Indexes
Quarter 3-4, 2022 | Energy Market Review
30
June
2023
In the third and fourth quarters of 2022, Georgian power plants generated 4,193 mln. and 3,359 mln. kWh of electricity, respectively (Figure 1). This represents a +11.4% and -3.5% change in total generation compared to the corresponding periods of the previous year (in 2021, the total generation in Q3 was 3,766 mln. kWh and 3,479 mln. kWh in Q4). On an annual basis, the increase in generation in the third quarter of 2022 was derived from a 36.4%, 18.5%, and 10.1% increase in thermal, wind, and hydropower generation, respectively. The decrease in production in the fourth quarter is related to the 0.8% and 11.3% decrease in wind and hydropower generation, more than offsetting the 23.3% increase in thermal power generation.
In the third and fourth quarters of 2022, electricity consumption on the local market amounted to 3,434 mln. (Q3) and 3,253 mln. kWh (Q4) (+0.6% and -4.6% compared to the third and fourth quarters of 2021, respectively) (Figure 1). Total power generation exceeded consumption by 759 mln.kWh in the third quarter of the year and by 106 mln.kWh in the fourth quarter. In percentage terms, in Q3 there was a generation surplus amounting to 18.1% of total generation and 3.2% of total generation in Q4, respectively. In 2021, total generation exceeded consumption in the third quarter by 351 mln. kWh, around 9.3% of the total generation, and the difference between total generation and consumption resulted in a surplus in the fourth quarter of 69 mln. kWh, around 2% of the total generation.
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Quarter 1-2, 2022 | Energy Market Review
24
October
2022
In the first and the second quarters of 2022, Georgian power plants generated 3,107 mln. and 3,663 mln. kWh of electricity, respectively. This represents a 27.9% and 35.3% increase in total generation compared to the corresponding periods of the previous year (in 2021, the total generation in Q1 was 2,429 mln. kWh and 2,708 mln. kWh in Q2).
Quarter 3-4, 2021 | Energy Market Review
24
May
2022
In the third and the fourth quarters of 2021, Georgian power plants generated 3,766 mln. and 3,479 mln. kWh of electricity, respectively. This represents a 27.3% and 34.1% increase in total generation compared to the corresponding periods of the previous year (in 2020, the total generation in Q3 was 2,958 mln. kWh and 2,594 mln. kWh in Q4).
Quarter 1-2, 2021 | Energy Market Review
24
January
2022
In the first and the second quarters of 2021, Georgian power plants generated 2,429 mln. and 2,708 mln. kWh of electricity, respectively (Figure 1). This represents a 16.0% and 3.2% decrease in total generation compared to the corresponding periods of the previous year (in 2020, the total generation in Q1 was 2,893 mln. kWh and in Q2 it was 2,797 mln. kWh).
Quarter 3-4, 2020 | Energy Market Review
22
June
2021
In the third and the fourth quarters of 2020, Georgian power plants generated 2,958 mln. and 2,594 mln. kWh of electricity, respectively. This represents a 9.6% decrease and 2.4% increase in total generation compared to the corresponding periods of the previous year.
Quarter 1-2, 2020 | Energy Market Review
08
February
2021
In the first and second quarters of 2020, Georgian power plants generated 2,893 mln. and 2,797 mln. kWh of electricity, respectively (Figure 1). This represents a 1.5% and 9.7% decrease in total generation compared to the corresponding periods of the previous year (in 2019, the total generation in Q1 was 2,936 mln. kWh and 3,097 mln. kWh in Q2).
