Settlement Indicators of December 2023

In December 2023, the quantity of balancing electricity, purchased (sold) through ESCO was 304 174 189 kWh, which represents 27% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 44 578 526.

- The electricity sold through the direct contracts

- Balancing electricity

In December, the Weighted Average Price of balancing electricity per kWh made up 14.6555913 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 12.017 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 48%, the share of wind farm 2.1%, the share of TPP’s – 49.3% and share of import – 0.2%.


Balancing Electricity Sellers

- HPP  - TPP  - Import  - Wind Farm

In December 2023, the share of balancing electricity purchased by direct consumers from ESCO was 2.8 % in total volume of balancing electricity. In December, the Dispatch Licensee bought balancing electricity to cover losses in the transmission network, whose share in the purchase of balancing electricity was 7.5%.

Balancing Electricity Buyers


 - Public Service Electricity Supplier

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

 - Direct Consumer

 - GSE (to ensure the transit losses)

 - GSE (to cover losses in the transmission network)

 - Export

In December, total amount of guaranteed capacity actually provided by the sources of guaranteed capacity was GEL 11 495 342.