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ORDER OF THE MINISTER OF ENERGY OF THE REPUBLIC OF KAZAKHSTAN

of February 20, 2015 No. 112

About approval of Rules of functioning of the balancing market of electrical energy

(as amended on 24-12-2020)

According to the subitem 12) article 5 of the Law of the Republic of Kazakhstan of July 9, 2004 "About power industry" PRIKAZYVAYU:

1. Approve the enclosed Rules of functioning of the balancing 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, except for Item 5 of Rules which is effective till January 1, 2022.

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. 112

Rules of functioning of the balancing market of electrical energy

1. General provisions

1. These rules of functioning of the balancing market of electrical energy (further - Rules) are developed according to the subitem 12) 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 functioning of the balancing market of electrical energy.

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

1) settlement period - calendar month by results of which final settlements of amounts of purchase and sale of electrical energy under agreements in the markets of the decentralized and centralized trade of electrical energy, the balancing market of electrical energy of the Republic of Kazakhstan are made;

2) settlement center - the affiliated organization of the system operator performing transactions on purchase and sale of the balancing electric power in the balancing market on behalf of the system operator;

3) settlement financial center on support of renewable energy resources (further - settlement financial center) - the legal entity created by the system operator and determined by authorized body according to the procedure, provided by the Law of the Republic of Kazakhstan of July 4, 2009 "About support of use of renewable energy resources", performing centralized purchase and sale of the electrical energy made by objects for use of renewable energy resources and delivered in power networks of single electric utility system of the Republic of Kazakhstan;

4) loading profile - approved (determined) system operator algorithm of calculation of hourly values of consumption (balance overflow) of electrical energy of the consumer (who is power supplying the organizations). The profile of loading is used for calculation of hourly actual sizes of consumption (balance overflow) in the absence of hourly these systems (devices) of commercial accounting;

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