ESCO News
From October 17, 2019, the Electricity Market Operator has registered the “Trading Solutions” LTD to take part in the wholesale trade as electricity wholesale supplier, in accordance with the “Electricity (Capacity) Market Rules”.
The Electricity Market Operator had an advisory meeting with the representatives of Spanish Energy Company „Acciona Energy” and EMEA (Europe, Middle East and Africa) Business Development Directorate.
In September 2019, the quantity of balancing electricity, purchased (sold) through ESCO was 286 968 458.1 kWh, which represents 29% of total delivery to the grid in mentioned month. The cost of balancing electricity have made up GEL 42 578 920.0.
♦ - The electricity sold through the direct contracts
♦ - Balancing electricity
In September, the Weighted Average Price of balancing electricity per kWh made up 14.8374913 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 10.614 Tetri.
From October 01, 2019, the Electricity Market Operator has registered the “PSHAVELA” LDT to take part in the wholesale trade as a Small Power Plant in the part of “PSHAVELA” HPP, in accordance with the “Electricity (Capacity) Market Rules”.
From October 01, 2019, the registration of “GEORGIAN WATER AND POWER” LTD (in the part of “Pshavelahesi”) as Small Power Plant 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 September 03, 2019, the Electricity Market Operator has registered the “BUKSI HESI” JSC to take part in the wholesale trade as a Small Power Plant in the part of “NABEGLAVI” HPP, in accordance with the “Electricity (Capacity) Market Rules”.
From September 03, 2019, the registration of “HESI I” LTD (in the part of “Nabeglavihesi”) as Small Power Plant 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 August 2019, the quantity of balancing electricity, purchased (sold) through ESCO was 213 186 275.2 kWh, which represents 19% of total delivery to the grid in mentioned month. The cost of balancing electricity have made up GEL 30 453 719.32.
♦ - The electricity sold through the direct contracts
♦ - Balancing electricity
In August, the Weighted Average Price of balancing electricity per kWh made up 14.2850281 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.818 Tetri.
According to the decree of the Minister of Economy and Sustainable Development of Georgia, a new general director - Mr. Zaza Dvalishvili will be in charge of the JSC “Electricity System Commercial Operator” from August 21, 2019.
From August 16, 2019, the Electricity Market Operator has registered the “ENERGO INVEST” LTD to take part in the wholesale trade as a Small Power Plant in the part of “AVANI” HPP, in accordance with the “Electricity (Capacity) Market Rules”.
