ESCO News
In May 2019, the quantity of balancing electricity, purchased (sold) through ESCO was 127 188 162.5 kWh, which represents 12% of total delivery to the grid in mentioned month. The cost of balancing electricity have made up GEL 9 359 587.6.
♦ - The electricity sold through the direct contracts
♦ - Balancing electricity
In May, the Weighted Average Price of balancing electricity per kWh made up 7.3632110 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.818 Tetri.
From June 01, 2019, the Electricity Market Operator has registered the “SVANETI HYDRO” JSC to take part in the wholesale trade as Generation Licensee in the part of MESTIACHALA 1 HPP, in accordance with the “Electricity (Capacity) Market Rules”.
From May 31, 2019, the Electricity Market Operator has cancelled the registration of “SVANETI HYDRO” JSC as a Power Plant - During the Test Run and/or a Comprehensive Testing (in the part of MESTIACHALA 1 HPP) and in accordance with the “Electricity (Capacity) Market Rules”, it is no more considered as a wholesale trade participant.
From June 05, 2019, the Electricity Market Operator has registered the “COINMANIA” LTD to take part in the wholesale trade as electricity wholesale supplier, in accordance with the “Electricity (Capacity) Market Rules”.
From June 05, 2019, the Electricity Market Operator has registered the “COINMANIA” Ltd to take part in the wholesale trade as importer, in accordance with the “Electricity (Capacity) Market Rules”.
From June 05, 2019, the Electricity Market Operator has registered the “COINMANIA” LTD to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules”.
From May 30, 2019, the registration of “GEO SERVERS” 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.
From May 30, 2019, the Electricity Market Operator has registered the “GEO MAINTENANCE” LTD to take part in the wholesale trade as Direct Customer, in accordance with the “Electricity (Capacity) Market Rules”.
From May 30, 2019, the Electricity Market Operator has registered the “ENERGO INVEST” LTD (in the part of AVANI 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”.
Mr. Zaza Dvalishvili was appointed as Acting Director of the Electricity Market Operator.
Today, Mrs. Natia Turunava, Minister of Economy and Sustainable Development, and Mr. David Tvalabeishvili, Deputy Minister of Economy, visited ESCO. Mrs. Natia Turnava presented Mr. Zaza Dvalishvili as Acting General Director of ESCO.
