Kazakhstan wholesale electricity and capacity market

Kazakhstan. Status: operational.

Wholesale design: Single-buyer procurement of planned electricity, electronic centralized trading for residual day-ahead requirements, mandatory real-time balancing, a capacity market, and a contractual system and ancillary-services market.

Market type
National market
Operators
KEGOC · KOREM · Financial Settlement Centre for Support of Renewable Energy Sources
Dispatch model
Planned daily production-consumption schedule plus real-time physical balancing through ranked price bids and cross-border balancing arrangements.
Pricing granularity
hourly balancing settlement; centralized electricity and capacity auctions use their published products
Settlement interval
60 minutes
Nominal frequency
50 Hz
Where energy trades

Where does energy trade in Kazakhstan wholesale electricity and capacity market?

Energy in Kazakhstan wholesale electricity and capacity market trades in 5 layers: single-buyer day-ahead, centralized trading, real-time balancing, capacity and system and ancillary services.

What a battery can sell

What ancillary services can a battery sell in Kazakhstan wholesale electricity and capacity market?

Kazakhstan wholesale electricity and capacity market has 2 ancillary-service products, across 2 families — regulation and operating reserve: Power and frequency regulation, Readiness to ensure capacity reserve. Response timing, direction and eligibility for each are in the table below; a product's full record lists the official sources behind it.

Every value below comes from the official sources listed in that product's full record. Most products cite more than one, and the published sources do not say which of them states each individual value, so the binding is to the product's record rather than to a single document. A missing line means the source does not state that value — never that the value is zero.

Scroll the table sideways for the rest of the columns →

2 ancillary-service products in Kazakhstan wholesale electricity and capacity market, grouped into 2 families. Each row runs left to right through one product's life: how it activates, how quickly it has to respond, how long it has to keep delivering, and how it is bought.
Service How it activates Response Sustained delivery Procurement
Regulation
Power and frequency regulation upward and downward contractual system and ancillary service Response type automatic and System Operator-controlled according to the contracted service Trigger frequency and balance deviations under KEGOC technical rules No deadline established contract and technical-code specific; no single value is stated in the cited source As stated system requirement Bought contractual procurement Pricing design approved or contracted terms
Full record for Power and frequency regulation — page or table locator recorded
What it is for

Regulate active power and system frequency and maintain scheduled operating conditions.

What the source does not state

The source states a procurement volume in its own words. It does not state a response time or how long delivery has to be sustained.

Sources
Operating reserve
Readiness to ensure capacity reserve upward reserve contractual system and ancillary service Response type KEGOC dispatch instruction under the service contract Trigger system reserve need under the Grid Code and contract No deadline established contract and technical-code specific; no single value is stated in the cited source As stated system requirement Bought contractual procurement Pricing design approved or contracted terms
Full record for Readiness to ensure capacity reserve — page or table locator recorded
What it is for

Maintain capability available to cover system reserve requirements.

What the source does not state

The source states a procurement volume in its own words. It does not state a response time or how long delivery has to be sustained.

Sources
Getting paid to exist

Does Kazakhstan wholesale electricity and capacity market have a capacity mechanism?

Yes — Kazakhstan centralized capacity market and Kazakhstan new-build flexible-generation auctions are central capacity markets. Responsibility sits with KOREM, Single Buyer and KEGOC; Ministry of Energy, KOREM and the Single Buyer.

Kazakhstan centralized capacity market

operational

Centralized KOREM auctions held in the second ten-day period of November procure one-year electric-capacity-readiness service for the following calendar year against forecast zonal demand, subject to approved price caps and transmission constraints.

KOREM electronic centralized capacity auction

zonal demand and network constraints

Responsibility
KOREM, Single Buyer and KEGOC
Unit of obligation
MW of capacity-readiness service for the following calendar year
Auction held in 2025
Yes () — North/South auctions were held on 19 November and Western-zone auctions on 20 November 2025.

Kazakhstan new-build flexible-generation auctions

operational project-selection and investment-procurement mechanism

KOREM electronic auctions select projects to build new flexible generating units and establish project-specific tariffs for the electric-capacity-readiness service purchased by the Single Buyer. The 2025 schedule required commissioning in 2030 and stated a 15-year service-purchase term.

KOREM electronic descending-price project-selection auction

site- and zone-specific new-build procurement

Responsibility
Ministry of Energy, KOREM and the Single Buyer
Unit of obligation
MW of new flexible generation with a project-specific KZT/MW-month capacity-readiness tariff
Auction held in 2025
Yes () — KOREM held separate 500 MW North/Astana and South/Shymkent project-selection auctions on 15 December 2025; the South event was unsuccessful and was repeated in January 2026.
Revenue routes

Merchant revenue routes

  • single-buyer energy sales
  • centralized energy trading
  • balancing energy
  • capacity availability
  • ancillary services
Where this comes from

Official sources

Rules

Service specification

Market explainer

Capacity-mechanism explainer

Capacity result

Current as of · from the Global Electricity Market Catalogue v1.2.0 (compiled to , CC BY 4.0, rendered here with wording edited for readability). Facts belong to the linked official authorities; verify the current rules before design or bidding decisions.

Questions

Common questions about Kazakhstan wholesale electricity and capacity market

Who operates Kazakhstan wholesale electricity and capacity market?
Kazakhstan wholesale electricity and capacity market covers Kazakhstan and is operated by KEGOC, KOREM and Financial Settlement Centre for Support of Renewable Energy Sources.
Was a qualifying capacity event held in Kazakhstan wholesale electricity and capacity market in 2025?
Yes. Kazakhstan centralized capacity market: a qualifying 2025 event is recorded (2025-11-19). North/South auctions were held on 19 November and Western-zone auctions on 20 November 2025. Kazakhstan new-build flexible-generation auctions: a qualifying 2025 event is recorded (2025-12-15). KOREM held separate 500 MW North/Astana and South/Shymkent project-selection auctions on 15 December 2025; the South event was unsuccessful and was repeated in January 2026.
How is energy traded, priced and settled in Kazakhstan wholesale electricity and capacity market?
Kazakhstan wholesale electricity and capacity market: Single-buyer procurement of planned electricity, electronic centralized trading for residual day-ahead requirements, mandatory real-time balancing, a capacity market, and a contractual system and ancillary-services market. Dispatch — Planned daily production-consumption schedule plus real-time physical balancing through ranked price bids and cross-border balancing arrangements; pricing granularity — hourly balancing settlement; centralized electricity and capacity auctions use their published products; settlement interval — 60 minutes.
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