchava, CFO, Gross Energy Group
Background
Georgia is a fertile ground for renewable energy projects. There is plenty of room for growth in the renewables sector in the country and the business development is significant for project developers, advisory services, and financing institutions.
- Wind Energy – According to the estimations, the total installed capacity of wind power projects can be up to 1500 MW with average annual electricity generation up to 4 billion kWh.
- Solar Energy – Georgia has a big potential for solar energy development. During the year in most regions, there are 250-280 sunny days and the annual average amount of sunshine hours is over 2000.
- Hydro – Currently, only 20% of the hydro potential is utilized. Hydro Potential for development is equal to 40 TWh.
Source: EU-GBC
