ESCO News
From April 21, 2023, the Electricity Market Operator has registered the “Cross Energy” LLC to take part in the wholesale trade as a Wholesale Supplier of Electricity, in accordance with the “Electricity (Capacity) Market Rules”.
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.
From March 30, 2023, the Electricity Market Operator has registered the “AIS” LLC to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules”.
From March 29, 2023, the Electricity Market Operator has registered the ‘Trading Solutions” LLC to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules”.
From March 28, 2023, the Electricity Market Operator has registered the “Bookup Solutions” LLC to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules”.
In February 2023, the quantity of balancing electricity, purchased (sold) through ESCO was 222 151 787.0 kWh, which represents 19% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 32 111 460.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In February, the Weighted Average Price of balancing electricity per kWh made up 14.4547384 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 11.506 Tetri.
From March 10, 2023, the Electricity Market Operator has registered the “GTM Group” LLC to take part in the wholesale trade as a Small Power Plant in the part of Korsha HPP, Roshka 1 HPP, Roshka 2 HPP and Roshka 3 HPP, in accordance with the “Electricity (Capacity) Market Rules”.
From March 9, 2023, the Electricity Market Operator has cancelled the registration of LLC “Parvus Group”, in the part of Korsha HPP, Roshka 1 HPP, Roshka 2 HPP and Roshka 3 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 March 6, 2023, the Electricity Market Operator has registered the “EAAC” LLC to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules”.
From March 6, 2023, the Electricity Market Operator has registered the “EAAC” LLC to take part in the wholesale trade as importer, in accordance with the “Electricity (Capacity) Market Rules”.
