GEL Official Rate
WELCOME TO THE WEBSITE OF ESCO
The website of the Electricity Market Operator, in terms of its technical features and content is the best possible product in this field. Simple design, easy access through the links and quite informative news blocks will help you find the required info swiftly and effortlessly. Having historic database on the website is a good way to view and analyze the statistics. Operative data of current reporting period, regardless its forecasting nature, helps the interested individuals in planning their activities. The electricity export/import/transit news blocks are interesting and informative. The process of updating data on our website is very efficient. In parallel mode, the English version is also updated.
Settlement Indicators of August 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
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”.
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”.
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.
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.