The Trends of Drawing Up the Electricity Balance of Georgia

Abstract

The paper dwells on the analysis of electricity balance of Georgia in the years of 2005-2017 in accordance with the parameters such as electricity generation-consumption and exports-imports. Significant attention was paid to the structural development of electricity generation and consumption. The paper also addresses the issues of exports imports with neighboring countries. Electricity exports and imports in Georgia is characterized by changing dynamics. Over the past 17 years, imports have grown by 39,3%. It has been highlighted that the electricity balance in the years of 2016-2017 differs substantially from the electricity balance of previous years that is due to the operation of wind power plant, which just in 2017 generated 87,8 million kWh, representing 1% of generated electricity. The paper highlights that the level of electric intensity of production in Georgia is still high, the reduction of which is considerable room for improvement in the electricity balance; there is need for development of renewable energy resources (hydro, solar, wind), placing greater reliance on advanced technologies in the field of electricity consumption and so on.