Turkey electricity imports from Georgia hit record high
By Oguzhan Ozsoy, Thursday, July 03, 2014
ANKARA - Turkey's electricity imports from Georgia will hit record highs, according to the energy sector officials on Thursday.
Turkey started to import around 275 megawatts of electricity (per month) from Georgia through private energy companies as of Tuesday night, the officials told Anadolu Agency.
Turkey previously imported 15 megawatt levels from Georgia representing a daily 300 thousands kilowatts per hour of electricity. Currently, Turkey will import a daily rate of 5 million kilowatts per hour of electricity, said officials.
Three private companies importing electricity from Georgia, AKSA, Energo-Pro and KGM Energy took out trading licences for 275 megawatts of energy from Turkey's Energy Market Regulatory Authority (EMRA).
The 275 megawatts of electricity was transmitted to Turkey on the Ahiska-Borcka power transmission line.
Energy companies transferred the electricity because of the more competitive pricing than Turkey's domestic production allowing savings to be made.
Turkey and Georgia established Ahiska-Borcka power transmission line in December 2013, but Turkey as yet has not reached its target electricity imports from Georgia as the lack of the rainfall this year in the country has impacted its ability to generate its quota of hydro power. Georgia has rich hydro power resources, and the country meets the majority of its generation from hydro power plants.
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