November 2017 | Electricity Market Review
30 November 2017

In November 2017, Georgian power plants generated 968 mln. KWh of electricity. This corresponds to a 3% decrease in total generation, compared to the previous year (in 2017, total generation in November was 998 mln. kWh). The decline in generation on a yearly basis comes from a decline in thermal power generation (more details below).

On a monthly basis, generation increased by 17% in October 2017 (total generation was 828 mln. kWh).

Following the traditional seasonal pattern, the share of electricity produced by renewable sources declined to 69% of total generation (663 mln kWh), while that of thermal power generation increased, accounting for 31% of total generation (304 mln. kWh).

Consumption of electricity on the local market was 1,034 mln. kWh (+7% compared to November 2016, and +9% with respect to October 2017). The gap between consumption and generation decreased to 66 mln. kWh - 7% of the amount generated in November 2017 (compared to 121 mln kWh and 15% of total generation in October).