Tbilisi (GBC) - According to a review of Georgia’s electricity market by TBC Capital, the country’s electricity generation in November 2025 increased by 20.7% year-on-year, reaching 1,129 GWh. Hydropower output rose by 28.8% to 790 GWh, while wind generation fell 51.7% to 2.9 GWh. Thermal generation increased by 5.9% to 335 GWh, and solar production amounted to 1.2 GWh.

Electricity consumption in Georgia grew by 3.6% year-on-year to 1,200 GWh in November. Retail consumption decreased by 3.8% to 675 GWh, while large consumers’ usage rose 41.3% to 312 GWh. The Autonomous Republic of Abkhazia saw a 9.6% decline in electricity consumption to 213 GWh.

The average weighted price on the balancing market in November was 5.53 US cents per kWh, a 0.8% decline compared to the same month last year. Monthly prices on the balancing market fell 5.3%, while the 11-month cumulative price increased 5.1% to 5.81 US cents per kWh.

In November, Georgia imported 111 GWh of electricity, paying $3.3 million, with Russia as the supplier. Of this imported electricity, 30 GWh was directed to meet the needs of occupied Abkhazia.