Georgian electricity export revenue up 337% in Jan-July
The figures show that 93 percent of the exports accounted for Türkiye, with 630,992,000 kWh of electricity exported to the country. Photo: Nino Alavidze/Agenda.ge
Tweet 
Share
Georgia received $64.78 million from exporting electricity between January-July, a 337 percent increase year-on-year, data published by the State Electricity System shows.
The figures show that 93 percent of the exports accounted for Türkiye, with 630,992,000 kWh of electricity exported to the country.
In the reported period, 1 billion 41 million kilowatt-hours of electricity was also exported from Azerbaijan, Russia and Armenia to Turkey through Georgia.
This month, 160 million kWh of electricity is planned to be exported, while the annual number is estimated to reach 897.8 million kWh, according to the forecast balance.
The export of electricity started in May, when 269.4 million kWh was exported, while in June the figure reached 351.2 million kWh, and in July - 114.5 million kWh.
The Georgian Energy Exchange will probably not be launched in September amid "increased risks in the region", Economy Minister Levan Davitashvili said at a press briefing on Monday.
Georgia is not receiving electricity from Russia due to sufficient domestic production over the recent months, David Narmania, the Head of the Georgian National Energy and Water Supply Regulatory Commission, was cited as saying by local media outlet bpn.ge on Wednesday.
Georgia has “no luxury” of giving up relatively cheap Russian energy for political reasons due to the “sensitivity” of the tariff changes, David Narmania, the Head of the Georgian National Energy and Water Supply Regulatory Commission, said on Thursday.
Electricity production in Georgia was up by 13.6 percent in 2021 compared to the previous year, while domestic consumption amounted to 13.3 percent, a report of the Georgian National Energy and Water Supply Regulatory Commission, published on Friday, said.
Electricity production in Georgia was up by 13.3 percent in 2021 compared to the previous year, reaching 12.64 billion kilowatt-hours, the National Statistics Office of Georgia revealed on Friday.