GEL Official Rate
WELCOME TO THE WEBSITE OF ESCO
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 very efficient. In parallel mode, the English version is also updated.
Settlement Indicators of May, 2024
In June 2024, the quantity of balancing electricity, purchased (sold) through ESCO was 163 289 272.8 kWh, which represents 11% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 24 089 199.3.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In June, the Weighted Average Price of balancing electricity per kWh made up 14.7403672 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 2.412 Tetri.
INFORMATION
Please be informed, that changes to the Standard Conditions of Direct Contract on
Selling and Buying the Balancing Electricity and Guranteed Capacity Sale made by the the Decisions N23/2, N23/3 და N23/4 of 27 June 2024 of Georgian National Energy and Water Supply Regulatory Commission have been registered by Electricity Market Operator and Dispatch Licensee in accordance with the legislation.
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The Electricity System Commercial Operator is delighted to announce the opening of Georgia's first Power Exchange. After extensive preparatory efforts, Georgia's electric energy sector has launched the Power Exchange today, on July 1, 2024, with the transitional model proposed by ESCO.️ From today onwards, voluntary trading of electricity on the Exchange is now possible.
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From July 1, 2024, the Electricity Market Operator has registered the “Georgian Energy Exchange” JSC to take part in the wholesale trade as the Exchange Operator, in accordance with the “Electricity (Capacity) Market Rules”.
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Kakhaber Keburia, General Director of the Electricity System Commercial Operator, on the opening of the transitional model of the Power Exchange on July 1, 2024, in the program: "Business Rustavi2."
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