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Monday, April 15, 2024

Georgia: SEMEC Chairman David Narmania explains delay in new model of electricity market

Tbilisi: The SEMEC Chairman David Narmania held a meeting with media representatives and introduced current issues in energy sector. He also explained the reasons behind the postponement of the new model of electricity market and noted that SEMEC had imposed additional measures for market participants. 

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Tbilisi: The SEMEC Chairman David Narmania held a meeting with media representatives and introduced current issues in energy sector. He also explained the reasons behind the postponement of the new model of electricity market and noted that SEMEC had imposed additional measures for market participants. 

“By the government’s decision, the opening of the market was postponed until July 1st, which was due to a number of reasons. One of the most important reasons for this decision are the challenges in the region. 

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Also, a significant factor is the Engurhes and Vardnilhes cascade readiness for the launch of the new market model. It’s imperative that both stations be prepared to generate at least 70-80% of their projected capacity, which is usually possible in the summer, given water levels. 

At the same time, we have heard several reports of State Electricity System, Energy Exchange and Esco regarding the readiness of the market to open. “They have done essential work, while there are still a number of measures to be taken that are also important for a smooth market opening,” David Narmania said.

The chairman of the SEMEC also talked about mechanisms for the acquisition of renewable energies and focused on the increase in the number of micropower plants included in the net deduction.

 “According to the latest data, 760 stations are included in the net-discharge system, the total set power exceeds 39 megawatts. There is more demand for micropower power plants in the region and today Energy Pro Georgia has 537 stations on the network. 

At the same time, the pace of development is increasing in Tbilisi. Increasing demand for net-transfer has been hindered by regulations supported by SEMEC. Among them, we increased the set capacity of the micropower plant to 500 kilowatt, introduced virtual use, when electricity can be generated at one address and used at another address, the key is that both addresses have the same distribution network. 

“The important news is that consumers can form a group to distribute excess power and share the generated electricity with them,” David Narmania said.

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According to David Narmania, among other projects, SEMEC is currently actively working on simplifying services and creating a single portal where users can perform all operations related to utility services.

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