August 2019 | Electricity Market Review
02 September 2019

In August 2019, Georgian power plants generated 1,020 mln. kWh of electricity. This represents a 3.6% increase in total generation, compared to the previous year (in August 2018, the total generation was 985 mln. kWh). The increase in generation on a yearly basis comes from the increase in wind (+9%) and hydro power generation (+6%), more than offsetting the decrease in thermal power generation (-8%).

On a monthly basis, generation decreased by 3% (in July 2019, total generation was 1,055 mln. kWh). The monthly decrease in total generation was the result of a decrease in electricity produced by wind power plants (-7% with respect to July 2019) and hydropower plants (-16% with respect to July 2019) more than offsetting a substantial increase in thermal power generations (more than 40-times increase compared to July 2019).

The consumption of electricity on the local market was 1,104 mln. kWh (+5% and -0.5% compared to August 2018, and July 2019, respectively) (Figure 1). In August 2019, the total consumption exceeded the total generation by 84 mln kWh which is around 8% of total generation (In contrast in August 2018 difference between total generation and consumption resulted in a deficit which was around 7% of the total generation for the month).