Irina Milorava, the former head of Georgian National Energy and Water Supply Regulatory Commission (GNERC) will head the Georgian Energy Exchange established several days ago.
In Milorava’s words,
a goal of the Energy Exchange is to sign bilateral agreements, prepare,
organize and coordinate special arrangements for shaping daily org
The Energy market was established by instruction and coordination of Ministry of Economy and with a50%-50% co-ownership of Georgian State Electrosystem (GSE) and Electricity System Commercial Operator (ESCO).
The electricity market will launch operation in 2021 and its aims to establish day-before, hourly market and balance mechanism.