“Georgia is ready for the hourly market,” – Tron Engebrethsen, the new director of the Supervisory Board of the company Adjaristsqali Georgia/Shuakhevi Hydro Power Plant said. According to him, the implementation of the mentioned reform in the energy sector will help electricity producers to better optimize the production. According to him, the implementation of the mentioned reform in the energy sector will help electricity producers to better optimize production.
"The opening of the electricity market in all countries was a political and not a sectoral change. I think Georgia is ready for the hourly market. This will help electricity producers and the country to always generate energy from the cheapest sources. Price volatility, which is the result of the previous day's market performance, is more difficult for consumers to adjust to. For large professional users, it is easier, because they can make financial deals directly with manufacturers.
For households, it is more difficult, and there are usually wholesale companies that sell electricity at a given rate to small customers and take the necessary risks – of course, in exchange for a certain price. After some time, they will probably start selling contracts to households for a spot price and add a service fee to the agreed price," - Tron Engebrethsen stated.
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