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 cards below, as the official sources state them.
Facts below are stated as the official sources state them. A missing line means the
source does not state that value — never that the value is zero.
Regulation
Power and frequency regulation
contractual system and ancillary service
Regulate active power and system frequency and maintain scheduled operating conditions.
Direction
upward and downward
Stated response
contract and technical-code specific; no single value is published
Trigger / range
frequency and balance deviations under KEGOC technical rules
Typical procurement
system requirement
Pricing
approved or contracted terms
Operating reserve
Readiness to ensure capacity reserve
contractual system and ancillary service
Maintain capability available to cover system reserve requirements.
Direction
upward reserve
Stated response
contract and technical-code specific; no single value is published
Trigger / range
system reserve need under the Grid Code and contract
Typical procurement
system requirement
Pricing
approved or contracted terms
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.
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.
Current as of · from the
Global Electricity Market Catalogue v1.2.0 (compiled to , CC BY 4.0). 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.