ESCO News
From November 22, 2025, the Electricity Market Operator has registered the LLC “El Hub” to take part in the wholesale trade as a Small Power Plant in the part of Kaspi Solar Power Plant, in accordance with the “Electricity (Capacity) Market Rules”.
From November 21, 2025, the Electricity Market Operator has cancelled the registration of LLC “El Hab“, in the part of Kaspi Solar Power Plant, 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.
From November 19, 2025, the Electricity Market Operator has registered the LLC “Alazani Solar” to take part in the wholesale trade as a Small Power Plant in the part of Jugaani Solar Power Plant, in accordance with the “Electricity (Capacity) Market Rules”.
From November 18, 2025, the Electricity Market Operator has cancelled the registration of LLC “Alazani Solar”, in the part of Jugaani Solar Power Plant, 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 October 2025, the quantity of balancing electricity, purchased (sold) through ESCO was 238,152,339.2 kWh, which represents 21% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 37,758,911.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In October, the Weighted Average Price of balancing electricity per kWh made up 15.8550058 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 11.677 Tetri.
On 6 November, the General Director of the Electricity Market Operator (ESCO), Mr. Tornike Kazarashvili, took part in the Georgia Energy Exhibition and Forum “GEEF-2025”. The session was held under the theme “From Strategy to Action – The Role of Supportive Regulations in the Development of Renewable Energy”.
From November 1, 2025, the Electricity Market Operator has registered the LLC “Kasleti 1” to take part in the wholesale trade as a Small Power Plant in the part of Kasleti 1 HPP, in accordance with the “Electricity (Capacity) Market Rules”.
From October 31, 2025, the Electricity Market Operator has cancelled the registration of LLC “Kasleti 1”, in the part of Kasleti 1 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.
As a result of the successful measures implemented and the significant work carried out to enhance cybersecurity, the Electricity Market Operator (ESCO) has been awarded the ISO 27001 certificate — an international standard for information security management.
The ESCO delegation, led by General Director Mr. Tornike Kazarashvili, participated in the General Assembly of EUROPEX, the Association of European Energy Exchanges and Market Operators, held in Slovakia. The Assembly’s discussion platform focused on key topics related to the regulation, integration, and development of European energy markets.
