ISET

In the third and the fourth quarters of 2020, Georgian power plants generated 2,958 mln. and 2,594 mln. kWh of electricity, respectively. This represents a 9.6% decrease and 2.4% increase in total generation compared to the corresponding periods of the previous year (in 2019, the total generation in Q3 was 3,273 mln. kWh and 2,534 mln. kWh in Q4). On an annual basis, the reduction in generation in the third quarter of 2020 was derived from a 7.6%, 9.6%, and 5.4% decline in thermal, hydro, and wind power generation, respectively. The increase in production in the fourth quarter is related to the 14.1% and 0.07% increase in thermal and wind power generation, more than offsetting the 3.4% decrease in hydropower generation.

In the first and second quarters of 2020, Georgian power plants generated 2,893 mln. and 2,797 mln. kWh of electricity, respectively (Figure 1). This represents a 1.5% and 9.7% decrease in total generation compared to the corresponding periods of the previous year (in 2019, the total generation in Q1 was 2,936 mln. kWh and 3,097 mln. kWh in Q2). On an annual basis, the reduction in generation in the first quarter of 2020 was derived from a 19.3% and 2.7% decline in hydro and wind power generation, respectively, offsetting the 28.3% annual increase in thermal power generation. The decrease in production in the second quarter is, instead, related to the 46.2% and 1.2% decrease in thermal and hydro power generation, more than offsetting the 10% increase in wind power generation.