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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 of the Order of the Minister of Energy of the Republic of Kazakhstan of 05.08.2016 No. 376)

According to the subitem 39) 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 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

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 of July 9, 2004 "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) the pay-sheet - the document constituted by the operator of the market of centralized trade by electrical energy 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;

2) minimization of number of couples - the mechanism providing minimizing the number of the concluded bargains;

3) 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";

4) 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;

5) transaction price - the price of electrical energy determined during the second trading session of the centralized biddings for the medium-term, long-term periods and on spot biddings "within operational days" (the price specified in the demanded counter request);

6) the ranged schedule - the ordered list of requests of bidders at the prices declared in them, and in case of the equal prices - on time of their receipt in trade system;

7) the uniform price of purchase (sale) - the price of electrical energy determined during the first trading session of the centralized biddings for the medium-term and long-term periods, comparison of the ranged demand schedules and offers;

8) the list of couples "buyer seller" - the document constituted by the operator of the market of centralized trade by electrical energy in which vapors "buyer seller" are registered;

9) trade system - complex of the organizational, technical, program components providing carrying out the centralized biddings;

10) the bidder - the subject of the wholesale market of electrical energy who signed the agreement of participation in the market of centralized trade by electrical energy and registered by the operator of the market by trade system;

11) the operator of the biddings - the ranking officer of the subject of the wholesale market of electrical energy who was trained by the operator of the market of centralized trade by electrical energy on work in trade system and having access to passwords competent to enter information connected with participation in the biddings;

12) the register of the bargains concluded at the biddings - the document constituted by the operator of the market of centralized trade by electrical energy, confirming the conclusion of transactions at the centralized biddings;

13) trading session - process during which submission of applications for participation in the biddings is performed and also is performed determination of the price, amounts of the purchased (sold) electrical energy and couples "buyer seller" by results of the centralized biddings;

14) the period of nature protection release - period of time during which according to the legislation of the Republic of Kazakhstan on use of water resources, the power making organizations - hydroelectric power stations perform water releases;

15) ensuring payment - the money of participants of the centralized biddings placed by them in the servicing bank prior to carrying out spot biddings in the amount of the cost of amounts of electrical energy of the submitted application, which are ensuring proper execution of the concluded bargains;

16) method of the continuous counter biddings - the mechanism of carrying out centralized trade by electrical energy in case of which the arriving requests are satisfied at the expense of the available counter requests;

17) the agreement of participation in the market of centralized trade by electrical energy - the written agreement signed between the subject of the wholesale market of electrical energy and the operator of the market of centralized trade by electrical energy about participation in centralized trade by electrical energy;

18) the application for participation in centralized trade by electrical energy - the official declaration (address) of the bidder on participation in the centralized biddings for purchase (sale) of electrical energy with indication of the price, amount and the term of deliveries of electrical energy;

19) the market of centralized trade by electrical energy - organized trading floor for purchase and sale of electrical energy on short-term (spot biddings), medium-term (week, month) and long-term (quarter, year) the periods;

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