May 2018 | Electricity Market Review
31 May 2018

In May 2018, Georgian power plants generated 1,161 mln. KWh of electricity. This represents a 6% increase in total generation, compared to the previous year (in 2017, total generation in May was 1,093 mln. kWh). The increase in generation on a yearly basis mainly comes from an increase in hydropower generation (more details in the report).

On a monthly basis, generation increased by 9% (in April 2018, total generation was 1,064 mln. kWh).

The share of electricity produced by renewable sources decreased to 93% of total generation (1085 mln kWh), while thermal power generation increased in comparison to April 2018, accounting for 7% of total generation (76 mln. kWh).

Consumption of electricity on the local market was 963 mln. kWh (+12% compared to May 2017, and -2% with respect to April 2018). In May 2018, generation exceeded total consumption by 198 mln, which is 17% of the total  amount generated (compared to 83 mln kWh and 8% excess in total generation for April 2018).

Among the different sources of electricity, hydropower became even more dominant. Specifically, in May 2018, hydropower (HPP) generation amounted to 1,079 mln. kWh (93% of total); wind power (WPP) was 5 mln. kWh (1% of total), and thermal power (TPP) was 76 mln. kWh (7% of total) (Figure 2). Among hydropower generators, large (regulatory) HPPs produced 56% (603 mln. kWh) of electricity, while seasonal and small HPPs produced 36% (392 mln. kWh) and 8% (84 mln. kWh), respectively.