Georgia Steps into the Forefront of Green Hydrogen Development with Germany's Support
As a member of the European Energy Union, Georgia is making strides in the development of "green hydrogen" technology, heralding an era of renewable energy in the country. Romeo Mikautadze, the First Deputy Minister of Economy and Sustainable Development, announced the country's engagement in the green hydrogen project at an agreement signing in Berlin, Germany's capital.
The agreement, part of the German-Georgian intergovernmental negotiations on development, calls for an allocation of €1.3 million towards the development of green hydrogen consumption and related preparatory actions. The signing was attended by Giorgi Chikovani, General Director of the Georgian Oil and Gas Corporation, and Bodo Schmüling, Director of the Energy Sector at the German Reconstruction Credit Bank (KfW).
"We're not just exploring the possibility of adopting this technological breakthrough and learning from successful models, but we're also kicking off a pilot project," Mikautadze explained. "I want to extend our gratitude to the German government for their assistance in promoting green hydrogen usage."
The agreement outlines the preliminary work for implementing the "green hydrogen" technology. This involves conducting a technical-economic feasibility study, generating design plans, preparing environmental impact reports, and putting forward relevant legislative initiatives.
A decision was made to jointly develop a green hydrogen pilot plant and its full value chain, demonstrating the commitment of both parties to ensure comprehensive development in this renewable energy sector.
The move signifies Georgia's intent to integrate sustainable and innovative energy solutions into its energy mix, which, along with global efforts, contribute to the broader fight against climate change.