In previous articles we have discussed the visible deterioration of Georgia’s energy security, where energy demand keeps increasing and the share of domestic energy sources in overall primary supply (the gross amount consumed by the country over one year) is declining. Reversing this trend requires the country to accelerate the pace that it develops domestic – and mostly renewable – energy generation capacity; ideally in combination with greater efforts to improve energy efficiency.
ISET is pleased to announce its latest partnership with Polyvim LLC, under the Green Revolution Campaign, the mission of which is to help protect the environment by recycling plastic waste and limiting plastic footprint.
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.
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.
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.