Economy
Posted: 1 year ago

Electricity Consumption in Georgia Keeps Growing

 

In the last 10 years, Georgia’s electricity consumption has been growing by an average of 4, 8%, as per the Georgian National Energy and Water Supply Regulatory Commission (GNERC).

In recent years a significant growth has been observed – in 2018 it amounted to 7, 6% compared to 2017, in 2010 - by 15, 9%compared to 2016.

 The Commission also emphasizes that consumption growth is significantly higher than electricity generation growth.

 "Electricity production increased by 5% in 2017 in comparison with 2016,  in 2017 by 5, 5% compared with 2016. In 2009-2018, electricity production increased by 3, 9%," the Commission’s report says.

In 2018, distribution companies purchased 5, 2% more electricity than in 2017, while the energy supply to Abkhazia decreased by 4%.

GNERC reports about volumes of import and export of electricity. In 2018 imports grew by 0, 8% in comparison with 2017, while in 2017 – by 200% compared with 2016.

 In 2018, Georgia’s energy imports exceeded  2-fold exports while exports grew by 14, 1% in 2018 and in 2017- by 5, 36% compared to 2016.

 In 2018, new power stations with a total capacity of 63, 9 megawatts were launched, including 5 small hydropower plants.