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Electricity export down 43% from Georgia in Q1 2020

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BM.GE
29.07.20 19:15
751
In the first half of 2020, 134.2 million kwh of electricity was exported from Georgia, which is 100 million kwh or 42.7% less comparing to the same period of 2019. The value of electricity exports amounted to $ 3.9 million, down $ 3.3 million from the previous year.

Along with the export decline, the volume of imported electricity has increased significantly. In total, imports amounted to 787.1 million kwh, which is 26.53% more comparing to 2019. In total, the value of electricity imports was $ 30.9 million, the increase is 12.4% over the previous year.

Import growth is related to the decrease in local production. In the first half of 2020, the output of hydropower was 4.36 billion kwh, down 8.7% from the previous year, while the output of the thermal power was 1.26 billion kwh, down 10.7% y-o-y.