Georgian economist: Electricity import from Azerbaijan is more profitable

Georgian economist: Electricity import from Azerbaijan is more profitable "It is more effective for Georgia to import electricity from Azerbaijan in terms of price," said economic analyst Andria Gvidiani.
Energy
March 13, 2021 11:05
Georgian economist: Electricity import from Azerbaijan is more profitable

"It is more effective for Georgia to import electricity from Azerbaijan in terms of price," said economic analyst Andria Gvidiani.

According to the expert, the purchase of electricity from Azerbaijan is more interesting than other suppliers, and this is reflected in competitive prices:

"Electricity imports depend on three different tariffs - day, night, and weekend. Tariffs for electricity from Azerbaijan are lower than in Russia."

The economist noted that practically the entire volume of electricity imported from Russia is intended for the de facto Republic of Abkhazia: "Therefore, except for Abkhazia, it can be said that Georgia imports electricity only from Azerbaijan."

In January-February this year, Georgia supplied 827.8 million kilowatt-hours of electricity. Azerbaijan accounted for 299.7 million kilowatt-hours, or 36.2% of imports. The volume increased by 16.7% year on year.

In the last two months, Georgia's leading electricity supplier was Russia, with 521 million kilowatt-hours.

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