From September 21, 2024, the Electricity Market Operator has cancelled the registration of  “Georgian Investment Group Energy” LLC (in the part of Khobi 2 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 October 1, 2024, the Electricity Market Operator has cancelled the registration of “Electricity Provider” LLC as a wholesale provider of the electricity and in accordance with the “Electricity (Capacity) Market Rules”, it is no more considered as a wholesale trade participant.

The General Director of the Electricity System Commercial Operator (ESCO), Kakhaber Keburia, participated in a global energy system event, held on 25th August this year in Paris, organized by the International Council on Large Electric Systems (CIGRE). The event brought together 9,000 participants from over 100 countries in the energy industry, including 3,600 international experts and other key decision-makers.

From August 2024, the Electricity System Commercial Operator introduced a significant innovation to the sector. Starting from this period, ESCO, in collaboration with the Dispatch Licensee, began the electronic registration of direct contracts and contractual applications based on the changes made to the Electricity (Capacity) Market Rules on 2nd August 2024. This is facilitated through the “Electronic Portal for Contract Registration” available on ESCO's website.