August 2018 | Electricity Market Review
03 September 2018

In August 2018, Georgian power plants generated 985 mln. KWh of electricity. This represents a 5% decrease in total generation, compared to the previous year (in 2017, total generation in August was 1,034 mln. kWh). The decrease in generation on a yearly basis mainly comes from a decrease in hydropower and wind power generation (more details in the report below).

On a monthly basis, generation decreased by 22% (in July 2018, total generation was 1,268 mln. kWh).

The share of electricity produced by renewable sources decreased to 85% of total generation (835 mln kWh), while thermal power generation increased in comparison to July 2018, accounting for 15% of total generation (150 mln. kWh).

Consumption of electricity on the local market was 1,049 mln. kWh (+1% compared to August 2017, and -4% with respect to July 2018). In August 2018, total consumption exceeded generation by 64 mln, which is 6% of total consumption and 7% of the amount generated (compared to 175 mln kWh and 14% excess in total generation for July 2018).