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The obsession with hydropower may have obscured other green energy options for Georgia. For one thing, investment in hydro is not happening as fast as could have been expected a few years ago.
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On February 15, 2013, Professor Hans Wiesmeth, vice-president of the Saxon Academy of Sciences, delivered a presentation titled “Integrated Environmental Policies: Supporting the Sustainable Development of Georgia” to the academic community at the National Science Academy of Georgia. The event was initiated and supported by ISET.
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For the first time since 2007 Georgia is a net electricity importer. Last year the total electricity generated declined by 4% and a 1.3% increase in total internal demand was observed.
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Can Georgia stimulate investment in electricity-intensive sectors by providing cheap electricity? To answer this question one has to first analyze the behavior of the wholesale electricity market during the past 3 years.
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The possibility of lowering electricity and gas tariffs has become one of the top discussion topics across the country in the last few weeks.