Trading in electric capacity

JSC "KOREM" holds annual centralized electricity capacity trading aimed at providing domestic energy sources with additional investment to maintain the technical condition of their main equipment.

In order to conduct centralized trading in electric capacity, KOREM JSC provides a service for organizing and conducting centralized trading in electric capacity, which includes:

• registration of participants in centralized auctions of electric power;
• organization and conduct of centralized trading of electric power;
• instructing centralized participants on how to work with the trading system;
• maintaining the trading system in constant working order for centralized trading of electric power.

The service of JSC "KOREM" for organizing and conducting centralized auctions of electric power is paid by participants of centralized auctions of electric power in the amount of 2,200,000 (two millions two hundred thousand) tenge without VAT.

Electricity capacity trading is intended for concluding transactions between trading participants (the single buyer and an energy-producing organization) on a special electronic trading platform, using generally accepted exchange principles and modern internet technologies.

Centralized electricity capacity trading is conducted in the form of a one-sided auction. Centralized electricity capacity trading is conducted separately for each zone of the Unified Power System of the Republic of Kazakhstan (the Northern and Southern zones of the Unified Power System, the Mangystau region of the Western zone of the Unified Power System, and the West Kazakhstan and Atyrau regions of the Western zone of the Unified Power System), taking into account the transmission capacity of power lines.

Applications for participation in the trading are accepted after the opening of the trading session, in accordance with the Schedule for Conducting Centralized Electricity Capacity Trading approved by the centralized trading market operator, posted on the website of the Company.

Applications for participation in the trading are submitted via the Internet.

The period for providing the electrical capacity readiness maintenance service is one calendar year.

Based on the results of electricity capacity trading, transactions are concluded, on the basis of which trading participants independently conclude agreements among themselves for the provision of electrical capacity readiness maintenance services at the prices specified in the sale bids.

Based on the results of the trading, the following are determined:

1. The volume of electrical capacity purchased (sold).
2. The list of energy-producing organizations whose sale bids were included in the trading volumes.