In March 2020, Georgian power plants generated 867 mln. kWh of electricity. This represents an 11% decrease in total generation, compared to the previous year (in March 2019, the total generation was 974 mln. kWh). The decrease in generation on a yearly basis comes from the decrease of 64% in thermal power generation more than offsetting the increase of 30% in hydro and 7% in wind power generation.

Beyond its impact on the healthcare system, the COVID-19 pandemic via economic shocks has already reached labor markets throughout every economy. As of 1 April 2020, ILO estimates indicate a substantial rise in global unemployment, leading to 6.7% decline in working hours in the second quarter of 2020, which is equivalent to 195 million full-time workers.

As the novel coronavirus COVID-19 outbreak continues to spread around the world and has been declared a global pandemic by the World Health Organization, the next global economic recession is no longer an “if” or even a “when” event. Unfortunately, it is already upon us. In just the past few days.

In February 2020, Georgian power plants generated 851 mln. kWh of electricity. This represents a 9% decrease in total generation, compared to the previous year (in February 2019, the total generation was 939 mln. kWh). The decrease in generation on a yearly basis comes from a decrease of 13% in hydro, 9% in wind, and 5% in thermal power generation.

In January 2020, Georgian power plants generated 1,031 mln. kWh of electricity. This represents a 2% increase in total generation, compared to the previous year (in January 2019, the total generation was 1,011 mln. kWh). The increase in generation on a yearly basis comes from the increase of 37% in thermal and 36% in wind power generation, more than offsetting the decrease in hydro power generation (-22%).