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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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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).

August 2022 | Electricity Market Review
26 September 2022

In August 2022, Georgian power plants generated 1,401 mln. kWh of electricity. This represents a 16% increase in the total generation compared to the previous year (in August 2021, the total generation was 1,203 mln. kWh).

July 2022 | Electricity Market Review
05 September 2022

In July 2022, Georgian power plants generated 1,308 mln. kWh of electricity (Figure 1). This represents a 5% increase in the total generation compared to the previous year (in July 2021, the total generation was 1,240 mln. kWh).

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