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Electricity Market Review
The electricity sector is one of the milestones of the energy sector of Georgia. It is a sector in expansion. Electricity generation - relying mostly on Hydro Power Plants - has been increasing over the years, although not always at a rate sufficient to match demand increase, driven by rising econom
ic activity, vehicle electrification, and increased blockchain mining activities. Developed in 2017, the Electricity Market Review analyses the main trends and key events in Georgia's electricity market. It also monitors the consequences of all the changes in the electricity sector, including market liberalization and the introduction of incentive schemes for renewable energy.
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December 2022 | Electricity Market Review - Annual
13 February 2023

In 2022, Georgian power plants generated 14,247 mln. kWh of electricity, record high generation for a single year. This represents a 13% increase in total generation, compared to the previous year (in 2021, total generation was 12,645 mln. kWh).

December 2022 | Electricity Market Review
30 January 2023

In December 2022, Georgian power plants generated 1,116 mln. kWh of electricity. This represents a 6% decrease in the total generation compared to the previous year (in December 2021, the total generation was 1,192 mln. kWh). The decrease in the generation on a yearly basis comes from a decline of 39% in hydropower, while wind power and thermal power generation increased by 50% and 38%, respectively.

November 2022 | Electricity Market Review
09 January 2023

In November 2022, Georgian power plants generated 1,131 mln. kWh of electricity. This represents a 5% decrease in the total generation compared to the previous year (in November 2021, the total generation was 1,186 mln. kWh).

October 2022 | Electricity Market Review
05 December 2022

In October 2022, Georgian power plants generated 1,034 mln. kWh of electricity. This represents a 13% decrease in the total generation compared to the previous year (in October 2021, the total generation was 1,192 mln. kWh). The decrease in the generation on a yearly basis comes from a decline of 11%, 17%, and 25% in hydro power, wind power, and thermal power generation, respectively.

September 2022 | Electricity Market Review
14 November 2022

In September 2022, Georgian power plants generated 1,194 mln. kWh of electricity. This represents an 8% increase in the total generation compared to the previous year (in September 2021, the total generation was 1,101 mln. kWh).

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