Electricity on the Georgian Exchange: Sales are Falling, Imports are Growing

The market situation in 2026 is different, including due to imports

In March, only 2.3 million kWh of electricity were sold on the Georgian energy exchange at an average price of 14.4 tetri per kWh. For comparison, in 2025, sales reached almost 130 million kWh at a price of 13.14 tetri, which is 7.5 times higher than the current figures. Buyers then saved more than 2 million lari due to lower exchange rates compared to the price of balancing electricity.

The market situation in 2026 is different, including due to imports. In March, Georgia had to purchase electricity from neighboring countries: a total of 228.5 million kWh, of which 155 million were from Russia, 58 million from Turkey, and 15.2 million from Azerbaijan. A small volume of supplies from Azerbaijan was also noted — 5 million kWh.

The exact consequences of imports from Turkey for electricity prices remain unknown. Experts note that the high level of purchases abroad indicates a shortage of domestic production and increases Georgia's dependence on external supplies.

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