The National Statistics Office of Georgia reported a modest increase in domestic electricity production for 2023, with a 1% year-on-year rise, reaching a total of 14.39 billion kilowatt-hours.

In addition to electricity, other energy resources also saw growth during the year. Crude oil production reached 38,900 tonnes, reflecting a 6.3% increase compared to 2022. Coal extraction rose by 1.2% to 148,000 tonnes, while the natural gas sector experienced a notable expansion, with production reaching 16.4 million cubic meters, a 12.3% increase from the previous year. Firewood production saw a minimal rise of 1%, totaling 1.11 million cubic meters.

Electricity remained the dominant energy source, constituting 77.7% of the production structure, followed by energy derived from biofuel and waste, primarily wood, at 13.1%. Other energy resources contributed smaller proportions, as reported by the Office.

Despite the increase in energy production, final electricity consumption declined by 8.3%, falling to 12.26 billion kilowatt-hours in 2023. Natural gas demand showed a slight increase, reaching 3.36 billion cubic meters, a 0.2% rise from the previous year. However, final consumption of natural gas slightly decreased by 0.5% to 2.51 billion cubic meters, largely due to reduced usage in road transport and certain industrial sectors, although residential consumption rose by 0.4%.

Petroleum product consumption increased by 5.8%, with 1.45 million tonnes consumed. In terms of energy resource consumption, natural gas accounted for 42%, followed by petroleum products at 29%, and electricity at 20%. Coal made up 4% of total energy consumption, while the remaining 4.5% was derived from biofuels, geothermal, and solar energy.

Sectoral analysis revealed that the largest consumers of energy resources were the transport sector (33.3%) and the residential sector (30.9%). The industrial sector accounted for 16.1%, followed by construction at 4.5%, and agriculture, forestry, and fishing at 0.6%. The remaining 14.6% was consumed by private and public services and other sectors.