Georgian Energy Exchange published an annual report, showing that electricity consumers in Georgia saved more than GEL 2.2 million in 2025 through transactions. The savings were generated as exchange-based electricity prices consistently undercut the cost of balancing electricity throughout the year.
Trading activity expanded sharply. A total of 129,753.8 MWh of electricity was traded on the exchange in 2025, almost 7.5 times higher than the volume recorded in 2024. The average weighted price of electricity sold on the platform was 131.4 GEL per MWh, equivalent to 13.14 tetri per kWh.
The report notes that in every month of 2025, the price of balancing electricity remained above the exchange’s average traded price. This price gap allowed buyers to save approximately GEL 2.265 million over the year, a more than fivefold increase compared to savings of around GEL 400,000 in 2024.
Despite strong annual growth, trading activity froze toward the end of the year. No transactions were recorded on the exchange during the fourth quarter of 2025. By the end of the year, 25 market participants were registered on the platform.
The report also confirms a further delay in the full liberalization of Georgia’s electricity market. The transitional market model, which was initially scheduled to conclude in 2025, has been extended until 2027. Under the current framework, electricity is traded through hourly products while balancing energy is settled on a monthly basis. Once the market is fully implemented, it is expected to include day-ahead and intraday hourly trading, alongside balancing and ancillary services markets.
