Georgia starts electricity export to Turkey and Russia
Export started in May this year and so far Georgia exported 2.78 million kWh hour to Turkey and 2.61 kWh hour to Russia. Photo: Energo Pro Georgia.
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Georgia has begun exporting electricity to Turkey and Russia, announces the Electricity System Commercial Operator (ESCO) of Georgia.
Export started in May this year and so far Georgia exported 2.78 million kWh hour to Turkey and 2.61 kWh hour to Russia.
ESCO explained that the increased amount of electricity generated at Georgia’s hydro power plants made it possible to start exporting to Turkey and Russia.
This year Georgia plans to export 700 million kWh hour which will be four times less than imports.
The import of electricity in Georgia will not be needed only in May-July.
Russia will supply Georgia’s occupied region of Abkhazia with electricity from today due to the critical situation at the Enguri HPP.
Large European energy companies Nord Pool and Bluberries will prepare recommendations for Georgia to help the country become a regional hub for electricity trade.
Electricity consumption in Georgia was up 6.9 per cent in 2017 year-on-year at 11.20 billion kWh of electricity.
Georgia is increasing the export of electricity to Turkey, announces Georgia’s Ministry of Economy. As of May 9, 2018 export of electricity increased by 61.4 percent compared to the same period of 2016, says Georgia’s Ministry of Economy.
Nine countries of the Central Asia Regional Economic Cooperation (CAREC) programme have signed a historic declaration today that will accelerate cooperation on energy issues and make the creation of a regional energy market easier.
A new Electricity Market Model Concept will be launched in Georgia on September 1, Deputy Economy Minister Romeo Mikautadze announced on Tuesday at a sitting of the Parliamentary Committee on Sectoral Economics and Economic Policy.