Agency Name: | Ministry of Energy of Georgia |
Nativename: | საქართველოს ენერგეტიკის სამინისტრო |
Seal: | Greater coat of arms of Georgia.svg |
Formed: | 1991 |
Dissolved: | 2017 |
Headquarters: | Baratashvili 2, Tbilisi, Georgia 0105 |
Budget: | ₾135 million (2015)[1] |
Chief1 Name: | Elia Eloshvili |
Chief1 Position: | Minister of Energy |
Website: | www.minenergy.gov.ge |
The Ministry of Energy of Georgia (Georgian: საქართველოს ენერგეტიკის სამინისტრო, sakartvelos energetikis saministro) was a governmental agency within the Cabinet of Georgia in charge of regulating the activities in the energy sector of Georgia from 1991 to 2017.[2]
The ministry is headed by minister appointed by the President of Georgia. Five deputy ministers report directly to the minister. Main functions of the ministry are increasing capabilities for maximum exploitation of the available energy resources in the country and diversification of energy supply imported from other countries; improving and modernizing electricity supply by enhancing the hydropower capacity of Georgia; renovation of existing and construction of new power stations and natural gas transportation infrastructure; development of alternative energy sources; improvements of infrastructure for making the country a reliable transit point for regional energy projects, etc.[3]
Due to improvements in recent years, Georgia has become a major exporter of electricity in the region, exporting 1.3 billion KWh in 2010. Hydropower stations of Georgia produce 80-85% of the electricity utilized within the country, the remaining 15-20% is produced by thermal power stations. According to the authorities, so far Georgia has been exploiting only 18% of its hydro resource potential.[4]