Settlement Indicators of May, 2024

In May 2024, the quantity of balancing electricity, purchased (sold) through ESCO was 274 406 385.0 kWh, which represents 20% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 34 063 206.6.

- The electricity sold through the direct contracts

- Balancing electricity

In May, the Weighted Average Price of balancing electricity per kWh made up 12.4134162 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 2.412 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 95%, the share of wind farm 2% and share of import – 3%.

Balancing Electricity Sellers

- HPP  - Import   - Wind Farm

In May 2024, the share of balancing electricity purchased by direct consumers from ESCO was 2% in total volume of balancing electricity. In May, the Dispatch Licensee bought balancing electricity to cover losses in the transmission network, whose share in the purchase of balancing electricity was 13%.

Balancing Electricity Buyers


 - Universal Service Supplier

 - Public Service Electricity Supplier

 -Distribution Licensee (to cover losses in the distribution network

 - Direct Consumer

 - GSE (to cover losses in the transmission network)

In May, total amount of guaranteed capacity actually provided by the sources of guaranteed capacity was GEL 15 854 609.00.