Training

To participate in centralized electricity trading for energy-producing organizations, employees of your company may complete training on working in the demo version of the Electronic Trading System of JSC "KOREM".

To complete the training, your company must:

Send a letter to JSC "KOREM" together with a list of company employees to be sent for remote training under the program: Centralized Electricity Trading for Energy-Producing Organizations.
Employees who decide to complete the training should familiarize themselves with the Rules for Organizing Centralized Electricity Trading.

Remote training is conducted at the request of a wholesale market entity wishing to train its employees. Training is provided free of charge under a concluded centralized electricity trading market participation agreement.

Procedure for conducting centralized trading for energy-producing organizations:

Centralized auctions of electric energy for energy-producing organizations are held daily. Joint auctions are held for the Northern and Southern zones of the UES of the Republic of Kazakhstan, in which only the existing EPOs of the Northern and Southern zones of the UES of the Republic of Kazakhstan participate, as well as separate auctions for the Western zone of the UES of the Republic of Kazakhstan, in which only EPOs of the Western zone of the UES of the Republic of Kazakhstan participate. From 11:20 to 11:50 a.m. Astana time is the main time of the trading session for the Northern and Southern zones and the Western zone of the UES of the Republic of Kazakhstan. The duration of the trading session is 30 minutes. Price determination is by the single-sided auction method.

Trading day

Until 09:15 a.m.

The system operator automatically provides the operator of the centralized trading market with a list of energy-producing organizations, signed using EDS, indicating the hourly volumes of capacity put up for sale, which are displayed in the electronic trading system as applications for participation in the trading session at the corresponding marginal tariffs of the energy-producing organizations.

Until 11:10 a.m.

The system operator automatically provides the operator of the centralized trading market, no later than 11:10 a.m. (Astana time) of the day preceding the operating day, with the following information signed using EDS:

1) the hourly volume of electric energy consumption by zones of the UES of the Republic of Kazakhstan planned to be covered at the centralized electric energy auctions;

2) the hourly values (for each energy hub of the UES of the Republic of Kazakhstan) of the minimum and maximum permissible volumes of electric energy sales.

At the same time, bidders have the opportunity to fill in the technical parameters of the application for participation in the trading session from the moment they receive information from the system operator.

11:20 a.m./11:50 a.m.

Opening of the auction

The main time for submitting applications for the sale of electric energy

11:20 a.m./11:50 a.m.

During the open trading session, energy-producing organizations may, if necessary, change the information in a previously submitted application by submitting a new application instead of the previously submitted one.

11:40 a.m.

Suspension of application acceptance

The electronic trading system suspends the acceptance of sale applications for 50 seconds, during which it displays the preliminary results of the centralized bidding for energy-producing organizations based on the sale applications submitted. It then continues accepting sale applications until 11:50 a.m. (Astana time) of the day preceding the operating day.

Until 4:00 p.m.

Approval of the daily schedule of production/consumption of electric energy by the System Operator.

Until 4:00 p.m.

The operator of the centralized trading market sends notifications by e-mail to the bidders and the single buyer about the results of the centralized bidding held, indicating the transactions concluded at the centralized bidding, the transaction prices determined for each hour of the operating day, and the volumes of electric energy sold by the bidders.