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Quarter 1-2, 2022 | Energy Market Review
24 October 2022

In the first and the second quarters of 2022, Georgian power plants generated 3,107 mln. and 3,663 mln. kWh of electricity, respectively. This represents a 27.9% and 35.3% increase in total generation compared to the corresponding periods of the previous year (in 2021, the total generation in Q1 was 2,429 mln. kWh and 2,708 mln. kWh in Q2).

Quarter 3-4, 2021 | Energy Market Review
24 May 2022

In the third and the fourth quarters of 2021, Georgian power plants generated 3,766 mln. and 3,479 mln. kWh of electricity, respectively. This represents a 27.3% and 34.1% increase in total generation compared to the corresponding periods of the previous year (in 2020, the total generation in Q3 was 2,958 mln. kWh and 2,594 mln. kWh in Q4).

Challenges and opportunities – making the Georgian energy sector more secure
13 June 2022

During the Russia-Ukraine the EU has become a clear example of how substantial reliance on a single country to satisfy energy needs can threaten nations’ economic development, and how challenging the task of achieving energy security is while substantially depending on a single country in key energy products.

Should Georgia worry about the dependence on Russian energy?
16 March 2022

During such challenging times, as the Russia-Ukraine conflict escalates daily and threatens the lives of thousands, as well as the wellbeing of everyone around the world, having experienced the horror of war, we Georgians especially feel the pain of the Ukrainians.

February 2022 | Higher food and fuel prices on the global market drive inflation and dampen growth forecasts for Georgia
14 February 2022

Geostat has published its rapid estimate of real GDP growth for the fourth quarter of 2021, and their estimated growth stands at 9.5%, which is 1.4 percentage points below the ISET-PI’s most recent forecast. The annual real GDP growth in 2021 amounted to 10.6%, which is 0.2 percentage points lower than our recent prediction.

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