ESCO News
In August 2022, the quantity of balancing electricity, purchased (sold) through ESCO was 144 134 700.4 kWh, which represents 10% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 21 956 827.6.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In August the Weighted Average Price of balancing electricity per kWh made up GEL 21 956 827.6, while the price of balancing electricity of the deregulated hydro power plants was 1.857 Tetri.
From September 8, 2022, the Electricity Market Operator has registered the “Energy Trading Group” LLC to take part in the wholesale trade as a Wholesale Supplier of Electricity, in accordance with the “Electricity (Capacity) Market Rules”.
David Tvalabeishvili, General Director of the Georgian Electricity Market Operator (ESCO) attended a meeting sponsored by the United States Agency for International Development (USAID) to outline cooperation and new perspectives between the Georgian and Armenian electricity systems...
From September 1, 2022, the Electricity Market Operator has cancelled the registration of General Partnership “Khanhesi Egnate Dvalishvili” (In part of Khan 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 September 1, 2022, the Electricity Market Operator has cancelled the registration of “Iota Synergy” LTD (In part of Dagva 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.
In July 2022, the quantity of balancing electricity, purchased (sold) through ESCO was 180 580 318.8 kWh, which represents 9% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 20 786 806.5.
◼ - The electricity sold through the direct contracts
◼ - Balancing electricity
In July the Weighted Average Price of balancing electricity per kWh made up 11.5111141 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.857 Tetri.
From August 12, 2022, the Electricity Market Operator has registered the “L.G Power Solutions” LTD to take part in the wholesale trade as a Small Power Plant in the part of Natseshari HPP, in accordance with the “Electricity (Capacity) Market Rules”.
From August 11, 2022, the Electricity Market Operator has cancelled the registration of “L.G Power Solutions” LTD, in the part of Natseshari HPP, as a Power Plant - During the Test Run and/or a Comprehensive Testing and in accordance with the “Electricity (Capacity) Market Rules”, it is no more considered as a wholesale trade participant.
From August 01, 2022, the Electricity Market Operator has registered the “Metal Construction Georgia” LLC to take part in the wholesale trade as Direct Customer, in accordance with the “Electricity (Capacity) Market Rules”.
From August 9, 2022, the Electricity Market Operator has registered the “Euro Metal+” LLC to take part in the wholesale trade as Direct Customer, in accordance with the “Electricity (Capacity) Market Rules”.
