After a generation deficit of August, Georgia continues to exhibit a decreasing trend in power generation; compared to August, total electricity generation has decreased by 14% in September 2018. Georgian power plants generated 849 mln. kWh of electricity, while consumption of electricity on the local market was 955 mln. kWh.
In October 2018, Georgian power plants generated 783 mln. kWh of electricity. This represents a 5% decrease in total generation, compared to the previous year (in 2017, total generation in October was 828 mln. kWh). The decrease in generation on a yearly basis comes from and decrease in hydropower (-1%) and thermal power generation (-17%), more than offsetting the increase in WPP generation (+4%).
Back in 2015 Georgian sheep market got into the spotlight due to the increased demand for sheep from Arabic countries. Prior to 2015, Azerbaijan was the most important export destination for live sheep, while in 2015, in addition to Azerbaijan, Georgian sheep was exported to United Arab Emirates, Jordan, Lebanon and Saudi Arabia.
Georgia committed to harmonizing its electricity market legislation with EU Third Energy Package and liberalizing it according to the accession protocol with the Energy Community. These structural changes are expected to contribute to the more efficient functioning of the Georgian electricity market and to support its development.
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%).