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University of Warwick Researcher Presents to ISET Community
13 December 2018

On December 13, Ellie Martus, a co-fund fellow at the University of Warwick, visited ISET to talk about environmental state capacity in Georgia and other countries of the former Soviet Union. She presented an overview of her research, under the framework of which she is going to explore the capacity of Georgia, Russia, Ukraine, and Armenia to design, implement and enforce environmental policies.

ISET BA students visit National Energy and Water Supply Commission
03 December 2018

On December 3, ISET BA students visited the Georgian National Energy and Water Supply Regulatory Commission (GNERC). Revaz Geradze, Deputy Director of the Natural Gas Department, introduced the students to the mission of the GNERC and gave a presentation about the Investments Appraisal Rule, the objective of which is to develop the main principles and criteria for drafting, submitting, evaluating, approving and monitoring the investment projects for tariff setting purposes with regards to the electricity and natural gas sectors.

Pursuing Real Growth: The Importance of This Year’s Nobel Memorial Prize in Economic Sciences for the Planet and for Us
03 December 2018

This year has plagued a number of countries with tremendous natural disasters and extreme weather events. Greece was challenged with extensive fires and South Africa with a shortage of water. As late as November this year, the US was still struggling to tame forest fires. Something is certainly happening with the climate. These problems arise from society only being concerned with growth.

November 2018 | Electricity Market Review
03 December 2018

In November 2018, Georgian power plants generated 900 mln. kWh of electricity. This represents a 7% decrease in total generati on, compared to the previous year (in 2017, total generation in November was 968 mln. kWh). The decrease in generation on a yearly basis comes from decrease in hydropower (-15%), more than offsetting the increase in thermal power generation (9%) and in WPP generation (+33%).

Increasing Electricity Imports and Jumping Import Electricity Prices: a Worrisome Development or Data Glitch?
30 November 2018

After the generation deficit of September, the decreasing trend in generation continues, while the gap between consumption and generation keeps widening. Chiefly, compared to September, total electricity generation has decreased by 8% in October 2018, while in contrast with the previous October 2017, electricity generation has decreased by 5%. This reduction in generation on a yearly basis is specifically due to the decrease in hydropower (-1%) and thermal power generation (-17%), which more than offsets the increase in WPP generation (+4%).

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