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Electricity Market Review
The electricity sector is one of the milestones of the energy sector of Georgia. It is a sector in expansion. Electricity generation - relying mostly on Hydro Power Plants - has been increasing over the years, although not always at a rate sufficient to match demand increase, driven by rising econom
ic activity, vehicle electrification, and increased blockchain mining activities. Developed in 2017, the Electricity Market Review analyses the main trends and key events in Georgia's electricity market. It also monitors the consequences of all the changes in the electricity sector, including market liberalization and the introduction of incentive schemes for renewable energy.
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December 2021 | Electricity Market Review
24 January 2022

In December 2021, Georgian power plants generated 1193 mln. kWh of electricity. This represents a 28% increase in total generation, compared to the previous year (in December 2020, the total generation was 930 mln. kWh). The increase in generation on a yearly basis comes from the increase of 55% and 4% in hydro power, and thermal power generation, respectively. Meanwhile, there was a 29% decrease in wind power generation.

November 2021 | Electricity Market Review
27 December 2021

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.

October 2021 | Electricity Market Review
26 November 2021

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.

September 2021 | Electricity Market Review
25 October 2021

In September 2021, Georgian power plants generated 1101 mln. kWh of electricity. This represents a 26% increase in total generation, compared to the previous year (in September 2020, the total generation was 877 mln. kWh). The increase in generation on a yearly basis comes from the increase of 49% in hydro power generation. Meanwhile, there was a 37% and 15% decrease in thermal power and wind power generation, respectively.

August 2021 | Electricity Market Review
01 October 2021

In August 2021, Georgian power plants generated 1202 mln. kWh of electricity. This represents a 27% increase in total generation, compared to the previous year (in August 2020, the total generation was 949 mln. kWh). The increase in generation on a yearly basis comes from the increase of 20% and 94% in hydropower and thermal power generation, respectively.

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