ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Mariam Tsulukidze has not set their biography yet
Nov
05

Is Russia Back as the Main Foreign Provider of Electricity to the Georgian Market?

After a generation deficit of August, Georgia continues to exhibit a decreasing trend in power generation; compared to August, total electricity generation has decreased by 14% in September 2018. Georgian power plants generated 849 mln. kWh of electricity, while consumption of electricity on the local market was 955 mln. kWh. It should be noted that compared to August, electricity consumption has decreased by 9%.Even though consumption decreased substantially during the month of September, Georgia had to import electricity from foreign power markets. Ove...
Rate this blog entry:
Continue reading
91
0 Comments
Write a Comment
Oct
29

What If You and Your Neighbor Could Share a Micro Power Plant to Produce Your Own Electricity (and Help the Country in the Process)?

Have you ever thought how Tbilisi would look if the existing old Soviet Union era multi-story buildings were renovated and equipped with rooftop solar panels? There are several good reasons why this might be happening in the future, and why the government of Georgia might want to encourage this development. On average, over the last year 84% of Georgia’s electricity generation was provided by hydropower plants. However, hydro resources depend crucially on weather patterns. In our previous blog we documented how a change in weather patterns led to a recor...
Tags:
Rate this blog entry:
Continue reading
83
0 Comments
Write a Comment
Oct
01

Georgia Becomes a Net Importer of Electricity Even During the Summer Period

  In August 2018, Georgian power plants generated 985 mln. KWh of electricity (a 5% decrease in total generation, compared to the previous year and a 22% decrease with respect to July 2018), while consumption of electricity on the local market was 1,049 mln. kWh (+1% compared to August 2017, and -4% with respect to July 2018). Consumption to exceed generation by 64 mln, which is 6% of total consumption and 7% of the amount generated. As it can be seen in Figure 1, the emergence of a generation-consumption gap was not totally unexpected. Not only it...
Rate this blog entry:
Continue reading
175
0 Comments
Write a Comment

Our Partners