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ORDER OF THE MINISTER OF ENERGY OF THE REPUBLIC OF KAZAKHSTAN

of February 20, 2015 No. 106

About approval of Rules of the organization and functioning of the wholesale market of electrical energy

(The last edition from 25-12-2017)

According to the subitem 9) article 5 of the Law of the Republic of Kazakhstan of July 9, 2004 "About power industry" PRIKAZYVAYU:

1. Approve the enclosed Rules of the organization and functioning of the wholesale market of electrical energy.

2. To provide to department of power industry of the Department of Energy of the Republic of Kazakhstan in the procedure established by the legislation of the Republic of Kazakhstan:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) the direction on official publication of this order within ten calendar days after its state registration in the Ministry of Justice of the Republic of Kazakhstan in periodic printing editions and in information system of law of Ad_let;

3) placement of this order on official Internet resource of the Department of Energy of the Republic of Kazakhstan and on the intranet portal of state bodies;

4) within ten working days after state registration of this order in the Ministry of Justice of the Republic of Kazakhstan submission to Department of legal service of the Department of Energy of the Republic of Kazakhstan of data on execution of the actions provided by subitems 2) and 3) of this Item.

3. To impose control of execution of this order on the supervising vice-Minister of Energy of the Republic of Kazakhstan.

4. This order becomes effective after ten calendar days after day of its first official publication.

Minister of Energy of the Republic of Kazakhstan

B. School student

Approved by the Order of the Minister of Energy of the Republic of Kazakhstan of February 20, 2015 No. 106

Rules of the organization and functioning of the wholesale market of electrical energy

1. General provisions

1. These rules of the organization and functioning of the wholesale market of electrical energy (further - Rules) are developed according to the subitem 9) of article 5 of the Law of the Republic of Kazakhstan of July 9, 2004 "About power industry" (further - the Law) and determine procedure for the organization and functioning of the wholesale market of electrical energy.

2. In Rules the following concepts and determinations are used:

1) the actual balance of production consumption of electrical energy in the wholesale market of electrical energy of the Republic of Kazakhstan - the document constituted by the system operator establishing address distribution of amounts of the made, delivered and consumed electrical energy in the markets of the decentralized and centralized trade, the balancing market of electrical energy for settlement period. The actual balance is the basis for carrying out settlement between subjects of the wholesale market of electrical energy of the Republic of Kazakhstan;

2) the market of centralized trade by electrical energy - organized trading floor for purchase and sale of electrical energy on short-term (spot biddings "within operational days" and in the mode "in day ahead"), medium-term (week, month) and long-term (quarter, year) the basis;

3) the purchase and sale agreement of electrical energy - the agreement signed between subjects of the wholesale market of electrical energy on purchase (sale) of contractual amounts of electrical energy with their physical delivery to certain period;

4) transit of electrical energy - service in use of power networks of one or several adjacent countries for transfer of electrical energy from power supply system of other country;

5) object for use of renewable energy resources - the technical devices intended for production of electrical and (or) heat energy with use of renewable energy resources, and constructions and the infrastructure technology necessary for operation of object for use of renewable energy resources interconnected with them and which are on balance of the owner of object for use of renewable energy resources.

Other concepts and determinations used in these rules are applied according to the legislation of the Republic of Kazakhstan in the field of power industry.

3. The wholesale market of electrical energy in the Republic of Kazakhstan represents the system of the relations connected with purchase and sale of electrical energy, functioning on the basis of agreements between subjects of the wholesale market of electrical energy and consists from is interconnected the operating markets:

1) the market of the decentralized purchase and sale of electrical energy;

2) market of centralized trade by electrical energy;

3) the balancing market of electrical energy;

4) market of system and support services.

2. Procedure for the organization of the wholesale market of electrical energy

4. For participation in the wholesale market of electrical energy subjects of the wholesale market of electrical energy are allowed.

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