This article continues the theme of ISET Economist blog “Decriminalize Marijuana?” written by my colleague Saba Devdariani in June 2015, where he described the philosophical aspects related to marijuana state regulations and medical consequences of its consumption.

On October 2, 2018, Georgian Water and Power (GWP) opened a new hydropower dam in Bodorna (Dusheti region). The construction of the new dam started in December 2017, with the support of the Entrepreneurial Development Bank (FMO) and the German Investment and Development Bank (DEG), for a total investment of 10 million GEL.

On Monday, October 8, during his visit to Georgia, ISET hosted Dr. David Tsirekidze, the Principal Consultant at Edgeworth Economics (Washington, DC), Ph.D. in Economics from Stanford University, and an ISET graduate of 2011. He gave a presentation entitled “Success and Motivation”.

In September 2018, Georgian power plants generated 849 mln. KWh of electricity. This represents a 3% increase in total generation, compared to the previous year (in 2017, total generation in September was 820 mln. kWh). The increase in generation on a yearly basis comes from an increase in wind power (+18%) and thermal power generation (+50%), more than offsetting the decline in HPP generation (-4%).

In August 2018, Georgian power plants generated 985 mln. KWh of electricity (a 5% decrease in total generation, compared to the previous year and a 22% decrease with respect to July 2018), while consumption of electricity on the local market was 1,049 mln. kWh (+1% compared to August 2017, and -4% with respect to July 2018).