July 2021 | Electricity Market Review

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31 August 2021

In July 2021, Georgian power plants generated 1240 mln. kWh of electricity. This represents a 23% increase in total generation, compared to the previous year (in July 2020, the total generation was 1010 mln. kWh). The increase in generation on a yearly basis comes from the increase of 29% in hydropower generation, while there was a decrease of 91% and 11% in thermal power and wind power generation, respectively

On a monthly basis, generation decreased by approximately 6% (in June 2021, total generation was 1323 mln. kWh) (Figure 1). The monthly decrease in total generation is mostly caused by a reduction in hydropower generation by 6% compared to June 2021, as well as the decrease of 15% in wind power generation. There was a 122% increase in thermal power generation in July 2021 compared to June.

The consumption of electricity on the local market was 1,161 mln. kWh (+21% and +6% compared to July 2020, and June 2021, respectively) (Figure 1). In July 2021, power generation exceeded consumption by 79 mln. kWh which was 6% of total generation (in July 2020 difference between total generation and consumption resulted in a surplus of 51 mln. kWh, around 5% of the total generation for the month).

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