According to 2018 results, the level of electricity consumption in Kazakhstan has reached its maximum and for the first time since 1990 exceeded the 100 billion mark, amounting to 103 228 mln. kWh.
At this, “Samruk-Energy” JSC power plants produced 31 705mln. kWh of electricity over the past year and maintained a share of about 30% of the total generation in the country (106 797 million kWh). According to the company's specialists, the increase in output resulted in the growth in demand for electricity from Kazakhstani consumers. Thus, the share of “Samruk-Energy” JSC electricity production in 2018 complies with the indicators specified in the approved Development Strategy.
It should be noted that Samruk-Energy fully executed all applications of Kazakhstani consumers in electricity. Generating companies that are members of the largest Kazakhstani power holding company, fully fulfilled their annual plans for power generation before the end of the year. This refers to “Ekibastuz SDPP-1 named after B.Nurzhanov” LLP, “Almaty Power Plants” JSC, “Shardarinsk HPP” JSC, “Moynak HPP named after U.Kantayev" JSC, “Ekibastuz SDPP-2 Plant" JSC.
Record volume of coal in last 10 years was extracted and shipped from open-pit coalmines of “Bogatyr-Komir” LLP. In the end of 2018, the miners shipped about 45 million tons of solid fuel, which exceeds the production capacity of the enterprise (42 mln.tons). The increase in production and sales was driven by an increased coal consumption by Kazakhstan’s power systems, unplanned supplies for “GRES Topar” LLP, Pavlodar CHP-2, 3 of ”PavlodarEnergo” JSC and an increase in coal shipments for household needs.
Coal from "Bogatyr Komir" mines is used as fuel at Kazakhstan and Russia power and thermal power plants. Its main consumers are “Ekibastuz SDPP-1” LLP and Reftinskaya SDPP, the share of shipments to which amounted to more than 45% of the total sales volume.
The first centralized bidding for electricity was held last year. According to their results, the total volume of capacity sold in the Northern and Southern zones of the UES of the Republic of Kazakhstan by subsidiaries of “Samruk-Energy” JSC amounted to 2 148,7 MW with the maximum price for the service, which is at the level of a ceiling tariff of 590 thousand tenge / MW per month without VAT .
The results of bidding held will allow carrying out investment activity in order to ensure trouble-free operation of “Samruk-Energy” JSC power equipment in 2019.
Retrofit works that are carried out at “Samruk-Energy” JSC generating companies breathe new life to an outdated equipment, and the construction of new facilities significantly reduced the load and cover electricity shortage. E.g., in 2018, the first of the four hydroelectric units of Shardarinsk power plant was launched as part of ongoing large-scale modernization of the station. It is expected to rehabilitate an overage equipment until 2020. During this time, it is planned to replace all four hydraulic units. The new equipment will increase the power plant capacity from the current 100 to 126 MW. The project is of great importance for providing power hungry Turkestan region with electricity.
Increasing the share of renewable energy is also among the priority areas of the holding company. The holding company plans to implement a second project of Ereymentau wind power plant with capacity of 60 MW and a wind power plant in Shelek, Almaty region.
According to Samruk-Energy experts, the company will focus on the implementation of the following strategic initiatives in 2019: increasing sales profitability and business performance; effective implementation of investment programs; corporate governance and sustainable development. A number of activities that will boost sales have been scheduled. In particular, the increase in sales of electricity and coal in the domestic market. As part of the forecast balance, it is expected to increase the volume of electricity sales in the domestic market to 36,1 bln. kWh in the future until 2028.
“Samruk-Energy” JSC is the largest power holding company in Kazakhstan, 100% owned by “Samruk-Kazyna” SWF JSC. It was established in 2007. Core business: electricity and heat production; transmission, distribution and sale of electricity, power coal mining. The holding company comprises energy and coal enterprises, including “Ekibastuz SDPP-1” LLP, “Ekibastuz SDPP-2 Plant” JSC, “Bogatyr Komir” LLP, “Almaty Power Plants” JSC, “Moynak Hydropower Plant named after U.D. Kantayev” JSC, “Shardarinsk HPP” JSC, etc.
To learn more about Kazakhstan's electricity and coal market in 2018, please see the report prepared by “Samruk-Energy” JSC Market Development Department, via the links: https://www.samruk-energy.kz/kz/press/analitikaly-sholu (in Kazakh language) and https://www.samruk-energy.kz/ru/press/analytical-report ( in Russian language)
Government Relations and Communications Office of “Samruk-Energy” JSC