JSC Electricity System Commercial Operator "ESCO"

 The Electricity System Commercial Operator commenced functioning in the power sector of Georgia on September 1, 2006. The Commercial Operator is viewed in one context in line with other energy entities of the electric energy sector and represents one of the liquid and important links of the energy system value chain. With the contribution of ESCO human and functional capacities Georgia is an electricity exporting country while the electricity energy sector is the area promising wide future perspectives for the economy of Georgia.

The Electricity System Commercial Operator functions are:

• Sale and Purchase of balancing electricity (capacity) (inter alia through forming medium and long-term contracts on import and export).
• Trade with Guaranteed Capacity in accordance to the Law of Georgia on “Electric Energy and Natural Gas” and the Electricity (Capacity) Market Rules.
• Set up and operate unified database on the wholesale trade including unified metering register.
• Inspection of meters used in the wholesale metering.
• Support construction of the new hydro power plants.
• Execution of other functions defined by the Law.
 

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Directions of Activity:

 

Price of Balancing Electricity

August 2016
Average weighted price of balancing electricity purchased via ESCO: 9.9939446 Tetri/kWh
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Price of balancing electricity for deregulated Power Plants: 1.17 Tetri/kWh
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ESCO News:

Wednesday, 21 September 2016 :: ESCO News

Simplified Electronic Tender

Simplified Electronic Tender (SPA 160025348) was announced on September 21, 2016. The object of the purchase is office repair work, which costs...

Tuesday, 13 September 2016 :: ESCO News

Settlement Indicators of August 2016

In August 2016, the quantity of balancing electricity, purchased (sold) through ESCO was 30 348 692.7 kWh, which represents 3% of total...

Tuesday, 30 August 2016 :: ESCO News

Corrected Price of Balancing Electricity

Settlement database for June, 2016 has been corrected. ESCO’s sale price for the Balancing Electricity has changed to 9.2944467 Tetri/kWh.

Tuesday, 30 August 2016 :: ESCO News

Simplified Electronic Tender

Simplified Electronic Tender (SPA 160023859) was announced on August 29, 2016. The object of the purchase is office repair work, which costs...

Thursday, 18 August 2016 :: ESCO News

Corrected Price of Balancing Electricity

Settlement database for June, 2016 has been corrected. ESCO’s sale price for the Balancing Electricity has changed to 10.6246635 Tetri/kWh.

Thursday, 18 August 2016 :: ESCO News

Workshop in Baku

On July 29, the Electricity Market Operator participated in the trilateral meeting of the Georgian, Azerbaijani and Russian energy companies held in...