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June 2023 | Electricity Market Review
27 July 2023

In June 2023, Georgian power plants generated 1,369 mln. kWh of electricity (Figure 1). This represents an 8% decrease in the total generation compared to the previous year (in June 2022, the total generation was 1,485 mln. kWh). The decrease in generation on a yearly basis comes from a fall of 8% in Hydro and 9% in wind and 46% in thermal power generation.

February 2022 | Electricity Market Review
30 March 2022

In February 2022, Georgian power plants generated 890 mln. kWh of electricity (Figure 1). This represents a 29% increase in total generation, compared to the previous year (in February 2021, the total generation was 692 mln. kWh). The increase in generation on a yearly basis comes from the increase of 34% and 24% in thermal and hydropower generation, respectively, more than offsetting the 7% decline in wind power generation.

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%).

Do We Need to Worry About the Generation Deficit in the Electricity Market? And What Can Be Done About It?
01 February 2019

Looking at annual consumption and generation trends, from 2012-2016, it is clear that generation typically exceeded consumption. Consequently, the generation-consumption gap remained positive. However, in 2017 this trend reverted, and the electricity generated by local resources on the Georgian market was no longer enough to supply the local demand. As shown in Figure 1, the gap widened even further in 2018; with the negative gap increasing by 30% (from 344 mln. kWh in 2017 to 447 mln. kWh in 2018).

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