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.
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.
25
October
2021
In September 2021, Georgian power plants generated 1101 mln. kWh of electricity. This represents a 26% increase in total generation, compared to the previous year (in September 2020, the total generation was 877 mln. kWh). The increase in generation on a yearly basis comes from the increase of 49% in hydro power generation. Meanwhile, there was a 37% and 15% decrease in thermal power and wind power generation, respectively.
18
October
2021
In the past year and a half since the pandemic began, we’ve all become familiar with phrases such as “supply chain disruption,” “turbulence and volatility in international markets,” and “in these unprecedented times,” often used to preface news about pandemic-related food price increases across the globe.
11
October
2021
The global economy continues to recover in Q2 2021 following the deep economic crisis caused by the COVID-19 pandemic in 2020. The growth accelerated as a result of the easing of virus-containment restrictions in most countries. IMF (July 2021) estimates that global GDP growth will reach 6% year over year (y/y) in 2021. Though this rebound is uneven – compared to the previous estimates (April 2021), growth projections for emerging markets and developing economies are revised downward.
