Georgian State Electrosystem expects electricity consumption to increase over the next ten years.
According to forecast data, consumption will reach 19 billion kWh by 2034. The installed capacity will be 36 billion kWh, of which 26 billion kWh will come from hydroelectric power plants, while the output of wind and solar power plants will increase to 5.2 billion kWh.
The Electrosystem has different scenarios for consumption growth, with a moderate scenario predicting a 3% increase in consumption over the next ten years, while an optimistic scenario predicts a 5% increase. In particular, under the optimistic scenario, electricity consumption in the country will increase to 23.5 billion kWh by 2034. After a decrease last year, electricity consumption in the country has been growing again since the beginning of 2024, which is mainly explained by the revival of the mining and metallurgy sectors. In total, in the first 9 months of 2024, electricity consumption increased by 5.4% annually to 10.4 billion kWh.
In addition, the government plans to double the capacity of Georgia's power system by 2034. According to the ten-year plan for the development of transmission lines, the installed capacity should increase to 10,336 MW in ten years.
This 10,336 MW will be distributed as follows:
7,222 MW - Hydro
1,590 MW - Thermal power plants
1,291 MW - Wind
Currently, the installed capacity of Georgia's power system is 4,621 MW, of which approximately 70% comes from hydropower plants, and 25% from thermal power plants. The share of wind power plants is insignificant. Georgia does not have a solar power plant connected to the power system.
