Economy
Posted: 1 year ago

Electricity Imports Grow by 14.5%; What is Russia’s Ratio

According to ESCO indicators, in January-October 2019 electricity imports grew by 14.5% to 1 215.8 million kw/hours, while the figure was 1 061.9 million kw/h in the same period of 2018.

Under the same statistics, imports rose from Russia essentially. Georgia bought 74.6 million kw/h electricity from Russia in January-October 2018, while the figure made up 392.2 million kw/h in January-October 2019. The year on year growth constituted 425.3%.

Azerbaijan is second major market, from where Georgia imported 823.6 million kw/h electricity, up 3.1% year on year from 789.6 million kw/h in January-October 2018.

It is worth noting that electricity in October was mainly imported from Russia - 195.5 million kw/h, Azerbaijan’s ratio is 1.3% (2.7 million kw/h).