Georgia's energy independence continues to decline, and without the urgent launch of new projects, the situation will only worsen. This was stated by Giorgi Mirtskhulava, managing partner of Bemon. According to him, in the absence of new generating capacities, the country will be forced to cover the growing electricity deficit annually through imports from Armenia, Azerbaijan, Turkey and Russia.

The expert draws attention to the fact that energy projects are being implemented at a high pace in neighboring countries, while Georgia is noticeably lagging behind. Hydroelectric power plants are being actively built in the region, and wind and solar power plants are being put into operation, which allows neighbors to strengthen their own energy sustainability. Against this background, the Georgian market looks less and less competitive and more and more dependent on external supplies.

According to Mirtskhulava, 2026 should be a turning point for the sector. The only real way to change the situation is the accelerated development of hydropower, wind and solar generation. If this year is missed as well, the country risks not only increasing electricity imports, but also becoming entrenched in the role of catching up for a long time, losing time and opportunities that neighbors are already actively using.