ESCO News
From June 23, 2025, the Electricity Market Operator has registered the “Metenergy” LLC to take part in the wholesale trade as a Wholesale Supplier of Electricity, in accordance with the “Electricity (Capacity) Market Rules”.
From June 18, 2025, the Electricity Market Operator has registered the “”Parvus Basra” LLC to take part in the wholesale trade as a Small Power Plant in the part of Basra 1 HPP and Basra 3 HPP, in accordance with the “Electricity (Capacity) Market Rules”.
From June 17, 2025, the Electricity Market Operator has cancelled the registration of “Parvus Basra” LLC, in the part of Basra 1 HPP and Basra 3 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.
In May 2025, the quantity of balancing electricity, purchased (sold) through ESCO was 266 417 568.9 kWh, which represents 20% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 36 190 716.4.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In May , the Weighted Average Price of balancing electricity per kWh made up 13.6303233 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 4.021 Tetri.
From March 26, 2025, the Electricity Market Operator has registered the “Chiora Hesi” LLC (in the part of Chiora 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”.
From June 3, 2025, the Electricity Market Operator has registered the “Ktsia-95” LLC to take part in the wholesale trade as an Exporter, in accordance with the “Electricity (Capacity) Market Rules”.
The Electricity System Commercial Operator (ESCO) participated in the second “Electricity Market Integration Forum” (EMIF), held on May 20 in Brussels at the European Parliament. Deputy General Director Mr. Aleksandre Papiashvili and Head of the International and Investor Relations Department Ms. Tamar Tsurtsumia represented ESCO at the forum.
In April 2025, the quantity of balancing electricity, purchased (sold) through ESCO was 321 408 803.5 kWh, which represents 28% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 53 778 383.5.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In April, the Weighted Average Price of balancing electricity per kWh made up 16.7324946 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 12.677 Tetri.
From May 13, 2025, the Electricity Market Operator has registered the “Aquaenergy Trading” LLC to take part in the wholesale trade as a Wholesale Supplier of Electricity, in accordance with the “Electricity (Capacity) Market Rules”.
