GEL Official Rate

21.07.2018→22.07.2018 Change
USD 2.4503 2.4417 -0.0086
EUR 2.8433 2.8436 0.0003
TRY 0.5072 0.5080 0.0008
RUB 0.0386 0.0384 -0.0001
AZN 1.4456 1.4401 -0.0055
AMD 0.0051 0.0051 -0.0000

WELCOME TO ESCO NEW WEBSITE

The website of the Electricity Market Operator, in terms of its technical features and content is the best possible product in this field. Simple design, easy access through the links and quite informative news blocks will help you find the required info swiftly and effortlessly. Having historic database on the website is a good way to view and analyze the statistics. Operative data of current reporting period, regardless its forecasting nature, helps the interested individuals in planning their activities. The electricity export/import/transit news blocks are interesting and informative. The process of updating data on our website is most effective. In parallel mode, the English version is also updated.

Settlement Indicators of June 2018

In June 2018, the quantity of balancing electricity, purchased (sold) through ESCO was 46 784 986.5 kWh,

which represents 4% of total delivery to the grid in mentioned month. The cost of balancing electricity have made up GEL 5 939 770.

- Sold through the direct contracts

- Balancing electricity

In June, the Weighted Average Price of balancing electricity per kWh made up 12.6958890 Tetri, while the price of balancing electricity of the deregulated hydro power plants was  1.818 Tetri/kWh.

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INFORMATION

20/07/2018

In ESCO, two-day meetings were held related to the new model of electricity market, as part of technical support of the Energy Community.

The meetings were attended by the representatives of Energy Community, Slovenian Power Market Operator (BORZEN), Slovenian Power Exchange and the Association of European Energy Exchanges (EUROPEX). They will study the current situation and prepare a recommendation document for Georgia for the operation of electricity market, taking into account the best European practices and features of our market.


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20/07/2018

As part of the modernization and reform of Georgian Electricity Market and the existing electricity trading model, ESCO's representatives have traveled together with the delegation from “G4G”, Georgia Customs and GSE to the Capital City of Serbia - Belgrade on a business trip, organized by USAID. The purpose of this business trip was to familiarize the Georgian delegation with the Serbian model of Customs’ procedures and clearance of cross-border trade of electricity.


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19/07/2018

On 17 July 2018, at 12:00 o’clock Georgian Time, at ESCO’s office, attended by the authorized representatives of applicant companies, documentations presented by the companies taking part in expression of interest on import of electricity into the Georgian Power System in August 2018, made public on 10 July 2018, was revealed for review.   

Two companies have expressed their interest in conducting an Import of electricity to Georgia – “Elgreen Holdings Incorporated” and “Интер Рао ЕЭС”.

The best offer was submitted and subsequently declared a winner – “Интер Рао ЕЭС”.


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17/07/2018

From July 13, 2018, the Electricity Market Operator has registered the “Kutaisi Investments” LTD to take part in the wholesale trade as Direct Customer, in accordance with the “Electricity (Capacity) Market Rules”.


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All News

BALANCING ELECTRICITY PRICE (OPERATIONAL)

01-19/07/2018

GUARANTEED CAPACITY (OPERATIONAL)

01-19/07/2018

DAILY BALANCE

01-19/07/2018

TRANSBOUNDARY FLOWS (CURRENT)

Actual Inflow
Actual Outflow
19/07/2018