February 2020 | Electricity Market Review
23 March 2020

In February 2020, Georgian power plants generated 851 mln. kWh of electricity. This represents a 9% decrease in total generation, compared to the previous year (in February 2019, the total generation was 939 mln. kWh). The decrease in generation on a yearly basis comes from a decrease of 13% in hydro, 9% in wind, and 5% in thermal power generation.

On a monthly basis, generation decreased by 17% (in January 2020, total generation was 1,031 mln. kWh). The monthly decrease in total generation was the result of a decrease of 28% in thermal, 16% in wind, and 5% in hydropower generation.

The consumption of electricity on the local market was 1,124 mln. kWh (+8% and -6% compared to February 2019, and January 2020, respectively) (Figure 1). In February 2020, the total consumption exceeded the total generation by 273 mln. kWh which is around 32% of total generation (in contrast in February 2019 difference between total generation and consumption resulted in a deficit of 98 mln. kWh which was around 10% of the total generation for the month).