POLICY OF ENERGY SECURITY AND CREATION OF ENERGY HUBS

Abstract

The article introduces energy security policy as a new functional direction of Europe, including Georgia. The prospects of designing and implementing the energy hub policy in Georgia in accordance with the requirements of the European Union are analyzed.
The Russia-Ukraine war and the sanctions imposed on Russia raise the issue of European energy security and the search for new alternative routes, as the problems of transit of energy resources in the practice of EU energy diplomacy are increasingly aggravated. So far, the European Union has focused on creating energy security and national hubs in many directions, including Georgia as the hub of the South Caucasus and Caspian regions.
Due to its geographic position, Georgia today has a chance to become an electric power center. For this purpose, the country should use the advantages of the transit country. It is to become a power transformer and transit country. The functioning of the Transcaucasian power node of Georgia will be significantly strengthened by the implementation of the project of the high-voltage transmission network at the bottom of the Black Sea. Based on the research, recommendations have been developed for short and long term periods.