ESCO News
In order to prevent the possible spread of Coronavirus (COVID-19) and by the decree of Georgian Government, the JSC "Electricity Market Commercial Operator" switches to a partially distant operation mode. The ESCO management has assigned the part of the employees, who will perform their duties distantly and do not particularly need to be at work.
Jesus was Resurrected! The Electricity Market Operator congratulates you on the glorious holiday of Easter. May the Resurrection of our Savior Jesus Christ be the precondition for the glorious end of the pandemic, successful revival of the economy and restoration of energetic efficiency for the benefit of our country.
In March 2020, the quantity of balancing electricity, purchased (sold) through ESCO was 328 748 177.4 kWh, which represents 31% of total delivery to the grid in mentioned month. The cost of balancing electricity have made up GEL 60 706 881.
♦ - The electricity sold through the direct contracts
♦ - Balancing electricity
In March, the Weighted Average Price of balancing electricity per kWh made up 18.4660737 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 12.304 Tetri.
From March 27, 2020 the Electricity Market Operator has registered the “Gardabani Thermal Power Plant 2” LTD (in the part of Gardabani Thermal Power Plant 2) to take part in the wholesale trade as Generation Licensee, in accordance with the “Electricity (Capacity) Market Rules”.
From March 26, 2020, the registration of “Gardabani Thermal Power Plant 2” LTD as Direct Customer is cancelled by the Electricity Market Operator and in accordance with the “Electricity (Capacity) Market Rules”, it is no more considered as a wholesale trade participant.
In February 2020, the quantity of balancing electricity, purchased (sold) through ESCO was 275 887 217.8 kWh, which represents 24% of total delivery to the grid in mentioned month. The cost of balancing electricity have made up GEL 38 303 600.0.
♦ - The electricity sold through the direct contracts
♦ - Balancing electricity
In February , the Weighted Average Price of balancing electricity per kWh made up 13.8837893Tetri, while the price of balancing electricity of the deregulated hydro power plants was 12.304 Tetri.
From March 04, 2020, the Electricity Market Operator has registered the “Gardabani Thermal Power Plant 2” LTD to take part in the wholesale trade as Direct Customer (in the part of Gardabani TPP 2), in accordance with the “Electricity (Capacity) Market Rules”.
From March 03, 2020, the registration of “Gardabani Thermal Power Plant 2” LTD (in the part of Gardabani Thermal Power Plant 2) as Power Plant – during the test run and comprehensive testing is cancelled by the Electricity Market Operator and in accordance with the “Electricity (Capacity) Market Rules”, it is no more considered as a wholesale trade participant.
From February 27, 2020, the Electricity Market Operator has registered the “Keystone Consulting” Ltd to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules”.
From February 27, 2020, the Electricity Market Operator has registered the "Keystone Consulting" LTD to take part in the wholesale trade as electricity wholesale supplier, in accordance with the “Electricity (Capacity) Market Rules”.
