Electricity Market in Georgia

According to Galt & Taggart’s baseline scenario, Georgia’s installed capacity is expected to nearly double from the current 4.7 GW to 9.0 GW by 2035 — significantly outpacing the growth seen in the previous decade. Domestic electricity consumption is projected to increase by an average of 3% annually, driven by economic activity and the broader adoption of electric vehicles and appliances. Consumption growth could accelerate further if the construction of data centers gains momentum in Georgia. Under this scenario, Georgia is expected to become a net exporter of electricity starting in 2028. However, in a pessimistic scenario, if the construction of new generation facilities is delayed, the country would remain a net importer of electricity.