BAKU, Azerbaijan, Dec.4
By Tamilla Mammadova – Trend:
Unbundling of transmission and distribution system operators has to be finalized by the end of 2020 according to the new Law on Energy and Water Supply in Georgia, Trend reports via Energy Community Secretariat's annual implementation report.
As reported, the Connection Network Codes and the Transparency Regulation are transposed and their implementation has started.
The wholesale market is based on bilateral contracts. Excessive public service obligations still apply to all thermal power plants and a large portion of hydropower capacity.
"According to the Electricity Market Concept Design of April 2020, day-ahead, balancing and ancillary services markets are to be launched by July 1, 2021. The Georgian Energy Exchange has been established and the organized markets are in the testing phase. REMIT is not transposed," the report said.
All consumers are still supplied at regulated prices, except for customers consuming more than 5 million kWh per month and connected to 35-100 kV or 6-10 kV. The Electricity Market Concept Design defines a gradual retail market opening, starting with large and medium voltage customers on July 1, 2021.
Georgia is not interconnected with other Contracting Parties nor EU Member States.
"Thus, no regional integration at the Energy Community level is taking place at present," the report said.
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