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it_requirements_for_bm - Hydropower Investment Promotion Projects

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Determine market clearing price and volume of electric<strong>it</strong>y assigned oneach market.Active coordination w<strong>it</strong>h TSOPublish in<strong>for</strong>mation regarding market resultsPropose enhancements of power sector according to the market rulesConsequently, MO will be obliged to publish all relevant in<strong>for</strong>mation on <strong>it</strong>s webs<strong>it</strong>e inorder to support proper functioning of power system and eliminate market distortions.For the effective functioning of Georgian power system all market participants need topredict their production and consumption in accordance to electric<strong>it</strong>y supply anddemand balance and available transmission capac<strong>it</strong>ies. Thus, market in<strong>for</strong>mationprovided by MO is largely used by market participants <strong>for</strong> the analysis of expectedgeneration and consumption levels <strong>for</strong> the future (next day).5.1 Market Data provided by ESCORecent in Georgian electric<strong>it</strong>y market ESCO is responsible <strong>for</strong> the publication ofelectric<strong>it</strong>y market data. According to existing structure of Georgian electric<strong>it</strong>y sector,ESCO provides following in<strong>for</strong>mation to all market participants:1. Energy balancesa. Total generation by month according to power plantsb. Plant Losses and Self-consumption by monthc. Total consumption by month according to distribution companies anddirect customersd. Transportation Expenses by monthe. Import-export by month2. Electric<strong>it</strong>y trading (Power Generation/Selling and Consumption/Purchase)a. Generation/salei. Total import by month based on countriesii. Volumes of electric<strong>it</strong>y generated by TPPs and HPPs by monthiii. Total volume of electric<strong>it</strong>y sold to ESCOb. Consumptioni. Volumes of electric<strong>it</strong>y consumed by distribution companies anddirect customersii. Total export by month based on countriesiii. Totally Delivered and Purchased Electric<strong>it</strong>y by market participantsfrom ESCO3. Purchased balancing electric<strong>it</strong>ya. Volume of Balancing Electric<strong>it</strong>y Sold through ESCO by month, year4. Sold Balancing electric<strong>it</strong>ya. Volume of Balancing Electric<strong>it</strong>y Purchased from ESCO27|P a g e

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