Analysis of the layout of georgia s energy storage industry

What are some gas supply alternatives Georgia is considering?

According to the draft National Energy Policy, the government is planning to improve Georgia’s energy security by 2030 by: Diversifying external energy supply sources, including gas supply alternatives (i.e. LPG, LNG and CNG swapping options). Reducing import dependency through energy efficiency and renewable energy development.

What is the growth rate of industrial energy storage?

The majority of the growth is due to forklifts (8% CAGR). UPS and data centers show moderate growth (4% CAGR) and telecom backup battery demand shows the lowest growth level (2% CAGR) through 2030. Figure 8. Projected global industrial energy storage deployments by application

What is Georgia's estimated minimum strategic reserve for gas?

The government estimates that Georgia’s minimum strategic reserve for gas should be 120 mcm. The Law on the State of Emergency (2005) defines and regulates emergency response, but Georgia has no declared strategy for emergency stockholding or fuel switching mechanisms for energy supply disruptions.

Does Georgia have a strategy for energy supply disruptions?

Georgia has no declared strategy for managing energy supply disruptions, such as emergency stockholding or fuel switching mechanisms. While the Law on the State of Emergency (2005) defines and regulates emergency response, the government is considering various storage options for gas, estimating that Georgia’s minimum strategic reserve should be 120 mcm.

What is the total capacity of Georgia's thermal power plants?

Georgia has five operational thermal power plants with a total capacity of 865 MW. These include Mtkvari Energy (300 MW); two units at Tbilsresi (270 MW); G-Power gas turbine station (110 MW); and the Gardabani 1 and 2 combined-cycle plants (230 MW and 255 MW).

Who owns the electricity distribution in Georgia?

In Georgia, Telasi JSC owns 75% of the electricity distribution, with Silk Road Holdings BV (ultimately Russia’s Inter RAO) as the majority shareholder. The remaining 25% is owned by Best Energy Group LLC. Electricity generators in Georgia are regulated, partially regulated, or deregulated.