1 / 19

The Kazakh Operator of Electric Power and Capacity Market KOREM JSC Republic of Kazakhstan

The Kazakh Operator of Electric Power and Capacity Market KOREM JSC Republic of Kazakhstan. Description of the Kazakhstan Electric Power System. Power generation. Electric power plants – 56 . Total installed capacity - 18981 ( MW ) , including :

ania
Download Presentation

The Kazakh Operator of Electric Power and Capacity Market KOREM JSC Republic of Kazakhstan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Kazakh Operator of Electric Power and Capacity Market KOREM JSC Republic of Kazakhstan

  2. Description of the Kazakhstan Electric Power System

  3. Power generation Electric power plants–56. Total installed capacity -18981 (MW), including: thermal electric powerplants – 15817 (83,3%) gas turbine units – 916 (4,8%) hydro-electric power plants– 2248 (11,9%) Power generation: 2005 г. – 67,6 bil.kW*h 2006 г. - 71, 5 bil.kW*h 2007 г. – 76,4 bil.kW*h

  4. Transmission grid Total length of transmission lines with voltage from 220 kV to 1150 kV is 228 100 km

  5. Power consumption in2007 Total consumption of electric power in Kazakhstan is71, 8 bil.кW*h

  6. Reforms in the Electric Power Industry

  7. The Stages of Reforms Istage (1994-2000) • December 1995 - Law on Electric Power Industry • TheNational Company (voltage from 220 kV to 1150 kV)- “KEGOC” JSCwith responsibility of System Operator was established • All Electric Power Plantswere privatized • Regional Electric NetworkCompanies (<220 кV) were established and privatized • The Wholesale Power Market began to function, where the free market price on electric power appeared • State‘s Refusal of price regulation for Electric Power Plants

  8. The Stages of Reforms IIstage (2000- present) • July 2000 – Kazakh Operator of Electric Power and Capacity Market (КОREM JSC) was created • June 2004 – new Law on Electric Power Industry was accepted • Power Supply Companies were established • January 2008 –Balancing Market started work in a simulation routine

  9. The Structureof Wholesale Electric Power Market • Bilateral Contract Market • Centralized Auction Market • Balancing Market • System & Ancillary Services Market

  10. Participantsof Wholesale Electric Power Market • System Operator • MarketOperator • Electric Power Producers (Plants) • Electric Network Companies • PowerSupply Companies • Consumers

  11. Information on Centralized Electric Power Market in Kazakhstan

  12. History of KOREM JSC • July 10, 2000 – KOREM JSC was created • February 18, 2002 - the First Spot Auctions “day ahead” took place in “KOREM” JSC. • September 28, 2004 - The First Forward Auctions took place

  13. At the “KOREM” marketplace there are 2 types of auctions: • “Day ahead” auctions • Forward auctions (medium-term for a week, month and long-term for a quarter, year)

  14. 65 members for“day ahead” auctions 116 members for forward auctions Market Participants

  15. The volumes of Centralized Market in 2007 • 15%of the Wholesale Electric Power Market • Total volumes of deals - 9 508 611thousandkW*h

  16. The volumes of“day ahead” auctions(thousandkW*h)

  17. The volumes offorward auctions(thousandkW*h)

  18. Future projects • “Intra day” auctions • Clearing Center • Central Asian Power Exchange • Financial Derivatives Market

  19. Thank you for your time and attention!

More Related