23/03/2022

From March 22, 2022, the Electricity Market Operator has registered the “Electricity Traider” LLC to take part in the wholesale trade as an importer, in accordance with the “Electricity (Capacity) Market Rules”.

21/03/2022

On March 16-17, within the framework of the European Commission's TAIEX program, a seminar "Managing Renewable Energy Support Mechanisms in the Electricity Market" was held, organized by the Electricity Market Operator, the purpose of which is to exchange European experience in the reform process. 

19/03/2022

From March 20, 2022, the Electricity Market Operator has cancelled the registration of “Hydro Energy” LTD, in the part of Akhatani HPP, as a Power Plant During the Test Run and/or a Comprehensive Testing and in accordance with the “Electricity (Capacity) Market Rules”, it is no more considered as a wholesale trade participant.

18/03/2022

From March 18, 2022, the Electricity Market Operator has registered the “AUSTRIAN GEORGIAN DEVELOPMENT” LTD to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules”.

15/03/2022

In February 2022, the quantity of balancing electricity, purchased (sold) through ESCO was 370 535 989.3 kWh, which represents 30% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 72 991 197.1

- The electricity sold through the direct contracts

- Balancing electricity

In February the Weighted Average Price of balancing electricity per kWh made up 19.6988145 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 4.653 Tetri.

07/03/2022

On March 7, 2022, ESCO announced the Electronic Tender NAT220004533 for the procurement of training services, which includes knowledge of safety, technical operation, fire safety and first aid in the field of electrical equipment in accordance with the requirements of CST ISO/IEC 17024:2012/2014. Estimated purchase price is GEL1 000.00 GEL. The call for proposals ends at 12:00, on March 15, 2022.

02/03/2022

From February 24, 2022, the Electricity Market Operator has registered the “Berali Hesi” LTD (in the part of Berali HPP) to take part in the wholesale trade as Power Plant - During The Test Run And/Or Complex Testing, in accordance with the “Electricity (Capacity) Market Rules”.

17/02/2022

On February 15, 2022, ESCO announced the Electronic Tender NAT220003139 for the purchase of computer equipment (CPV3020000). The estimated cost of the purchase is GEL14323. The deadline for accepting proposals is at 13:30 on February 23, 2022

15/02/2022

Under the leadership of ESCO General Director Mr. David Tvalabeishvili, regular meetings are held to discuss and improve draft documents/rules related to the performance of the responsible and important function of ESCO as a wholesale public supplier in the new electricity market model.

14/02/2022

In January 2022, the quantity of balancing electricity, purchased (sold) through ESCO was 413 263 138.1 kWh, which represents 29% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 75 958 661.6.

- The electricity sold through the direct contracts

- Balancing electricity

In January, the Weighted Average Price of balancing electricity per kWh made up 18.3802170 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 4.653 Tetri.