Georgia has to think of alternative energy sources
14 April, 2011
Georgia has to think of alternative energy sources

Fukushima nuclear plant tragedy changed the world mentality and trends to renunciate the well-probated electricity generation sources gradually in favor of alternative green energy sources including wind, solar, and hydro potential. And Georgia also has to think of alternative wind and solar-based energy resources irrespective its ample hydro potential.
“ Japanese example showed us that traditional electricity generating plants like nuclear  and thermal plants may inflict a big damage from ecological and  security point of view, and yet we believe

that we have ample hydro power resources; however, it is not as reliable as we think due to imminent global warming,” Revaz Arveladzre, President of Energy Academy of Georgia,  told Georgian Journal.
According to him, most Georgian rivers considered as potential sites for Hydro Power Plant (HPP) construction take their origins in glaciers that may retreat in 30-50 years affecting hydro resources of Georgia.  Therefore it is time for Georgia to think of development of other renewable energy sources like wind and solar. Moreover Georgia has ample thermal water potential that can be easily used for green-house use and house heating.  
“The theoretical hydro potential is 200 billion kilowatt/hour in Georgia, but just 80 billion kwt/h is technically available and about 40-45 billion economically reasonable. The potential wind resources account for 4 trillion kwt/h meantime that by 100 times exceeds the hydro potential. The problem is only 3-4 billion kwt/h  is  technically available at the moment but  if we take into account that Georgia consumes just 8 billion kwt/h per year it is not insignificant data.  And if we utilize even 1 billion out of it will be great. I do not want to be a trouble-howler but if global warming goes ahead all this will be true,” Arveladze stressed.
Development of energy-efficient technologies tops the global agenda to help mankind to handle the imminent global warming threat. Georgia has little progress to this end for several key reasons including mentality problem: nobody cared for reasonable electricity and gas consumption for almost a century for both were almost free of charge during soviet regime. After the collapse of the regime there was electricity shortage and blackouts plus cut of gas supply up to 2004 so that there was no need to save any of them.  After 2004 electricity and gas supply problem was solved but mentality still resists: why on earth we need to buy an expensive energy-efficient bulb for GEL 15 when you can enjoy similar light of the bulb acquired for the 50 tetri?-people think. Moreover, purchase power of Georgian population is so miserable that only few could afford the expensive energy-efficiency equipments even if they were well-aware of its benefits: say insulation of house cuts down heating cost by 40-50% but it costs approximately USD 100 per square meter- a puzzle for bigger part of population 40% of which lives below poverty level.
The best world practice shows that targeted banking credits can alleviate the problem but things improve too slowly in Georgia. European Bank for Reconstruction and Development in partnership with BP and its Oil & Gas Co-venturers launched a special energy-efficiency crediting project in Georgia for both corporate and household needs. The EBRD loans were disbursed to four banks including the TBC Bank, Cartu Bank, Bank Republic and Bank of Georgia, BP and its partners  are providing additional USD 1 Million grant to household to make credits more accessible: households will get back 15% of the total cost of the purchased energy efficient products and devices. However high interest rates on banking loans still keeps potential clients shun credits.
George Abulashvili, Director of Energy Efficiency Center of Georgia (EECG), that provides any willing person by free consultations on energy-efficiency issues, assures awareness and interest of society in energy-efficient issues increased starting 2009 thanks to the “Energy Bus Project”, a visual tool that brings practical demonstrations and information on energy-efficiency across Georgia and was launched in April of 2009 by BP and Energy Efficiency Center of Georgia.
Implementation and results of the Projects fell under a focus of the Week of Sustainable Energy held in Tbilisi from April 11 to 15 of 2011. According to Abulashvili, government appears more involved in the issue and number of interested people appealing to the Center for information increased to 44 thousand and 2 thousand asked for consultations within 2009-2010, both figures are much higher than the total data of applicants registered during the eleven-year practice of the Center.  However how many of them really installed energy-efficient equipments or asked for banking credits is not monitored as of yet.

Print
Other Stories
Inovative and reliable online shop in Georgia - Momitane.ge
Status of Georgia as a business and tourism interesting country is growing from year to year.
Tbilisi TV Broadcasting Tower – Better than the Eiffel Tower?
It is planned to renovate the Tbilisi TV Broadcasting Tower, one of the landmarks in the capital.
Georgian Fusion Menu by The Biltmore Hotel Tbilisi
5,895,914 international visitors have visited Georgia between January and August of 2018. Compared to the previous year the number has increased by 12.2 per cent.
Advertising of gambling and lucrative games may become banned in Georgia
Advertising of gambling and lucrative games may become banned in Georgia. Those who violate the new rule would be fined GEL 10 000.
Lebanese café-lounge Beirut opens in Tbilisi
What is necessary to organize an unforgettable event? – Fun, emotions, lots of surprises, good music and delicious menu.
Georgia second among the fastest growing tourist destinations in Europe
Georgia is among the fastest growing tourist destinations in Europe. The data is published by the UN World Tourism Organization.
Bitmain launches world digital mining summit in Tbilisi, Georgia
Bitmain CEO Jihan Wu and Roger Ver, CEO of Bitcoin.com Head Speaker List featuring Circle, DEX.top and Genesis Mining when Digital Mining Leaders Convene In Tbilisi on September 21-23
GAZELLE FINANCE GEORGIA AND TBC BANK HELP THE WESTERN REGIONAL CENTER OF MODERN MEDICAL TECHNOLOGIES EXPAND ACCESS TO QUALITY HEALTHCARE SERVICES IN KUTAISI, GEORGIA
TBC Bank and Gazelle Finance have teamed-up to support Medical City, a leading healthcare provider in the western region of Georgia to launch the Western Regional Center Of Modern Medical Technologies.
Equiavlent to buried treasure – resources that are underused in Georgia
For 2018 the IMF Commission has forecast an annual economic growth for the Georgian economy of about 5,5%.
Does the quality of Georgian wine increase and how the export affects it
If we look at the data collected about modern Georgian wine, we will find out that the Georgian wines produced between 2015-2017 are much better in terms of their quality and Oenologic features rather than the wines produced between 2009-2011.
Japan simplifies the visa requirements for Georgian citizens
Diplomatic and economic relations between Georgia and Japan are now moving to a new phase. Recently Japan has decided to simplify the visa requirements for Georgian citizens.
M&S (Marks and Spencer) and H&M collections to be produced in Georgia
Garments manufacturer MGMTEX will start production of the M&S and H&M trendy collections from this September.
The World Digital Mining Summit to be held in Georgia
The summit is scheduled to take place between 21st-23rd September in the Hualing Hotel, Tbilisi, Georgia.
Galt and Taggart - Tourism Boom Continues in Georgia
Tourism has become one of the key drivers for the Georgian economy. Galt and Taggart has recently published research about the Georgian tourism sector in the first half of 2018.
"The worst dream for Putin is that Russians want to live in Georgia"
This year, visitors to the Adjara region would notice that there is a boom in construction in and around Batumi.
Underground gas storage facility to be built in Georgia
KfW, a German government-owned development bank signed a EUR 150 million promotional loan with the state-owned Georgian Oil and Gas Corporation (GOGC) for the construction of the first underground gas storage facility in Georgia.
New gambling rules for Georgia
Georgian lawmakers are preparing a new draft law relating to online-casinos and gambling that will seek to curb gambling addiction in Georgia.
How expensive is it to visit Georgia?
The Georgian Lari (GEL) is the official currency of Georgia and is the only legal means of payment in the entire territory of Georgia.
Trade with the EU and the Commonwealth of Independent States (CIS) has grown significantly
Trade with the EU and the CIS has grown by 26% and 33.5 % respectively, says GeoStat, the Georgian National Statistics Office.
The unemployment rate decreases in Georgia
The unemployment rate decreased in Georgia by 1,9% and amounted to 12.1% in the 2nd quarter of 2018 compared with the previous quarter,
Memorandum of Understanding to be signed between Georgia and Malaysia
According to the Georgian Ambassador to Malaysia Nikoloz Apkhazava, Georgia plans to sign a Memorandum of Understanding (MoU) with Malaysia.
“Blauenstein Georgia” due to expand in Georgia
“Blauenstein Georgia” is planning to open more shops in Georgia. It is an agriculture company that sells meat products, meat and convenience food.
The amount of Direct Foreign Investment rises in Georgia
According to the information of the National Statistics Office of Georgia, the amount of direct foreign investment in Georgia has risen
It’s going to get  harder for foreigners to get residence permit in Georgia
It’s going to get harder for foreigners to get permit of residence in Georgia.
Mziuri Park in Tbilisi to be renovated soon
It was the dream of prominent Georgian writer Nodar Dumbadze that when the original Mziuri park was constructed and opened in 1892 that it should be a park for children,
PHOTO OF THE DAY
Exchange Rates
GEL Exchange Rate
Convertor
16.11.2018
17.11.2018
USD
1
USD
2.6818
2.6727
EUR
1
EUR
3.0299
3.0268
GBP
1
GBP
3.4332
3.4240
RUB
100
RUB
4.0185
4.0447
Other Stories
Recently Toyota rolled out Global Campaign under this slogan that reflects the Olympic and Paralympic Spirit of Encouragement,
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
GEL Exchange
USD
1
USD
2.6727
EUR
1
EUR
3.0268
GBP
1
GBP
3.4240
RUB
100
RUB
4.0447
November 2018
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30