Indexes
July 2023 | Electricity Market Review
01
September
2023
In July 2023, Georgian power plants generated 1,541 mln. kWh of electricity. This represents an 18% increase in the total generation compared to the previous year (in July 2022, the total generation was 1,308 mln. kWh). The rise in generation on a yearly basis comes from a rise of 8% in Hydro and 8% in wind and 45 times in thermal power generation.
On a monthly basis, the generation increased by approximately 13% (in June 2023, the total generation was 1,369 mln. kWh) (Figure 1). The monthly rise in total generation is induced by a 3% increase in hydro, a 59% increase in wind, and an increase over 73 times in thermal power generation.
The consumption of electricity on the local market was 1,102 mln. kWh (-4% compared to July 2022, and +12% compared to June 2023) (Figure 1). In July 2023, power generation exceeded consumption by 440 mln. kWh which was 29% of the total generation and 40% of the total consumption (in July 2022, the difference between the total generation and the consumption resulted in a surplus of 161 mln. kWh, around 12% of the total generation and 14% of the total consumption for the month).
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March 2024 | Electricity Marker Review
22
April
2024
In March 2024, Georgian power plants generated 1,130 mln. kWh of electricity. This represents an 11% increase in the total generation compared to the previous year (in March 2023, the total generation was 1,019 mln. kWh). The rise in generation on a yearly basis comes from an increase in the generation of thermal and wind power plants by 90% and 20%, respectively while hydropower plant generation decreased by 10%.
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.
