December 2019 | Electricity Market Review
29 January 2020

In December 2019, Georgian power plants generated 1,012 mln. kWh of electricity. This represents a 3% increase in total generation, compared to the previous year (in December 2018, the total generation was 986 mln. kWh). The increase in generation on a yearly basis comes from the increase of 67% in thermal and 5% in wind power generation, more than offsetting the decrease in hydro power generation (-23%).

On a monthly basis, generation increased by 11% (in November 2019, total generation was 913 mln. kWh). The monthly increase in total generation was the result of an increase in electricity produced by thermal power plants (+14% with respect to November 2019) and hydro power plants (+8% with respect to November 2019) more than offsetting the decrease in wind power generation (-13% compared to November 2019).

The consumption of electricity on the local market was 1,175 mln. kWh (+0.2% and +10% compared to December 2018, and November 2019, respectively) (Figure 1). In December 2019, the total consumption exceeded the total generation by 164 mln. kWh which is around 16% of total generation (in contrast in December 2018 difference between total generation and consumption resulted in a deficit of 186 mln. kWh which was around 19% of the total generation for the month).