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Centralized trading of electric power: results for the Northern and Southern zones of Kazakhstan's UES zone
On November 19, 2025, centralized auctions of electric power in the Northern and Southern zones of Kazakhstan’s UES zone were held on the trading platform of «KOREM» JSC, taking into account the North-South capacity.
To conduct centralized trading of electric power, the following initial parameters were provided to JSC «KOREM» by a Single buyer and a System Operator:
- forecast demand for electric power in the Northern and Southern zones of Kazakhstan’s UES zone – 6 379.5 MW, including 4 689 MW in the Northern Zone of Kazakhstan’s UES zone, 1 690.5 MW in the Southern zone of Kazakhstan’s UES zone;
- the capacity of power transmission lines connecting the Northern and Southern zones of Kazakhstan’s UES zone is 1,100 MW.
To limit the unreasonable increase in capacity prices within the trading system, a price cap for the service of maintaining electric capacity readiness was applied at the level of 1,170 thousand KZT/MW per month (excluding VAT), as approved by Order No. 401-н/қ of the Minister of Energy of the Republic of Kazakhstan dated October 22, 2025, “On the approval of price caps for the service of maintaining electric capacity readiness.”
22 energy-producing organizations took part in centralized auctions of electric capacity.
According to the results of centralized trading of electric power, the total volume of sold capacity in the Northern and Southern zones of Kazakhstan’s UES zone amounted to 6 379.5 MW, including in the Northern zone of the UES of the Republic of Kazakhstan – 4 689 MW and in the Southern zone of the UES of the Republic of Kazakhstan – 1 690.5 MW. The number of concluded transactions in the trading system was 22. The weighted average price according to the results of centralized trading of electric capacity was 1 168.9 thousand tenge/MW per month (excluding VAT).
The total volume of applications from energy-producing organizations submitted to the trading system amounted to 7 692 MW.
The unrealized volume of services for maintaining the availability of electric power amounted to 1 312.5 MW.
Representatives of the Kazakhstan’s Energy Ministry, LLP "Settlement and Financial Center for Support of Renewable Energy Sources” took part as observers at the centralized auctions of electric power.
You can find the results of centralized trading of electric power here.
