Georgia: Preparing Energy Storage and Green Hydrogen Sector Development Program

Sovereign Project | 54448-002

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

  • Project Officer
    Tareen, Adnan
    Central and West Asia Department
    Request for information
  • Country/Economy
    Georgia
  • Sector
    • Energy
Project Name Preparing Energy Storage and Green Hydrogen Sector Development Program
Project Number 54448-002
Country / Economy Georgia
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6966-GEO: Preparing Energy Storage and Green Hydrogen Sector Development Program
Technical Assistance Special Fund US$ 775,000.00
Clean Energy Fund under the Clean Energy Financing Partnership Facility US$ 500,000.00
Republic of Korea e-Asia and Knowledge Partnership Fund US$ 500,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Energy / Electricity transmission and distribution - Energy sector development and institutional reform

Gender Equity and Mainstreaming 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.

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
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
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 0.00

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.

The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.


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.


The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.

Tenders

Tender Title Type Status Posting Date Deadline
Energy Sector Expert (International) Individual - Consulting Closed 01 Nov 2022 07 Nov 2022
TRTA Consultant Firm - Consulting Closed 08 Sep 2022 29 Sep 2022
Project Coordinator Individual - Consulting Closed 01 Sep 2022 07 Sep 2022

Contracts Awarded

No contracts awarded for this project were found


Procurement Plan

None currently available.