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,  2011-2016

Period 2011 2012 2013 2014 2015 2016
January 9.2397417 9.2718309 9.9097900 11.2070787 13.3652487 13.4281142
February 9.2098026 9.7153931 9.9814694 11.2951704 15.3246106 13.6103928
March 8.2948832 9.9689641 9.3949609 11.1389695 14.8800802 8.2131922
April 8.4293130 8.8582425 7.3488438 10.7753611  13.6350586 10.5698605
May 2.4630807 3.9347031 2.1746099  1.1700000  7.9348814 10.2519912
June 1.2096797 5.5382933 2.3844578  1.1874314  8.0266727  
July 2.5224023 3.1298345 6.2713143  6.5190201  9.0276339  
August 1.5763678 6.2041723 8.4279251  9.6994885 13.6377642  
September 8.2389586 8.8808572 8.0703734 10.0694433 13.6731351  
October 8.6508951 9.5760497 8.9075885 11.0613527 12.4068478  
November 9.5518901 9.2837991 10.0523957 11.7020506 13.1407901  
December 9.5023293 9.7503636 11.1519956 11.6013907  13.1332049  

 

 

See Also:

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...