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

May 2016
Average weighted price of balancing electricity purchased via ESCO: 10.2519912 Tetri/kWh
[More details...]
Price of balancing electricity for deregulated Power Plants: 1.17 Tetri/kWh
[More details...]

ESCO News:

Wednesday, 15 June 2016 :: ESCO News

Settlement Indicators of May 2016

In May 2016, the quantity of balancing electricity, purchased (sold) through ESCO was 18 337 033.20 kWh, which represents 2% of total...

Friday, 10 June 2016 :: ESCO News

The Memorandum of Understanding to be Signed with the Participation of ESCO

The Memorandum of Understanding to be Signed between the Millennium Challenge Fund, San Diego State University and the Ministry of Energy with...

Thursday, 09 June 2016 :: ESCO News

Corrected Price of Balancing Electricity

Selling price of balancing electricity for the reporting months - March and April, 2016 has been corrected. In March it has amounted...

Thursday, 02 June 2016 :: ESCO News

Information about Eligible Enterprise being registered as Wholesale Trade Participant

Starting from May 25, 2016, the Electricity System Commercial Operator, JSC has registered the Ltd MedGroup Georgia to take part in the...

Friday, 13 May 2016 :: ESCO News

Settlement Indicators of April 2016

In April 2016, the quantity of balancing electricity, purchased (sold) through ESCO was 154 606 849.9 kWh, which represents 18% of total...

Wednesday, 13 April 2016 :: ESCO News

Settlement Indicators of March 2016

In March 2016, the quantity of balancing electricity, purchased (sold) through ESCO was 210 394 434.1 kWh, which represents 22% of total...