On June 22, 2018, as part of the preparations for the introduction of the electric power market since 2019, imitation trading capacity for the Southern Zone of the Unified Electric Power System of Kazakhstan (UES) was conducted. This work is aimed at a large-scale explanation to the participants of the forthcoming functioning of the electric power market and testing of the software product of “KOREM” JSC.
Simulation trading capacity for the Southern zone of the UES was conducted with the following initial parameters:
- the declared prices of the participants in the northern zone for the right to sell their volumes in the southern zone did not exceed the same prices for the northern zone;
- the marginal tariff for participants in the southern zone is 700 thousand t / MW;
- the purchased capacity at the auction - 2932 MW;
- the delivery period is from 01/01/2019 to 31/12/2019.
During the simulated trading by the power-producing organizations, 11 bids were submitted for the sale of services for maintaining the readiness of electric power, with a total capacity of 2,450 MW.
As a result of the trading session, the Single Purchaser concluded 11 deals, with a total volume of 2,450 MW, the underpurchased volume was 482 MW. The weighted average price for the Northern Zone of the UES was 634 thousand Tenge / MW.
In accordance with paragraph 3-1 of Article 15-3 of the Law of the Republic of Kazakhstan "On Electric Power Industry" in cases when the total volume of the service for maintaining the readiness of electric power is less than the total volume of the service for maintaining the readiness of electric power. The single purchaser concludes contracts for a volume without the right to carry out auction trades.
Press service of the Ministry of Energy of the RK