Georgia outlines energy reforms and EU integration goals at Energy Community forum in Brussels

The First Deputy Chair of the Parliament’s Committee on Economic Policy, Irakli Mezurnishvili, has addressed the Parliamentary Plenum of the Energy Community in Brussels, highlighting Georgia’s strategic priorities in the energy sector and its ongoing alignment with European standards.

Mezurnishvili said the energy sector remains a strategic pillar of Georgia’s economy, directly underpinning all other industries, and stressed that energy price, quality, and supply stability are key determinants of economic competitiveness.

He noted that Georgia has made significant progress in recent years in strengthening energy security and developing a more resilient system, while ongoing reforms aim to deepen regional cooperation, enhance energy security, and support the transition to green energy.

The MP reiterated that the Parliament’s Economic Policy Committee is working to ensure full implementation of obligations under the EU Association Agreement and the adoption of European energy legislation.

According to Mezurnishvili, Georgia’s energy policy is focused on ensuring reliable, continuous, and affordable energy supply for households and businesses. He said investments in both domestic and cross-border infrastructure have significantly improved supply security and supported regional electricity trade.

He also provided data showing that electricity generation in Georgia has increased on average by 2.7% annually between 2016 and 2025, while consumption reached 14.3 billion kWh in 2025. Imports fell sharply, while exports also declined, and installed capacity reached 4,752 MW, with hydropower dominating the mix.

Mezurnishvili added that renewable energy already accounts for 20.2% of total generation, with plans to increase this share to 27.4% by 2030 through the development of hydropower, wind, and solar projects.

He said legislative amendments are being prepared to support the full functioning of the renewable energy market in line with EU and Energy Community rules. These include updates to the law on the promotion of renewable energy production and use.

The MP also noted that a transitional model for day-ahead and intraday electricity trading was introduced on 1 July 2024, with full market liberalisation expected by 2027. Additional reforms include transmission system operator unbundling and changes to net metering schemes.

Mezurnishvili highlighted the strategic importance of the Black Sea submarine electricity cable project, valued at approximately €3.5 billion, which is expected to connect Georgia directly to the European energy system by 2030. He said the project would enable Georgia to strengthen its position as a regional energy hub and expand export potential.