Balance Electricity Price

Pricing of balance electricity is carried out according to Article 14 of “The Electricity (Capacity) Market Rules”, approved by the Order #77 (dated August 30, 2006) of Georgian Minister of Energy.

 Weighted Average Tariff of the Balancing Electricity to be Sold by ESCO,  2007-2014

Period 2007 2008 2009 2010 2011 2012 2013 2014
January 6.3841842 8.9586593 7.4776906 8.4933015 9.2397417 9.2718309 9.9097900 11.2070787
February 3.7774030 9.0544218 5.6061113 7.6895581 9.2098026 9.7153931 9.9814694 11.2951704
March 6.0761266 6.5695617 6.6547892 5.9157509 8.2948832 9.9689641 9.3949609 11.1389695
April 6.4129693 2.6071601 7.3520027 6.8498100 8.4293130 8.8582425 7.3488438 10.7753611
May 4.3028817 3.3399728 2.8616380 1.2469266 2.4630807 3.9347031 2.1746099  1.1700000
June 4.3646000 3.2473842 1.2761454 1.9615987 1.2096797 5.5382933 2.3844578  1.1874314
July 2.2246350 2.4328364 1.6843159 1.6942037 2.5224023 3.1298345 6.2713143  6.5190201
August 4.3203945 5.4627573 1.8111503 1.6165359 1.5763678 6.2041723 8.4279251  9.6994885
September 7.0880928 7.4443510 8.8644481 4.2787176 8.2389586 8.8808572 8.0703734 10.0694433
October 8.9582100 8.7283871 8.9042771 9.1368240 8.6508951 9.5760497 8.9075885 11.0613527
November 9.0527028 9.1138766 8.3889357 7.1510748 9.5518901 9.2837991 10.0523957 11.7020506
December 9.7056084 9.2944551 8.0400563 6.6767399 9.5023293 9.7503636 11.1519956 12.0717395

 

 

See Also:

ESCO News:

Friday, 16 January 2015 :: ESCO News

Settlement Indicators for December 2014

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Tuesday, 30 December 2014 :: ESCO News

Correction has been introduced to the settlement bases

Correction has been introduced to the settlement bases of the year 2014. As a result, the Weighted Average Prices of Balancing...

Friday, 12 December 2014 :: ESCO News

Settlement Indicators for November 2014

In November 2014, the quantity of balancing electricity bought (sold) through ESCO made 152 849 437.4 kWh, which represents 16% of total...

Monday, 01 December 2014 :: ESCO News

Information about Cancelling the Registration of Eligible Enterprise as the Wholesale Trade Participant

From December 1, 2014, the JSC Electricity System Commercial Operator cancelled the registration of participation in wholesale trade of the Tbilisi Transport...

Friday, 28 November 2014 :: ESCO News

Information about Cancelling the Registration of Eligible Enterprise as the Wholesale Trade Participant

From December 1, 2014, the JSC Electricity System Commercial Operator canceled the registration of participation in wholesale trade of the "Eastern Energy...

Monday, 17 November 2014 :: ESCO News

Amendment to the Market Rules

According to the Order #119 (dated November 13, 2014) of the Minister of Energy of Georgia, the amendment has been introduced to...