ESCO News
In June 2020, the quantity of balancing electricity, purchased (sold) through ESCO was 209 226 528.6 kWh, which represents 21% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 28 089 499.4.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In June, the Weighted Average Price of balancing electricity per kWh made up 13.1741005 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.358 Tetri.
From July 02, 2020, the Electricity Market Operator has registered the “ELECTRA GEORGIA” LTD to take part in the wholesale trade as electricity wholesale supplier, in accordance with the “Electricity (Capacity) Market Rules”.
From July 02, 2020, the Electricity Market Operator has registered the “ELECTRA GEORGIA” LTD to take part in the wholesale trade as importer, in accordance with the “Electricity (Capacity) Market Rules”.
From July 02, 2020, the Electricity Market Operator has registered the “ELECTRA GEORGIA” LTD to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules”.
From June 26, 2020, the Electricity Market Operator has registered the “GEORGIAN ENERGY TRADING COMPANY” LTD to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules”.
In May 2020, the quantity of balancing electricity, purchased (sold) through ESCO was 250 051 710.2 kWh, which represents 27% of total delivery to the grid in mentioned month. The cost of balancing electricity have made up GEL 33 026 012.4.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In May, the Weighted Average Price of balancing electricity per kWh made up 13.2076731 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.358 Tetri.
From June 03, 2020, the Electricity Market Operator has registered the “ALN COMMODITY” LTD to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules”.
From June 03, 2020, the Electricity Market Operator has registered the “ALN COMMODITY” LTD to take part in the wholesale trade as electricity wholesale supplier, in accordance with the “Electricity (Capacity) Market Rules”.
In April 2020, the quantity of balancing electricity, purchased (sold) through ESCO was 211 116 722.9 kWh, which represents 22% of total delivery to the grid in mentioned month. The cost of balancing electricity have made up GEL 33 789 508.5.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In April, the Weighted Average Price of balancing electricity per kWh made up 16.0888149 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 12.304 Tetri.
On April 16, 2020, at the invitation of the Secretariat of the "Energy Union", ESCO participated in an online seminar organized by the EU4Energy Project - "Electricity Market and Trade". The main goal of the seminar was to share experiences between member states on the ongoing processes in the development of the electricity market within the framework of the "Energy Union".
