Joint-Stock Company Kazakhstan electricity and power market operator
Company news
Company news

Notification of cancellation of power of attorney

Due to changes in the organizational structure and staffing list of JSC Kazakhstan electricity and power market operator, in accordance with paragraph 1 of article 171 of the Civil code of the Republic of Kazakhstan, we notify you about the cancellation of powers of attorney previously issued by the Chairman of the Board of JSC Kazakhstan electricity and power market operator B. Ilyas (Principal) dated October 28, 2019, No. 14, and November 19, 2019, No. 16, issued to represent the interests of the Principal.
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Company news

Continue working in remote mode

In order to implement the Resolution of the chief state sanitary doctor of the city of Nur-Sultan “On carrying out sanitary and anti-epidemic (preventive) measures” No. 429 dated May 30, 2020, in order to ensure measures to prevent further spread of COVID-19 coronavirus infection, 100% of the staff of JSC KOREM was transferred to remote operation and a new composition of the operational staff was approved for the effective implementation of relevant measures.
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Company news

About approval of the Schedule of auctions for renewable energy in 2020

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Company news

Invitation for participation in the renewable energy auctions in the Republic of Kazakhstan

Invitation for participation in the renewable energy auctions in the Republic of Kazakhstan
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Company news

AIFC Green Finance Centre and JSC “Kazakhstan operator of electricity and power market” signed a Memorandum of Cooperation

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Company news

Results of centralized trading in electric energy generated by hydroelectric power plant during environmental releases of water

Dear participants of centralized auctions!
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Company news

About conducting additional auctions of electric energy generated by HPP

Dear participants of centralized auctions!
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Company news

Transition to interactive online training of trading operators

Dear participants of centralized auctions!
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Industry news
Industry news

SEMINAR «Auction with documentation for implementation of the project 50 MW SPP»

Today, under the UNDP-GEF project «De-risking of investing in renewable energy sources», a demonstration of the pilot project of solar power plant is being held for potential investors from Germany, Hong Kong, Russia, Italy, China and local businesses.
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Industry news

LIVE WEBINAR “RENEWABLE ENERGY PROJECTS IN KAZAKHSTAN”

Aliya Salimzhuarova, the representative of KAZAKH INVEST, shared about the investment preferences available to investors seeking to invest in Kazakhstan’s Renewable Energy sector during the first online webinar “Renewable Energy Projects In Kazakhstan”.
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Industry news

Webinar on RES auctions

Today, 18th of July, KazakhInvest in cooperation with Ministry of Energy and KOREM are holding a​ WEBINAR RENEWABLE ENERGY PROJECTS IN KAZAKHSTAN - AUCTIONS 2019 at 16-00 in Nur-Sultan. 
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Industry news

Announcement for participation in the auctions for the selection of renewable energy projects in the Republic of Kazakhstan

Announcement for participation in the auctions for the selection of renewable energy projects in the Republic of Kazakhstan.   The Ministry of Energy of the Republic of Kazakhstan invites all interested parties to participate in the auctions aimed at the selection of projects for the construction of generating facilities operating using renewable energy sources (hereinafter referred to as " RE auction ") in 2018. The purpose of this event is the selection of investment projects for the construction of generating facilities that operate using renewable energy sources.
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Industry news

Press release to the Decree of the Government of the RK dated 10 May 2018 No. 249 "On Amending Decree of the Gov. of the RK of 27 March, 2014 No. 271 " On Approval of the Rules for the Determination of Fixed Tariffs and Marginal Auction Prices "

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Industry news

Tariffs for electricity in Kazakhstan increased by 3% in a month

In 2017, the power industry of the RK produced 103.1 billion kWh of electricity - for 9.2% more* than a year earlier. More than half of them fell on the key industrial regions - Pavlodar (41.3 billion kWh, +20.7% per year) and Karagandy (14.4 billion kWh, +2.6% per year) oblasts (https://www.kursiv.kz).
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Industry news

The cost of electricity for Kazakh people should be reduced - Nazarbayev

The President of Kazakhstan Nursultan Nazarbayev instructed Kanat Bozumbaev, the Energy Minister to reduce the cost of electricity for consumers, according to reports of Kazinform International News Agency (http://www.zakon.kz).
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Industry news

Tesla will create a virtual power station in Australia

The project will reduce the cost of electricity for consumers by 30% (https://kapital.kz).
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Trades calendar


Trades outputs
June 2019 2020
The day ahead spot-trades
max price, KZT/kW*h 7.220 7.300
min price, KZT/kW*h 5.000 7.200
Forwards trades
max price, KZT/kW*h 8.400 7.950
min price, KZT/kW*h 5.760 1.100
Trades volume (th. kW*h)
The day ahead spot-trades 14 904 59 184
Forwards trades 3 730 368 60 240