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ORDER OF THE MINISTER OF ENERGY OF THE REPUBLIC OF KAZAKHSTAN

of February 24, 2015 No. 137

About approval of Rules of the organization of the centralized biddings by electrical energy

(as amended on 27-01-2022)

According to the subitem 39) article 5 of the Law of the Republic of Kazakhstan "About power industry" PRIKAZYVAYU:

1. Approve the enclosed Rules of the organization of the centralized biddings by 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 24, 2015 No. 137

Rules of the organization of the centralized biddings by electrical energy

Chapter 1. General provisions

1. Rules of the organization of the centralized biddings are developed by electrical energy (further - Rules) according to the subitem 39) of article 5 of the Law of the Republic of Kazakhstan "About power industry" (further - the Law) and determine procedure for the organization of the centralized biddings by electrical energy.

2. In these rules the following basic concepts are used:

1) method of bilateral auction - the mechanism of carrying out the centralized biddings by electrical energy based on determination of the price by comparison of the ranged demand schedules and the offer;

2) the pay-sheet - the document constituted by the operator of the market of centralized trade following the results of the centralized biddings and sent to the servicing bank for implementation of settlement according to the bargains concluded at the centralized biddings;

3) minimization of number of couples - the mechanism providing minimizing the number of the concluded couples "seller buyer";

4) clearing price - the price of electrical energy for each hour of operational days determined by comparison of the ranged demand schedules and offers for calculations of purchase and sale of electrical energy following the results of spot biddings in the mode "in day ahead";

5) the servicing bank - the bank determined by the operator of the market of centralized trade by electrical energy and performing financial settlement of obligations of participants of the centralized biddings according to the bargains concluded at the biddings;

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