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The development of alternative energy sources (wind, solar and
geothermal energy) is an objective of Georgia’s State Energy Policy.
This objective is also mentioned in the existing Law on Electricity
and Gas19.
However, no specific targets were defined for the share of energy to
be generated by renewable sources. There were discussions about
drafting a more specific RE law20 in 2008. After the war from August
2008, however, these initiatives seem to have lost momentum.
The Government of Georgia has approved of a Renewable Energy 2008
State Program21, which regulates and supports the construction of
new RE projects in Georgia with a capacity up to 100 MW. The program
is designed to attract foreign investments. The program is largely
focusing on the development of small and medium Hydro Power Plants.
The Tax Code enacted in 2005 does not provide any tax benefits for
the production, use, import and implementation of equipment for the
production of RE or power saving equipment.
There are a number of relevant international documents for the
development of RE sources in Georgia. These include the Energy
Charter Treaty, the Framework Convention on Climate Change and the
Kyoto Protocol, the Energy Community Treaty, the European
Neighborhood Policy and others.
For further details, please visit
following link:
http://www.gtz.de/de/dokumente/gtz2009-en-regionalreport-georgia.pdf
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