Measures
Leverage the declining cost of renewables
NEXSTEP has calculated LCOE for Georgia (also see the economic analysis component of the portal) using cost figures available in literature for the region. LCOE component analysis highlights the fact that today renewable electricity generation technologies, e.g., solar photovoltaic (45 $/MWh) and hydro (46 $/MWh), are cheaper than gas-based generation technologies in Georgia.
Group
Scenario