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,  2011-2015

Period 2011 2012 2013 2014 2015
January 9.2397417 9.2718309 9.9097900 11.2070787 13.3652487
February 9.2098026 9.7153931 9.9814694 11.2951704 15.3246106
March 8.2948832 9.9689641 9.3949609 11.1389695 14.8803192
April 8.4293130 8.8582425 7.3488438 10.7753611  13.6350588
May 2.4630807 3.9347031 2.1746099  1.1700000 7.9348208
June 1.2096797 5.5382933 2.3844578  1.1874314 8.0261265
July 2.5224023 3.1298345 6.2713143  6.5190201 9.0278149 
August 1.5763678 6.2041723 8.4279251  9.6994885  
September 8.2389586 8.8808572 8.0703734 10.0694433  
October 8.6508951 9.5760497 8.9075885 11.0613527  
November 9.5518901 9.2837991 10.0523957 11.7020506  
December 9.5023293 9.7503636 11.1519956 11.6013907  

 

 

See Also:

ESCO News:

Wednesday, 12 August 2015 :: ESCO News

Settlement Indicators of July 2015

In July 2015, the quantity of balancing electricity, purchased (sold) through ESCO was 40 332 533.3 kWh, which represents 4% of total...

Friday, 31 July 2015 :: ESCO News

Change of Weighted Average Tariff of Balancing Electricity

Correction was introduced to the settlement database, which led to the change of Weighted Average Tariff of Balancing Electricity to be sold...

Tuesday, 28 July 2015 :: ESCO News

Information about Eligible Enterprise being registered as Wholesale Trade Participant

Starting from July 28, 2015, ESCO has registered the JSC Energo-pro Georgia to take part in the wholesale trade as the importer.

Friday, 17 July 2015 :: ESCO News

Settlement Indicators of June 2015

In June 2015, the quantity of balancing electricity, purchased (sold) through ESCO was 27 151 086.8 kWh, which represents 3% of total...

Wednesday, 24 June 2015 :: ESCO News

ESCO Joins Europex

The Association of European Energy Exchange has voted in favor of gaining four new members.

Tuesday, 16 June 2015 :: ESCO News

Settlement Indicators of May 2015

In May 2015, the quantity of balancing electricity, purchased (sold) through ESCO was 25 759 312.5 kWh, which represents 3% of total...