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In July 2017, Georgian power plants generated 1,247 mln. kWh of electricity. This corresponds to a 18% increase in total generation compared to July 2016, when total generation of electricity was 1,061 mln. kWh. Generation also increased by 10% compared to June 2017 (1,138 mln. kWh).
Following the traditional seasonal pattern, almost all generation (1,242 mln. kWh, or 99.6% of total generation) came from renewable sources of electricity, while thermal power generation accounted for only 5 mln. kWh (0.4% of total generation). Consumption of electricity on the local market was 986 mln. kWh, smaller than the amount generated, leaving a resource for export to neighboring electricity markets (Russia, Turkey and Azerbaijan). Looking at the seasonal trend, generation from TPP is usually low in summer, but increases in fall and winter, only to decline again in spring. Renewables instead are characterized by a different pattern; electricity generation increases from March to July, and begin declining from August to February.
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Electricity: The first three quarters of 2014 have been successful for the sector, both in terms of adding new generation capacity to the system and starting new projects. On the other hand, some challenges concerning security of supply became apparent in the third quarter. So far, 2014 is being very active in terms of commissioning new generation capacity. Several important hydropower projects have been completed including: 87MW Paravani HPP, 19MW Larsi HPP and 8MW Aragvi HPP.
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In this report we will review and analyse the main trends and developments characterizing the electricity sector of Georgia in 2013. In particular, we will discuss the patterns of electricity generation and use, look at the potential contribution of the Georgian energy sector to the competitiveness of Georgian companies according to a number of global indexes, and present the main events that had been taking place during 2013 that we believe will affect the evolution of the energy sector.
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