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January 2020 | Electricity Market Review
27 February 2020

In January 2020, Georgian power plants generated 1,031 mln. kWh of electricity. This represents a 2% increase in total generation, compared to the previous year (in January 2019, the total generation was 1,011 mln. kWh). The increase in generation on a yearly basis comes from the increase of 37% in thermal and 36% in wind power generation, more than offsetting the decrease in hydropower generation (-22%).

On a monthly basis, generation increased by 2% (in December 2019, total generation was 1,012 mln. kWh). The monthly increase in total generation was the result of an increase in electricity produced by thermal power plants (+20% with respect to December 2019) and wind power plants (+17% with respect to December 2019) more than offsetting the decrease in hydropower generation (-14% compared to December 2019).

The consumption of electricity on the local market was 1,191 mln. kWh (+3.7% and +1% compared to January 2019, and December 2019, respectively) (Figure 1). In January 2020, the total consumption exceeded the total generation by 161 mln. kWh which is around 16% of total generation (in contrast in January 2019 difference between total generation and consumption resulted in a deficit of 138 mln. kWh which was around 14% of the total generation for the month).

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