February 2018 | Electricity Market Review
28 February 2018

In February 2018, Georgian power plants generated 934 mln. KWh of electricity. This corresponds to a 15% increase in total generation, compared to the previous year (in 2017, total generation in January was 809.2 mln. kWh). The increase in generation on a yearly basis comes from an increase in wind and hydro power generation (more details in the report).

On a monthly basis, generation decreased by 8% in January 2018 (total generation was 1,014 mln. kWh).

The share of electricity produced by renewable sources decreased marginally to 64% of total generation (600 mln kWh), while that of thermal power generation increased in comparison to January 2018, accounting for 36% of total generation (334 mln. kWh).

Consumption of electricity on the local market was 1,060 mln. kWh (+5% compared to February 2017, and -9% with respect to January 2018). The gap between consumption and generation decreased to 126 mln. kWh - 13% of the amount generated in February 2018 (compared to 156 mln kWh and 15% of total generation in January 2018).