Indexes
February 2022 | Electricity Market Review
30
March
2022
In February 2022, Georgian power plants generated 890 mln. kWh of electricity (Figure 1). This represents a 29% increase in total generation, compared to the previous year (in February 2021, the total generation was 692 mln. kWh). The increase in generation on a yearly basis comes from the increase of 34% and 24% in thermal and hydropower generation, respectively, more than offsetting the 7% decline in wind power generation.
On a monthly basis, generation decreased by approximately 13% (in January 2022, total generation was 1024 mln. kWh) (Figure 1). The monthly decrease in total generation is induced by a 13%, 14%, and 18% decrease in thermal, hydro, and wind power generation, respectively. February is a significantly shorter month than January, so this decline is not a surprise.
The consumption of electricity on the local market was 1201 mln. kWh (+12% compared to February 2021, and -13% compared to January 2022) (Figure 1). In February 2022, power consumption exceeded generation by 311 mln. kWh which was 35% of total generation (in February 2021 difference between total generation and consumption resulted in a deficit of 377 mln. kWh, around 54% of the total generation for the month).
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February 2024 | Electricity Market Review
25
March
2024
In February 2024, Georgian power plants generated 1,022 mln. kWh of electricity. This represents a 3% increase in the total generation compared to the previous year (in February 2023, the total generation was 987 mln. kWh).
January 2024 | Electricity Market Review
26
February
2024
In January 2024, Georgian power plants generated 1,175 mln. kWh of electricity. This represents a 6% increase in the total generation compared to the previous year (in January 2023, the total generation was 1,111 mln. kWh).
December 2023 | Electricity Market Review – Annual
22
January
2024
In 2023, Georgian power plants generated 14,396 mln. kWh of electricity, record high generation for a single year. This represents a 1% increase in total generation, compared to the previous year (in 2022, total generation was 14,247 mln. kWh). The increase in generation on a yearly basis comes from the increase in hydropower generation (1%) and thermal power (2%), while wind power generation decreased (-2%).
December 2023 | Electricity Market Review
15
January
2024
In December 2023, Georgian power plants generated 1,166 mln. kWh of electricity. This represents a 4% increase in the total generation compared to the previous year (in December 2022, the total generation was 1,116 mln. kWh). The rise in generation on a yearly basis comes from an increase in hydropower generation by 87%, while the generation of thermal and wind power plants decreased by 45% and 16%, respectively.
November 2023 | Electricity Market Review
29
December
2023
In November 2023, Georgian power plants generated 1,003 mln. kWh of electricity (Figure 1). This represents an 11% decrease in the total generation compared to the previous year (in November 2022, the total generation was 1,131 mln. kWh). The fall in the generation on a yearly basis comes from a decrease in thermal and wind power generation by 27%, and 13%, respectively, while the generation of hydropower plants increased by 1%.
