december iset.cdr

kWh which was 13% of the total generation and 11% of the total consumption (in November 2021, the difference between the total generation and the consumption resulted in a deficit of 17 mln. [...] Figure 5 - Share of Enguri and Vardnili in Total Generation 100% 80% 60% 40% 20% 0% Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Enguri HPP Vardnili HPP Source: ESCO Overall, the total generation decreased by 6% compared to December 2021 (Figure 6). [...] kWh ELECTRICITY MARKET REVIEW | Electricity Generation – Consumption – Trade Highlights Figure 8 - Electricity Consumption Growth (%, y/y) 30% 20% 14% 10% 10% 3% 4% 0% 1% 0% 0% -10% -6% -20% -30% Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Source: ESCO In December 2022, there was the import of 218 mln. [...] Figure 13 - Electricity Purchased / Sold Shares of Direct Contracts and Balancing Electricity 100% 80% 60% 40% 20% 0% Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Direct Contract Balancing Electricity Source: ESCO In December 2022, the weighted average price of balancing electricity was 14.5 tetri/kWh, which corresponds to an annual decrease of 14% compared to December 2. [...] 10 tetri/kWh ELECTRICITY MARKET REVIEW | Market Concentration Figure 15 - Cost of Guaranteed Capacity 16 12 8 14.18 13.59 12.68 9.58 4 6.03 4.18 4.17 0 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Source: ESCO The electricity import price in December 2022 reached 0.11 ¢, or 0.28 tetri per kWh (Figure 16).