Settlement Indicators of March 2023

In March 2023, the quantity of balancing electricity, purchased (sold) through ESCO was 314 192 163.2 kWh, which represents 19% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 43 621 040.

◼ - The electricity sold through the direct contracts

◼ - Balancing electricity

In March, the Weighted Average Price of balancing electricity per kWh made up 13.8835547 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 11.668 Tetri.

During the mentioned reporting period, the balancing electricity, purchased by ESCO, mainly consisted of the electricity generated by HPP’s. The share of hydro power plants in total volume of balancing electricity was 82%, the share of wind farm 2.2%, the share of TPP’s –14% and share of import – 1.8%.

Balancing Electricity Sellers

◼ - HPP ◼ - TPP ◼ - Import ◼ - Wind Farm

In March 2023, the share of balancing electricity purchased by direct consumers from ESCO was 3% in total volume of balancing electricity. In March, the Dispatch Licensee bought balancing electricity to cover losses in the transmission network, whose share in the purchase of balancing electricity was 7%.

Balancing Electricity Buyers

◼ - Public Service Electricity Supplier

◼ - Distribution Licensee (to cover losses in the distribution network)

◼ - Direct Consumer

◼ - GSE (to cover losses in the transmission network)

◼ - GSE (to ensure the transit losses)

In March, total amount of guaranteed capacity actually provided by the sources of guaranteed capacity was GEL 15 973 346.00.