ESCO News
In July 2023, the quantity of balancing electricity, purchased (sold) through ESCO was 123 653 218.2 kWh, which represents 8% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 16 880 570.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In July, the Weighted Average Price of balancing electricity per kWh made up 13.6044995 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.857 Tetri.
General Director of the “Electricity Market Operator” Mr. Kakhaber Keburia and Deputy General Director Mr. Alexander Papiashvili met with ENERGY CHINA representatives Mr. Sun Jie and Mr. Chen Feng.
Deputy Director of the “Electricity Market Operator” Alexander Papiashvili met with representatives of “Toyota Tsusho Corporation” and “Eurus Energy”- Fumihiko Sato and Tomotaka Watanabe.
From August 02, 2023, the Electricity Market Operator has registered the “Parvus” LLC to take part in the wholesale trade as a Small Power Plant in the part of Roshka HPP, in accordance with the “Electricity (Capacity) Market Rules”.
From August 01, 2023, the Electricity Market Operator has cancelled the registration of “Parvus” LLC, in the part of Roshka HPP, as a Power Plant - During the Test Run and/or a Comprehensive Testing and in accordance with the “Electricity (Capacity) Market Rules”, it is no more considered as a wholesale trade participant.
From July 21, 2023, a new general director will lead the Electricity Market Operator. Mr. Kakhaber Keburia is one of the prominent figures in the electricity sector of Georgia, with many years of experience and management practice.
From August 1, 2023, the Electricity Market Operator has cancelled the registration of “Global Energy” LLC (In part of Pantiani HPP) as a Small Power Plant and in accordance with the “Electricity (Capacity) Market Rules”, it is no more considered as a wholesale trade participant.
From July 13, 2023, the Electricity Market Operator has registered the “Parvus” LLC (in the part of Roshka HPP) 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”.
In June 2023, the quantity of balancing electricity, purchased (sold) through ESCO was 100 171 363.9 kWh, which represents 7% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 12 468 687.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In June, the Weighted Average Price of balancing electricity per kWh made up 12.141311 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.857 Tetri.
From June 22, 2023, the Electricity Market Operator has registered the “Georgian Feroelloy Group” LLC to take part in the wholesale trade as an importer, in accordance with the “Electricity (Capacity) Market Rules”.