Meta Data
Draft: 
No
Revision of previous policy?: 
No
Effective Start Year: 
2016
Scope: 
National
Document Type: 
Government Report
Economic Sector: 
Energy, Power
Energy Types: 
Power, Renewable, Hydropower, Solar, Wind
Issued by: 
Georgian National Investment Agency
Overall Summary: 
This report offers an overview of general statistics about energy in Georgia. In particular, it describes the various energy sources and investment opportunities in the country; and offers a description of ways to access finance and to facilitate investment.
Renewable Energy
RE action plans: 
SOME LARGE PROJECTS ARE ALREADY UNDERWAY AND EVEN MORE ARE COMING: 17 HPP Projects Under construction - installed capacity of 820 MW ( 7 HPPs started in 2015); Construction of 14 HPP Projects will commence in 2016 - installed capacity of up to 1,900 MW; 26 HPP Projects are under feasibility studies with construction liabilities - installed capacity of up 1010 MW. --- Government approved new, simplified rule of Expression of Interest for construction technical and economic feasibility study, construction, ownership and operation of hydropower plants in Georgia.
RE feed-in tariffs: 
All new HPP plants are totally deregulated - No tariff set for the newly built HPPs - investor is free to choose the market and negotiate the price.
RE reductions in taxes: 
Generation and Export activities are exempted from VAT.
Public investment loans or grants: 
GEORGIAN ENERGY DEVELOPMENT FUND: 100% state owned Joint Stock Company. Mission: realization of country’s alternative energy projects. Finances up to 30% equity in energy projects. Exit option after commissioning.
Mandatory connection: 
There is no fee for the connection to the transmission grid and no license required to export. No Generation license is required for <13MW Capacity HPPs.
Environment
Green finance: 
Developer benefits from carbon credits trading.
Energy Supply and Infrastructure
Cross-border energy infrastructure: 
New HPPs have priority access to the capacity on the new interconnection to Turkey.