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Details of total volume of Georgian balancing electricity revealed

Oil&Gas Materials 18 January 2020 09:37 (UTC +04:00)
Details of total volume of Georgian balancing electricity revealed

BAKU, Azerbaijan, Jan. 18

By Tamilla Mammadova – Trend:

In December 2019, Georgia’s wind farm produced 2.3 percent of balancing electricity, Trend reports with reference to Georgian Electricity System Commercial Operator of Georgia (ESCO).

The share of hydroelectric power plants in the total volume of balancing electricity in the country amounted to 24.5 percent, wind energy - to 2.3 percent, thermal energy - to 2.9 percent, imports - to 70.3 percent.

Most of the balancing electricity acquired by ESCO during the reporting period consists of imported electricity. The cost of balancing electricity amounted to 44 million lari ($15.3 million).

According to ESCO, the volume of balancing electricity purchased by ESCO in December of 2019 amounted to 299.370 million kWh, which was 25 percent of gross electricity generation of Georgia.

Electricity imports to Georgia in 2019 increased by about 7.5 percent, while the exports decreased by 58.7 percent, compared to 2018.

In 2019, the country acquired 1.62 billion kWh of electricity, while in 2018 the import figure was 1.50 billion kWh.

Electricity exports from Georgia reached 243.4 million kWh in 2019, compared to 588.6 million kWh in 2018. Georgia exported the largest amount of electricity to Turkey (46 percent).

According to the balance sheet approved by the Ministry of Economy and Sustainable Development of Georgia, it is projected to reduce imports to 1.25 billion kWh in 2020. The export is projected to increase to 577.8 million kWh.

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