ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Mar
05

What Georgia Can Teach Sweden about Energy Efficiency

I believe we all are bound by the notion that technology is the thing. We might be convinced it’s a sign of progress. Those very clever engineers have finally saved humanity, not just by envisioning what will save the masses from wasting their minutes and seconds, but they also help to propel all sorts of time-saving devices. There are, of course, good reasons to argue for how important technological advances are. They can be used as a means of promoting youth employment, or to assist an individual suffering from mobility concerns with vacuum cleaning. O...
Rate this blog entry:
Continue reading
1334
0 Comments
Write a Comment
Dec
09

Why Is Georgia Importing So Much Electricity?

In October 2017, Georgian power plants generated 828 mln. KWh of electricity, marginally up (+0.79%) compared to September. Following the traditional seasonal pattern, the share of electricity produced by renewable sources declined to 71% of total generation (87% in September), while thermal power generation’s share increased, accounting for 29% of total generation (compared to 13% in September). When we compare last October’s total generation with the total generation of October 2016, however, we observe an 8.7% decrease in total generation (in October ...
Rate this blog entry:
Recent comment in this post
Eric Livny
Georgia should be happy to be part of a regional electricity network and not a Robinson Crusoe economy. This allows for mutually ... Read More
Monday, 11 December 2017 12:12 PM
Continue reading
1498
1 Comment
Write a Comment
May
01

Georgia’s Energy Security in a Nutshell

Listening to discussions in professional circles and among policy makers, one can easily notice that the topic of energy security is often used as a reason to justify certain decisions, or point out the problems existing in the sector. Energy security is frequently associated with energy “independence” - a condition that only few countries in the world can claim to have achieved. This leads the public to understand energy security in a very narrow sense, associated with the share of energy produced within the borders of the country, and with the diversif...
Tags:
Rate this blog entry:
Recent Comments
Maka Chitanava
I have one question to the authors. What do you think about Khudoni HPP? Does Georgia need to build it to ensure energy security a... Read More
Tuesday, 02 May 2017 9:09 AM
Guest — NP
Dear Maka, it is quite difficult to answer precisely to this question given the data to which we have currently access. In genera... Read More
Tuesday, 02 May 2017 12:12 PM
Maka Chitanava
Dear Norberto,Thank you for your answer. It was very helpful.
Tuesday, 02 May 2017 1:01 PM
Continue reading
3526
3 Comments
Write a Comment
Mar
17

Wood: Still the Most Affordable Fuel Option for Rural Households?

  Despite the fast pace of installing gas infrastructure throughout the country, wood remains a major household fuel in Georgia. According to Georgia’s energy balance1, in 2014, Georgian households consumed 19,131 Terajoules2 of bio fuel and waste (mainly wood). The share of wood in total energy consumed by households was 38%. Chart 1. Wood satisfies almost 40% of households’ demand on energy in Georgia According to the National Statistics Office of Georgia, in 2014, the total volume of logging in was 670,241 cubic meters of wood/timber. In additio...
Tags:
Rate this blog entry:
Continue reading
2071
0 Comments
Write a Comment
Jan
30

The Gazprom Deal and Georgian Energy Security. What Should Georgia do Next?

Every winter, one of the most actively discussed issues of energy policy - both on TV and in professional circles - is natural gas. Prices and supply conditions are frequently part of the political debate. The main reason behind such active discussion is energy security concerns. What is energy security? The International Energy Agency defines energy security as “the uninterrupted availability of energy sources at an affordable price.” Obviously, all countries around the world care about energy security, because interruptions in the availability of energ...
Rate this blog entry:
Continue reading
2094
0 Comments
Write a Comment
Nov
19

Net Metering in Georgia. Getting Ready for the Next Energy Revolution

"We have this handy fusion reactor called the SUN. You don't have to do anything, it just works, shows up every day, produces ridiculous amounts of power." Elon Musk Introduction of Tesla Energy A few weeks ago Elon Musk (CEO of SpaceX and Tesla Motors and Chairman of SolarCity, among others) presented two new products: solar roof tiles produced by SolarCity, and Tesla’s Powerwall 2, designed to work together to revolutionize the concept of solar PV systems. Energy sector professionals, environmentalists, and renewable energy enthusiasts around the world...
Rate this blog entry:
Continue reading
3193
0 Comments
Write a Comment

Our Partners