29/09/2023

Today is the jubilee day of Ms. Nana Kurtanidze, Chief Specialist of the Financial Reporting and Accounting Department of the Electricity System Commercial Operator. ESCO wishes Ms. Kurtanidze a Happy Birthday with much love, respect, and best wishes...

28/09/2023

From September 26, 2023, the Electricity Market Operator has registered the “Magharo Capital” LLC to take part in the wholesale trade as Direct Customer, in accordance with the “Electricity (Capacity) Market Rules”.

26/09/2023

The General Director of the Electricity System Commercial Operator Mr. Kakhaber Keburia participated in the presentation of the Renewable Energy Promotion Component at the invitation of the "Make in Georgia" agency of the Ministry of Economy and Sustainable Development...

25/09/2023

From September 22, 2023, the Electricity Market Operator has registered the “Rouji” LLC to take part in the wholesale trade as a Wholesale Supplier of Electricity, in accordance with the “Electricity (Capacity) Market Rules”.

25/09/2023

The ESCO Director General Mr. Kakhaber Keburia participated in APEX (Association of Power Exchanges) 2023 Conference, organized by the Turkish Electricity Market Operator EPIAS/EXIST in Istanbul...

19/09/2023

A working meeting with representatives of the Ministry of Economy and Sustainable Development and the State Electricity System of Georgia was held in ESCO.

The meeting discussed the changes that are planned to be introduced to the "Electricity (Capacity) Market Rules". Preparation of the package of amendments and specific proposals were talked over.

15/09/2023

In August 2023, the quantity of balancing electricity, purchased (sold) through ESCO was 119 963 275 kWh, which represents 8% of total delivery to the grid in mentioned month. The cost of balancing electricity has made up GEL 16 368 024.

- The electricity sold through the direct contracts

- Balancing electricity

In August, the Weighted Average Price of balancing electricity per kWh made up  13.6441957 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.857 Tetri.

14/09/2023

The management of the Electricity Market Operator together with the relevant agencies held a working meeting with representatives of the Georgian State Electricity System.

The meeting discussed the issue of electricity flow with neighbouring countries and the possibility of working in parallel mode.

13/09/2023

On 13 September 2023, Kakhaber Keburia, General Director of the Electricity Market, together with the deputies and heads of relevant departments of ESCO held a working meeting with representatives of the Ministry of Economy and Sustainable Development of Georgia and JSC "Energy Development Fund of Georgia". During the meeting the terms and conditions of the "Guaranteed Power Purchase Agreement" to be signed with JSC "Chalik Georgia Wind" were discussed...

10/09/2023

Today, September 10, at the event dedicated to the Day of Georgian Power Engineer, which took place on the territory of the historic Zahesi Dam, the Deputy Minister of Energy and Sustainable Development of Georgia Romeo Mikutadze together with the General Director of the Electricity Market Operator Kakhaber Keburia and heads of other energy companies awarded Georgian power engineers with the title "Power Engineer of Georgia". ESCO is pleased to congratulate its employees Luiza Macharadze, Tsiuri Kalandadze and Zakro Kokhreidze on receiving this honorable award. I wish them health and many professional successes.