Electricity supply as an important component of energy security: a statistical analysis

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Date
2024
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Ivane Javakhishvili Tbilisi State University Press
Abstract
The presented paper concerns the statistical study of one of the important components of energy security – electricity supply. It is evident that energy security is one of the most crucial parts of national security, and ensuring it is an essential condition for the economic development of any country, including Georgia. The paper analyzes official statistical data and identifies recent trends. Also, Various statistical methods are used to calculate relevant indicators. The research found that trends in electricity supply reflect the impact of pronounced seasonal factors, which are clearly observed in the surplus and deficit in the electricity balance. Specifically, this is seen in electricity exports during the summer and imports in the winter. Based on the identified trends and calculated indicators, the paper presents reasoned conclusions and recommendations.
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IX International Scientific Conference: "Challenges of Globalization in Economics and Business", Proceedings , Tbilisi, 2024, pp. 89-98
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