Georgia to export electricity to Europe via Black Sea subsea cable

Georgia’s Ministry of Economy has been allocated 25 million lari (approximately $9.2 million) to conduct geological research necessary for the construction of a subsea power line along the bottom of the Black Sea, planned for 2026.

According to Caliber.Az, citing Georgian media, the Ministry of Finance of Georgia made the announcement. In the final version of the 2026 state budget, the Ministry of Economy and Sustainable Development is allocated 928.6 million lari (approximately $344.2 million), with 25 million lari specifically earmarked for the Black Sea subsea power cable project.

The project, initiated by Georgia, aims to export electricity from Georgia to Romania. The agreement for laying the cable, which will transmit electricity from Georgia and Azerbaijan to Europe, was signed by the governments of Georgia, Azerbaijan, Romania, and Hungary in December 2022.

This project represents the largest infrastructure initiative connecting the power systems of Georgia and Romania directly, and in a broader sense, linking the South Caucasus with Southeast Europe.

The subsea cable will span over 1,155 kilometres, including 1,115 kilometres underwater and 40 kilometres on land, with a voltage of 525 kV and a capacity of 1,300 MW.

By Tamilla Hasanova