Tbilisi: First Deputy Minister of Economy and Sustainable Development of Georgia, Romeo Mikautadze, attended the Energy Policy Forum. While speaking at the event, the Georgian Deputy Minister thanked USAID’s Energy Future Security Program representatives and noted that the organization has made a great contribution toward the development of Georgia’s energy sector and promoting energy security in the country.
As the First Deputy Minister of Economy noted, “The security of energy is an essential prerequisite for economic growth and development, and to achieve it becomes really important to diversify the energy sources, increase energy efficiency, investment in renewable energy and development of new energy technologies for the development of the country”.
According to him, the Georgian energy sector has made significant progress in terms of the security of energy supply and sustainable energy system over the past few decades. The Deputy Minister also highlighted the ongoing reforms in the sector aim to further strengthen its efficiency, competitiveness and security of supply by the means of implementation of the EU energy legislation.
The Deputy Minister also noted that, in order to get closer to the EU and develop the state’s energy sector, the Ministry of Economy and Sustainable Development, on the basis of the Law on Energy and Water, has prepared a 10-year energy policy document of the state. This document envisages to unite the state’s Security of Energy and Energy Supply Security, Principles of energetic activity development and other important issues.
