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

October 2016
Average weighted price of balancing electricity purchased via ESCO: 10.9982939 Tetri/kWh
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Price of balancing electricity for deregulated Power Plants: 11.303 Tetri/kWh
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ESCO News:

Monday, 05 December 2016 :: ESCO News

Information about the Registration of Wholesale Trade Participant

From December 05, 2016, the Electricity Market Operator has registered the “Adjaristsqali Georgia” LLC to take part in the wholesale trade as...

Friday, 02 December 2016 :: ESCO News

Information about the Registration of Wholesale Trade Participant

From November 28, 2016, the Electricity Market Operator has registered the “Maksania 2014” LTD to take part in the wholesale trade as...

Tuesday, 29 November 2016 :: ESCO News

Information about the Registration of Wholesale Trade Participant

From November 29, 2016, the Electricity Market Operator has registered the “Hydro Development Company” LTD to take part in the wholesale trade...

Tuesday, 15 November 2016 :: ESCO News

Information about the Registration of Wholesale Trade Participant

From November 10, 2016, the Electricity Market Operator has registered the “Kartli Wind Power Plant” LTD to take part in the wholesale...

Friday, 11 November 2016 :: ESCO News

Settlement Indicators of October 2016

October 2016, the quantity of balancing electricity, purchased (sold) through ESCO was 102 630 777 kWh, which represents 11% of total delivery...

Thursday, 10 November 2016 :: ESCO News

Information about the Registration of Wholesale Trade Participant

From 09 November, 2016, the Electricity Market Operator has registered the JSC Georgian State Electrosystem to take part in the wholesale trade...