Georgia : Preparing Energy Storage and Green Hydrogen Sector Development Program
The proposed sector development program, through investment and policy support, will help strengthen the security of Georgia's electricity grid, improve the regulatory framework, and pave the way for greater private sector participation in the development of renewable energy including wind, solar, and green hydrogen. The program will be aligned with the following impacts: (i) financial sustainability and performance of energy sector improved ; and (ii) greenhouse gas emissions in the energy generation and transmission sector reduced by 15% below the reference scenario projection by 2030 . The expected outcome is energy security enhanced. The proposed program will help the government enhance energy security through three outputs: (i) policy and regulatory framework to allow sustainable battery energy storage system (BESS) deployment approved; ii) policy, strategy, and regulatory framework to encourage development of green hydrogen with private sector participation developed; and iii) BESS installed.
Project Details
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Project Officer
Tareen, Adnan
Central and West Asia Department
Request for information -
Country/Economy
Georgia -
Sector
- Energy
Related Projects
| Project Name | Preparing Energy Storage and Green Hydrogen Sector Development Program | ||||||||
| Project Number | 54448-002 | ||||||||
| Country / Economy | Georgia |
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| Project Status | Active | ||||||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| Operational Priorities | OP2: Accelerating progress in gender equality OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability OP6: Strengthening governance and institutional capacity |
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| Sector / Subsector | Energy / Electricity transmission and distribution - Energy sector development and institutional reform |
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| Gender | Some gender elements | ||||||||
| Description | The proposed sector development program, through investment and policy support, will help strengthen the security of Georgia's electricity grid, improve the regulatory framework, and pave the way for greater private sector participation in the development of renewable energy including wind, solar, and green hydrogen. The program will be aligned with the following impacts: (i) financial sustainability and performance of energy sector improved ; and (ii) greenhouse gas emissions in the energy generation and transmission sector reduced by 15% below the reference scenario projection by 2030 . The expected outcome is energy security enhanced. The proposed program will help the government enhance energy security through three outputs: (i) policy and regulatory framework to allow sustainable battery energy storage system (BESS) deployment approved; ii) policy, strategy, and regulatory framework to encourage development of green hydrogen with private sector participation developed; and iii) BESS installed. The program is estimated to cost $175 million and comprises (i) a two-tranche, stand-alone policy-based loan of $30 million (each tranche $15 million); and ii) a project loan of $45 million. The project loan component will require cofinancing of $90 million and government counterpart financing of $10 million. |
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| Project Rationale and Linkage to Country/Regional Strategy | The transaction technical assistance (TA) will help the government prepare the project, design the reform component of the program, and develop stakeholders' capacity to implement the ensuing project. The TA has been designed based on lessons from a previous Asian Development Bank (ADB) transactional TA project. That TA helped deliver a successful program by supporting international experts to draft key documents, structure reforms, and build the capacity of the implementing agency. A similar structure, with additional features to support program requirements, has been built into the design of this TA. | ||||||||
| Impact | |||||||||
| Project Outcome | |
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| Description of Outcome | |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Nation-wide |
| Summary of Environmental and Social Aspects | |
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| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | |
| Responsible ADB Officer | Tareen, Adnan |
| Responsible ADB Department | Central and West Asia Department |
| Responsible ADB Division | Energy Division, CWRD |
| Executing Agencies |
Asian Development Bank Ministry of Economy and Sustainable Development of Georgia |
| Timetable | |
|---|---|
| Concept Clearance | - |
| Fact Finding | - |
| MRM | - |
| Approval | 04 Oct 2022 |
| Last Review Mission | - |
| Last PDS Update | 12 Oct 2022 |
TA 6966-GEO
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 04 Oct 2022 | 28 Oct 2022 | 28 Oct 2022 | 31 Dec 2024 | - | - |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 775,000.00 | 1,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,775,000.00 | 28 Oct 2022 | 110,459.18 |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
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| Title | Document Type | Document Date |
|---|---|---|
| Preparing Energy Storage and Green Hydrogen Sector Development Program: Technical Assistance Report | Technical Assistance Reports | Oct 2022 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
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Tenders
| Tender Title | Type | Status | Posting Date | Deadline |
|---|---|---|---|---|
| International Climate Change Expert | Individual - Consulting | Closed | ||
| Energy Sector Expert (International) | Individual - Consulting | Closed | ||
| TRTA Consultant | Firm - Consulting | Closed | ||
| Project Coordinator | Individual - Consulting | Closed |
Contracts Awarded
Procurement Plan
None currently available.