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BECOME MEMBER

 

Registration is required to trade on the Exchange. To register as an exchange participant following criteria should be met:

  • A person willing to become an exchange participant should employ a qualified trade representative who will trade on the exchange on its behalf
  • A person willing to become an exchange participant should own an adequate technical facility necessary for trading 
  • A person willing to become an exchange participant should be registered as a Balance Responsible Party (BRP) or be a member of a balance group

A person which meets those criteria should submit a Registration Application to GENEX in accordance with the Day-ahead and Intraday Market Rules

 


  UPCOMING CHANGE

According to the Transitory Measure to be Implemented in the Electricity Sector, approved by the Georgian Energy and Water Supply Regulatory Commission (Decree #58, Nov 12, 2020), before March 1, 2021, GENEX should submit for approval an Application form for Exchange Participation, developed in consultation with interested parties, in accordance with para 2 of Art 12 of Day-ahead and Intraday Market Rules.

 

Electricity undertakings that are obliged to trade on the Exchange in accordance with Electricity Market Model Concept Design, should be registered as Day-ahead market participants in accordance with Art. 12 of Day-ahead and intraday market rules, before June 23, 2021. 

 

Follow the link to see all information on transitory measures

 


For inquiry on registration issues, please send an email to GENEX at mail@genex.ge or arrange a meeting with GENEX