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Georgia's energy sector is characterized by a strong reliance on hydropower, accounting for over 80% of the country's electricity generation. The country's hydropower resources are primarily concentrated in the Enguri and Rioni rivers. Georgia also generates electricity from natural gas and, to a lesser extent, wind power.
Georgia's energy market is undergoing a transformation, driven by the need to meet growing demand, diversify its energy mix, and enhance its energy security. The country is investing in renewable energy sources, such as solar and wind power, and is also exploring options for expanding its natural gas infrastructure.
Georgia Energy, Power, and Electrical Government Procurement
The Georgian government plays a significant role in the energy sector, driving procurement efforts towards sustainable solutions. The government has set a target of sourcing 30% of its electricity from renewable sources by 2030. To achieve this goal, the government procures a wide range of energy-efficient and renewable energy technologies, including solar panels, wind turbines, and hydropower systems.
The Georgian government procures a diverse range of energy, power, and electrical products and services, encompassing:
Georgia: Hydropower and sustainable tourism: Hydropower plants, solar power for remote areas, energy efficiency solutions for hotels and resorts.
The primary authorities overseeing Georgia's energy, power, and electrical procurement are:
The Georgian Ministry of Economy and Sustainable Development
The Georgian Electricity Market Operator (ESCO)
The Georgian National Energy and Water Supply Regulatory Commission (GNERC)
Major companies frequently awarded contracts for Georgia's energy, power, and electrical procurement include:
JSC Energotrans Georgia, a major electricity transmitter and distributor in Georgia
JSC Caucasus Energy, a leading renewable energy developer in Georgia
JSC Adjara Hydro Power Plants, a hydropower company operating in the Adjara region of Georgia
Siemens AG, a German technology company with a significant presence in Georgia
Schneider Electric SE, a French multinational specializing in energy management and automation.
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