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 11.2964292
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  9.6994934
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 11.0613507
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  

 

 

See Also:

ESCO News:

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...

Friday, 14 November 2014 :: ESCO News

Settlement Indicators for October 2014

In October 2014, the quantity of balancing electricity bought (sold) through ESCO made 139 552 594.7 kWh. This quantity represents 16% of...

Tuesday, 04 November 2014 :: ESCO News

Meeting With the Minister of Energy

Georgian Energy Minister Kakha Kaladze held the working meeting with the Electricity Market Operator (ESCO) today. ESCO General Director Vakhtang Ambokadze submitted...