On October 3, PMC Research Center (PMC RC) together with the Konrad Adenauer Foundation organized the presentation and public discussion on two research findings and corresponding recommendations on the following issues: Effects of Clean Investment; Possible Challenges of Harmonization of Georgian Legislation with the Acquis Communautaire of the European Union in the Energy Sector. The researches were conducted in the framework of the project Policy Research for Sustainable Economic Development, which is developed by PMC Research Center, with the support of the Konrad Adenauer Foundation.
The study of Effects of Clean Investment analyzes the effects of anticipated investments in renewable energy sources. More specifically, it examines the possible impacts of the development of clean energy sources on the country’s energy dependence, natural gases and employment level. The topic was presented by Ivane Pirveli, the Founder of the Association of Young Professionals in Energy of Georgia. The presentation covered the issues of the current situation in Georgia in terms of regulations and assimilation of clean energy, international practices to encourage investments in clean energy, the trade facilitation mechanisms of renewable energy, as well as the prospects of introducing these mechanisms in Georgia.
Another topic – the Possible Challenges of Harmonization of Georgian Legislation with the Acquis Communautaire of the European Union in Energy Sector – was presented by Nikoloz Sumbadze, Vice President at Association of Young Professionals in Energy of Georgia. The research provided a comparative analysis of EU and Georgian energy legislation and the related challenges in electricity, natural gas, energy efficiency and renewable energy fields.
Current trends in the Georgian energy sector, as well as the possible effects of harmonization of Georgian legislation with the EU energy legislation, were discussed during the event.