Indexes
September 2023 | Electricity Market Review
30
October
2023
In September 2023, Georgian power plants generated 1,118 mln. kWh of electricity. This represents a 6% decrease in the total generation compared to the previous year (in September 2022, the total generation was 1,194 mln. kWh). The fall in generation on a yearly basis comes from a decrease of 7% in hydro and thermal power generation by 7% and 5%, respectively, while the generation of wind power plants increased by 10%.
On a monthly basis, the generation decreased by approximately 24% (in August 2023, the total generation was 1,463 mln. kWh). The monthly fall in total generation is induced by a decrease in hydro generation by 38%, while thermal and wind power generation increased by 86% and 25%, respectively.
The consumption of electricity on the local market was 938 mln. kWh (-11% compared to September 2022, and -23% compared to August 2023) (Figure 1). In September 2023, power generation exceeded consumption by 180 mln. kWh which was 16% of the total generation and 19% of the total consumption (in September 2022, the difference between the total generation and the consumption resulted in a surplus of 144 mln. kWh, around 12% of the total generation and 14% of the total consumption for the month).
Recent Publications
View All
March 2024 | Electricity Marker Review
22
April
2024
In March 2024, Georgian power plants generated 1,130 mln. kWh of electricity. This represents an 11% increase in the total generation compared to the previous year (in March 2023, the total generation was 1,019 mln. kWh). The rise in generation on a yearly basis comes from an increase in the generation of thermal and wind power plants by 90% and 20%, respectively while hydropower plant generation decreased by 10%.
February 2024 | Electricity Market Review
25
March
2024
In February 2024, Georgian power plants generated 1,022 mln. kWh of electricity. This represents a 3% increase in the total generation compared to the previous year (in February 2023, the total generation was 987 mln. kWh).
January 2024 | Electricity Market Review
26
February
2024
In January 2024, Georgian power plants generated 1,175 mln. kWh of electricity. This represents a 6% increase in the total generation compared to the previous year (in January 2023, the total generation was 1,111 mln. kWh).
December 2023 | Electricity Market Review – Annual
22
January
2024
In 2023, Georgian power plants generated 14,396 mln. kWh of electricity, record high generation for a single year. This represents a 1% increase in total generation, compared to the previous year (in 2022, total generation was 14,247 mln. kWh). The increase in generation on a yearly basis comes from the increase in hydropower generation (1%) and thermal power (2%), while wind power generation decreased (-2%).
December 2023 | Electricity Market Review
15
January
2024
In December 2023, Georgian power plants generated 1,166 mln. kWh of electricity. This represents a 4% increase in the total generation compared to the previous year (in December 2022, the total generation was 1,116 mln. kWh). The rise in generation on a yearly basis comes from an increase in hydropower generation by 87%, while the generation of thermal and wind power plants decreased by 45% and 16%, respectively.
