< GENEX

NEWS

CHANGES IN THE ELECTRICITY MARKET CONCPET

Resolution # 89 of the Government of Georgia On February 28, 2022, amends the Resolution # 246 of the Government of Georgia of April 16, 2020 "On Approval of the Concept of Electricity Market Model".

The launching of Day-ahead and Balancing and Ancillary Services Market is defined as September 1st,2022 accordingly the deadlines for the preparatory measures for the gradual transition to the target model were adjusted too.

As for ensuring the operation of the Intraday market - the deadline was set for December 1st, 2022.