ESCO News
From January 12, 2022, the registration of “Mtsire Energy” LTD as Small Power Plant (in the part of Intsoba HPP and Achi HPP) is cancelled by the Electricity Market Operator and in accordance with the “Electricity (Capacity) Market Rules”, it is no more considered as a wholesale trade participant.
From January 12, 2022, the Electricity Market Operator has registered the “C-C-E-H Hydro VIII” LTD to take part in the wholesale trade as a Small Power Plant in the part of Intsoba HPP and Achi HPP, in accordance with the “Electricity (Capacity) Market Rules”.
In December 2021, the quantity of balancing electricity, purchased (sold) through ESCO was 385 627 269.2 kWh, which represents 28% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 64 863 383.2.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In December, the Weighted Average Price of balancing electricity per kWh made up 16.8211009 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 12.304 Tetri.
From January 13, 2022, the Electricity Market Operator has registered the "L-Trade" LTD to take part in the wholesale trade as electricity wholesale supplier, in accordance with the “Electricity (Capacity) Market Rules”.
The former Deputy Minister of Economy and Sustainable Development, Mr. Davit Tvalabeishvili was appointed as the General Director of the Electricity Market Operator (ESCO).
The Minister of Economy and Sustainable Development Mrs. Natia Turnava introduced a new manager to the employees of the Company.
From December 20, 2021, the Electricity Market Operator has registered the “Hydro Energy” LTD (in the part of Akhatani) 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 December 08, 2021, the Electricity Market Operator has registered the “Mtsire Energy ” LTD to take part in the wholesale trade as a Small Power Plant in the part of Intsoba HPP, in accordance with the “Electricity (Capacity) Market Rules”.
From December 08, 2021, the registration of “Prime Energy” LTD as Small Power Plant (in the part of Intsoba HPP) is cancelled by the Electricity Market Operator and in accordance with the “Electricity (Capacity) Market Rules”, it is no more considered as a wholesale trade participant.
In November 2021, the quantity of balancing electricity, purchased (sold) through ESCO was 340 194 568.8 kWh, which represents 28% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 57 325 970.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In November, the Weighted Average Price of balancing electricity per kWh made up 16.8509362 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 12.304 Tetri.
