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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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January 2022 | Electricity Market Review
28 February 2022

In January 2022, Georgian power plants generated 1025 mln. kWh of electricity (Figure 1). This represents a 27% increase in total generation, compared to the previous year (in January 2021, the total generation was 808 mln. kWh). The increase in generation on a yearly basis comes from the increase of 11%, 49%, and 30% in hydropower, thermal, and wind power generation, respectively.

December 2021 | Electricity Market Review – Annual
04 February 2022

In 2021, Georgian power plants generated 12,645 mln. kWh of electricity. This represents a 13% increase in total generation compared to the previous year (in 2020, total generation was 11,160 mln. kWh). The increase in generation on a yearly basis came from the increase in hydropower generation (23%), which more than offset the decrease in thermal power (-16%), and wind power generation (-8%).

December 2021 | Electricity Market Review
24 January 2022

In December 2021, Georgian power plants generated 1193 mln. kWh of electricity. This represents a 28% increase in total generation, compared to the previous year (in December 2020, the total generation was 930 mln. kWh). The increase in generation on a yearly basis comes from the increase of 55% and 4% in hydro power, and thermal power generation, respectively. Meanwhile, there was a 29% decrease in wind power generation.

November 2021 | Electricity Market Review
27 December 2021

In November 2021, Georgian power plants generated 1186 mln. kWh of electricity (Figure 1). This represents a 37% increase in total generation, compared to the previous year (in November 2020, the total generation was 865 mln. kWh). The increase in generation on a yearly basis comes from the increase of 44% and 27% in hydro power, and thermal power generation, respectively.

October 2021 | Electricity Market Review
26 November 2021

In October 2021, Georgian power plants generated 1192 mln. kWh of electricity. This represents a 40% increase in total generation, compared to the previous year (in October 2020, the total generation was 852 mln. kWh). The increase in generation on a yearly basis comes from the increase of 104% and 43% in hydropower, and wind power generation, respectively.

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