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Tag Archives: electricity

Electricity Imports in January-April 2017 Exceeded Total Imports of 2016

In January-April 2017 Georgia’s electricity imports made up 886.691 million kw/h, up 47% as compared to total imports in 2016 – 478.9 million kw/h. Deputy Energy Minister Ilia Eloshvili told Business Courier that electricity imports has grown because of increased electricity consumption. As to other months, Ministry of Energy of …

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Azerbaijan Was the Main Electricity Importer in January

Azerbaijan Was the Main Electricity Importer in January

Georgia has acquired electricity of 172, 3 million kwh from Azerbaijan in January, which already exceeds total import of previous 12 months (109, 77 mln). However, import from Russia has made up 6, 7 million kwh. Georgia has exported electricity of 0, 997 kwh in the same month. The transit …

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Electricity Price will not Rise Due to GEL Volatility

Georgian National Energy and Water Supply Regulatory Commission (GNERC) has launched public administrative procedures for defining electricity distribution, transit and consumption tariff for JSC TELASI. Amid the depreciation of the GEL exchange rate, electricity tariffs are expected to rise. The market exchange rate has already dropped to 2.45 points. Energy …

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New Electronic Monitoring System to be Introduced into Georgia

Georgia’s electricity markets attempt to integrate with European markets as new legislations are introduced and implemented. As Georgia moves up the development line, it modifies its markets to abide by the laws of the European Union. In June 2016, the Georgian government introduced a new law concerning energy and water …

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Georgian Electricity Exports Tariffs Grows in Turkey

Average tariff for exports of Georgian electricity to Turkey has grown by 10.8%, i.e. to 5 Cent on one kilowatt-hour, while electricity prices have dipped by 7% (to 4.8 Cent on kilowatt/hour) on the Turkish market. According to G&T, in Turkey prices declined from the previous year’s low basis. The …

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Electricity Consumption Grows after Georgian Manganese Resumes Works

In June electricity consumption by direct consumers increased by 6.4% after Georgian Manganese (GM) resumed mining works. According to Galt&Tagart information, the full effect of restoration of works by GM was recorded in June, because the company resumed works on May 20. The consumption by Georgian Manganese has increased by …

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PPI for Industrial Products Decreased 2.0 percent over May 2016

PPI for Industrial Products Decreased 2.0 percent over May 2016

In June 2016 the Producer Price Index (PPI) for Industrial Products decreased 2.0 percent over May 2016 and 6.0 percent compared to June 2015. The index rose 19.9 percent over the 2010 average. The decline of monthly PPI in June was attributable to a 2.6 percent price decrease for manufacturing. …

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Georgia to Promote Trade Advantages of its Electricity

Georgia to Promote Trade Advantages of its Electricity

The Cross-Border Electricity Trading Summit was opened today by Georgia’s Energy Minister Kakha Kaladze and the United States Agency for International Development’s (USAID) Caucasus Mission Director Douglas H. Ball. The main objective of the Summit is to bring electricity suppliers together to discuss how to create a competitive trading environment for …

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First Quarter Records 1.8% Upturn in Georgia’s Electricity Consumption

Electricity

Georgia’s annual electricity consumption in March rose by 1% and in the first quarter – by 1.8%. The consumption reduction is explained by the 2015 high growth paces, on the one hand, and comparatively warmer weather in March, on the other hand. According to Galt&Taggart, consumption of distributing licensees have …

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Millions of GEL for Electricity Supply of Abkhazia will be Written off

Millions of GEL for Electricity Supply of Abkhazia will be Written off

Official Tbilisi will written off Millions of GEL for electricity supply of Abkhazia in this year as well. Total debt of 2014-2015 amounts to 56 million. As of the government decree, LLC “EbgurHES”, LLC “VardnilHES Cascade” and “Georgian State Electricity” will written off the debt. Namely, hopeless debt of “EbgurHES” amounts to …

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Exploring An Unusual Source of Electricity With Tomato Waste

Exploring An Unusual Source of Electricity With Tomato Waste

SAN DIEGO, March 2016 — A team of scientists is exploring an unusual source of electricity — damaged tomatoes that are unsuitable for sale at the grocery store. Their pilot project involves a biological-based fuel cell that uses tomato waste left over from harvests in Florida. The researchers present their …

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Georgia Creates Efficient Energy Light Bulbs

Light Bulbs

Ltd. AG Microelectronics is the first microelectronic enterprise in the Caucasus region. The factory was built as a result of invested 3 million USD by Georgian and Azerbaijan businessmen. The project was also financed at amount 167 thousands of USD by the state program “Produce in Georgia”.  Accordingly, such financial support …

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