On May 24, 2018, the second auction for the North region (Akmola, Aktyubinsk, East Kazakhstan, Karaganda, Kostanay, Pavlodar and North-Kazakhstan regions) was held to select wind power plants with a total capacity of 50 MW.
4 applications were received from companies, with a single project capacity from 20 to 50 MW. The total volume of applications is 127 MW. The starting price for the auction was 22.67 tenge. During the 3-hour session, the proposed tariff range was from 22.67 tenge to 17.49 tenge.
The auction was recognized as having taken place, because more than 3 participants and more than 150% of the purchased capacity, according to the Rules of organization and holding of auction bidding for the selection of renewable energy projects were presented.
Representatives of the Ministry of Energy of the Republic of Kazakhstan, non-governmental sector and international organizations participated in the auction as observers. Observers note full transparency of the electronic trading system of the organizer of the auction - JSC “KOREM”.
Following the results of electronic bidding, the winner is determined by the following participant:
1. LLP "Zhele electrician" with the project of wind farm 50MW in Kostanai region with the price of 17.49 tenge per 1 kWh.
The next auction is scheduled for 28/05/2018.
For reference:
From 23 May to 7 June and from 3 to 18 October this year it is planned to conduct the first international auction bidding on the selection of renewable energy sources in Kazakhstan.
Auction trades being one of the stages of the planned development of renewable energy sources are aimed at selecting the most effective projects and forming market competitive prices for electric energy produced by renewable energy sources.
According to the Rules of Organization and Holding of Auction Trades (Order of the Ministry of Energy of the Republic of Kazakhstan No. 466 of December 21, 2013), the Ministry has established the Auction Trade Schedule.
According to the auction schedule approved by the Ministry this year it is planned to conduct auction trades in the amount of 1,000 MW of installed capacity, broken down by types of power plants:
- solar power plants - 290 MW;
- wind power stations - 620 MW;
- hydroelectric power stations - 75 MW;
- Bio ES - 15 MW.
The organizer of auction trades was JSC "KOREM".