2024-08-13
The Black Sea Submarine Cable Project is Both Promising and Technically and Economically Feasible
The Black Sea Submarine Cable Project is both promising and technically and economically feasible, according to a study prepared by the Italian consulting firm CESI. The study was commissioned by JSC Georgian State Electrosystem with support from the Ministry of Economy and Sustainable Development of Georgia and financing from the World Bank. The research was conducted to identify the possibilities and optimal methods for the project’s practical implementation.
The Black Sea Submarine Cable Project envisions the establishment of a high-voltage underwater transmission network to connect the electrical energy systems of Georgia and Europe. The implementation of the project will enhance energy security in Europe and the Caucasus region, promote the development of the renewable energy sector, and expand transit opportunities between these regions.
Within the framework of the techno-economic research, the optimal cable capacities were determined, and the project’s construction cost assessment and economic analysis were conducted. A preliminary route for the land and sea sections of the cable was also determined, along with the development of a project implementation plan and procurement strategy.
During the research process, environmental and social issues along the project route were studied, and environmental and social screening and scoping reports were prepared for both Georgia and Romania. Additionally, a description of the work required for geotechnical, geophysical, ecological, and archaeological studies of the seabed was developed, and the tender technical task document was prepared.
The technical and economic study of the Black Sea Submarine Cable Project has been ongoing since 2022.
According to the order from Georgian State Electrosystem, environmental and social impact studies, as well as seabed studies, will be conducted in 2025-2026.
