ESCO News
From August 11, 2017, the Electricity Market Operator has registered LLC “Hydro Development Company” 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”.
From August 14, 2017, the Electricity Market Operator has registered the “Energy Gas and Power” Ltd to take part in the wholesale trade as exporter, in accordance with the “Electricity (Capacity) Market Rules” .
From August 14, 2017, the Electricity Market Operator has registered the “Energy Gas and Power” Ltd to take part in the wholesale trade as importer, in accordance with the “Electricity (Capacity) Market Rules”.
In July 2017, the quantity of balancing electricity, purchased (sold) through ESCO was 57 794 013.3 kWh, which represents 5% of total delivery to the grid in mentioned month. The cost of Balancing Electricity have made up GEL 6 885 629.12.
♦ - Sold through the direct contracts
♦ - Balancing electricity
In July, the Weighted Average Price of balancing electricity per kWh made up 11.9140872 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.496 Tetri/kWh
From August 05, 2017, the Electricity Market Operator has registered the JSC „AE-SGI Energy I“ to take part in the wholesale trade as Small Power Plant, in accordance with the “Electricity (Capacity) Market Rules” .
On August 4, 2017, the Electricity Market Operator has cancelled the registration of JSC „AE-SGI Energy I“, 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, 2017, the Electricity Market Operator has registered the “Adjaristsqali Georgia” LTD 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”.
On July 25, business meeting with the World Bank experts - Arthur Kochnakyan and Abgar Budaghyan and the Senior Operations Officer, Europe & Central Asia Region Energy & Extractives Global Practice, Mr. Joseph Melitauri was held at the office of ESCO...
In June 2017, the quantity of balancing electricity, purchased (sold) through ESCO was 54 838 250.4 kWh, which represents 5% of total delivery to the grid in mentioned month. The cost of Balancing Electricity have made up GEL 6 787 099.
♦ - Sold through the direct contracts
♦ - Balancing electricity
In June, the Weighted Average Price of balancing electricity per kWh made up 12.1870003 Tetri, while the price of balancing electricity of the deregulated hydro power plants was 1.496 Tetri/kWh
From June 27, 2017, the Electricity Market Operator has registered the “MG Renewables” LTD to take part in the wholesale trade as a Small Power Plant, in accordance with the “Electricity (Capacity) Market Rules”.
