In May 2022, Georgian power plants generated 1,461 mln. kWh of electricity. This represents a 20% increase in the total generation compared to the previous year (in May 2021, the total generation was 1,221 mln. kWh). The increase in the generation on a yearly basis comes from a rise of 20% in hydropower generation, respectively, more than offsetting a 9% decline in wind power generation.

In March 2022, Georgian power plants generated 1,077 mln. kWh of electricity (Figure 1). This represents a 63% increase in total generation, compared to the previous year (in March 2021, the total generation was 661 mln. kWh).

The International Energy Agency provides a definition of energy security across two dimensions. In a broad sense, energy security is defined as the “uninterrupted availability of energy sources at an affordable price,” while short-term energy security denotes that an energy system has the capability to promptly balance any disruption in the supply-demand equilibrium.

On November 15th, the Deputy Head of the Energy and Environment Policy Research Center, Levan Pavlenishvili, participated in the panel of the “Energy Politics in the South Caucasus: Experiences, Visions, and Challenges” conference.

On September 13, ISET hosted Farhad Taghizaden-Sesary, Professor of Economics at Waseda University, Tokyo, and Senior Assistant to the Dean of Asian Development Bank Institute. Dr. Taghizaden-Sesary delivered a lecture entitled Green Energy Finances.