“We believe that Georgia’s initiatives such as the Black Sea Submarine Electricity Cable and the fibre-optic cable, as well as the intensified ferry-feeder services in the Black Sea can offer effective solutions to energy independence and security,” said Georgian Prime Minister Irakli Kobakhidze at the roundtable discussion on Energy: Advancing Climate Mitigation Action within the framework of the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan.

According to the PM, establishing a robust grid connection through the Black Sea Submarine Electric Cable will allow involved countries to share resources, balance supply and demand, and enhance energy resilience.

“The flagship initiatives such as Black Sea submarine electricity cable and fibre-optic cable, the Black Sea ferry-feeder services can become a game-changer in the area of connectivity, and we are resolved to accelerate the implementation of these initiatives. This project will facilitate the transfer of renewable energy between South Caucasus Countries to EU, reducing dependency on single energy sources and diversifying the energy mix. Establishing a robust grid connection through this cable will allow involved countries to share resources, balance supply and demand, and enhance energy resilience.

We believe that Georgia’s initiatives such as the Black Sea Submarine Electricity Cable and the fibre-optic cable, as well as the intensified ferry-feeder services in the Black Sea can offer effective solutions to energy independence and security, food security and reliable alternative transportation routes, especially in current heavy geopolitical environment,” he said.