Settlement Indicators of August 2023

In August 2023, the quantity of balancing electricity, purchased (sold) through ESCO was 119 963 275 kWh, which represents 8% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 16 368 024.

 - The electricity sold through the direct contracts

 - Balancing electricity

In August, the Weighted Average Price of balancing electricity per kWh made up  13.6441957 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.857 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 87%, the share of wind farm 5.59%, the share of TPP’s –7.4% and share of import – 0%.


Balancing Electricity Sellers

- HPP  - TPP  - Import  - Wind Farm

In August 2023, the share of balancing electricity purchased by direct consumers from ESCO was 14.3 % in total volume of balancing electricity. In August, the Dispatch Licensee bought balancing electricity to cover losses in the transmission network, whose share in the purchase of balancing electricity was 25.4%.


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)

 - Export

In August, total amount of guaranteed capacity actually provided by the sources of guaranteed capacity was GEL 5 073 613.