October 2020 | Electricity Market Review
30 November 2020

In October 2020, Georgian power plants generated 852 mln. kWh of electricity. This represents a 6% increase in total generation, compared to the previous year (in October 2019, the total generation was 800 mln. kWh). The increase in generation on a yearly basis comes from the increase of 17% in wind power generation and 71% in thermal power generation, more than offsetting the decrease of 17% in hydropower generation.

On a monthly basis, generation decreased by 3% (in September 2020, total generation was 877 mln. kWh). The monthly decrease in total generation was the result of the decrease of 24%, and 19% in hydro and wind power generation, respectively, while there was an increase of 56% in thermal power generation.

The consumption of electricity on the local market was 935 mln. kWh (-2% and +0.3% compared to October 2019, and September 2020, respectively). In October 2020, power consumption exceeded generation by 84 mln. kWh which was 10% of total generation. In October 2019 difference between total generation and consumption resulted in a shortage of 159 mln. kWh which was around 20% of the total generation for the month.