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I.O'S ORDER. MINISTER OF ENERGY OF THE REPUBLIC OF KAZAKHSTAN

of July 29, 2016 No. 361

About approval of Rules of forming and use of reserve fund

According to subitem 9-2) of article 6 of the Law of the Republic of Kazakhstan of July 4, 2009 "About support of use of renewable energy resources" PRIKAZYVAYU:

1. Approve the enclosed Rules of forming and use of reserve fund (further - Rules).

2. To provide to department on renewable energy resources 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 of the copy of this order on official publication in periodic printing editions and information system of law of Ad_let, and also in the Republican state company on the right of economic maintaining "The republican center of legal information" of the Ministry of Justice of the Republic of Kazakhstan" within ten calendar days after its state registration in the Ministry of Justice of the Republic of Kazakhstan;

3) placement of this order on official Internet resource of the Department of Energy of the Republic of Kazakhstan and 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.

Deputy. Minister of Energy of the Republic of Kazakhstan

M. Mirzagaliyev

It is approved

Deputy Minister of national economy of the Republic of Kazakhstan

August 1, 2016

 

_______________ M. Kusainov

 

Approved by the Order of the acting minister of power industry of the Republic of Kazakhstan of July 29, 2016 No. 361

Rules of forming and use of reserve fund

Chapter 1. General provisions

1. These rules of forming and use of reserve fund (further - Rules) are developed according to subitem 9-2) of article 6 of the Law of the Republic of Kazakhstan "About support of use of renewable energy resources" (further - the Law) and determine procedure for forming and use of reserve fund.

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

1) forecast year - calendar year on which calculation of costs is made;

2) cash gap - the temporary lack of money arising in consequence not of payment or payment delay from conditional consumers for the electric power delivered to them made by objects for use of renewable energy resources;

3) costs for forming of reserve fund - the actual and/or forecast costs of settlement financial center on forming of reserve fund.

Other concepts and determinations used in these rules are applied according to the legislation of the Republic of Kazakhstan in the field of support of use of renewable energy resources.

Chapter 2. Procedure for forming of reserve fund

3. The settlement financial center creates reserve fund by assignment of money for the bank account which is specially created for these purposes in bank of the second level of the Republic of Kazakhstan.

4. The reserve fund is created in national currency of the Republic of Kazakhstan.

5. The size of reserve fund constitutes three percent from the size of annual costs of settlement financial center on purchase of electrical energy from objects for use of renewable energy resources.

6. The settlement financial center on the basis of information provided by the power making organizations using renewable energy resources and authorized body according to items 4 and 6 Rules of determination of rate for support of the renewable energy resources approved by the order of the Minister of Energy of the Republic of Kazakhstan of February 20, 2015 No. 118 (it is registered in the Register of state registration of regulatory legal acts for No. 10622) (further - Rules of determination of rate for support of RES) annually till December 30 performs:

1) calculation of costs for forecast year for purchase of the electrical energy made from renewable energy resources by the power making organizations using renewable energy resources on zones of consumption of electrical energy;

2) calculation of costs for forecast year for forming of reserve fund on zones of consumption of electrical energy on formula:

Формула к Приказу от 29.07.2016 №361

ZRF - the costs for forming of reserve fund of forecast year relating to zone of consumption Zi;

Zrf.pp - the costs directed to forming of reserve fund, for the beginning of forecast year;

Zfiks - annual costs of settlement financial center on purchase of the electrical energy made by objects for use of renewable energy resources in zone of consumption Zi determined according to Rules of determination of rate for support of RES;

3% - the size of reserve fund from the size of annual costs of settlement financial center on purchase of electrical energy from objects for use of renewable energy resources;

Zi - consumption zone.

7. The costs for forming of reserve fund specified in the subitem 2) of Item 6 of these rules are considered by settlement financial center in rate for support of renewable energy resources according to Rules of determination of rate for support of RES.

8. Costs for forming of reserve fund are subject to monthly adjustment depending on change of settlement data.

9. The power making organizations using renewable energy resources monthly in ten calendar days prior to month of delivery provide to settlement financial center information on forecast amounts of development, leave in network of electrical energy until the end of the current year.

10. The settlement financial center determines difference between the forecast and actually developed costs for forming of reserve fund of month prior to settlement month.

If forecast costs for forming of reserve fund, will appear less or will exceed the actual size necessary for forming of reserve fund in the month preceding settlement month, the settlement financial center makes recalculation and redistributes this difference for the remained period until the end of the current calendar year.

Provisions of this Item do not extend for the last month of calendar year.

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