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 November 2024
In November 2024, the quantity of balancing electricity, purchased (sold) through ESCO was 490 315 212.4 kWh, which represents 42% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 75 957 772.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In November, the Weighted Average Price of balancing electricity per kWh made up 15.4973755 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 12.713 Tetri.
INFORMATION
From December 10, 2024, the Electricity Market Operator has registered the “Power Bridge” LLC to take part in the wholesale trade as a Wholesale Supplier of Electricity, in accordance with the “Electricity (Capacity) Market Rules”.
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From November 22, 2024, the Electricity Market Operator has registered the “ET Synergy” LLC to take part in the wholesale trade as a Wholesale Supplier of Electricity, in accordance with the “Electricity (Capacity) Market Rules”.
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From October 24, 2024, the Electricity Market Operator has registered the „Cross Boarder Trading“ LLC to take part in the wholesale trade as an importer, in accordance with the “Electricity (Capacity) Market Rules”.
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From October 21, 2024, the Electricity Market Operator has registered the “V-M-G-A Hydro” LLC (in the part of Dageti 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”.
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