“SAMRUK-ENERGY” JSC IN ELECTRICITY PRODUCTION SECTOR

The volume of electricity production by energy-producing organizations of “Samruk-Energy” JSC in 2020 amounted to 31, 385 bn kWh. The share of electricity generation by power plants of “Samruk-Energy” JSC amounted to 29 % of the total electricity production in the Unified Energy System of Kazakhstan and in comparison with 2019 increased by 0.5 %.

Operational KPI (broken down by producers)

The volume of electricity production in 2020 amounted to 31,385.4 mln kWh (an increase of 1,185.1mln kWh or 4 % compared with 2019).The main reason for the growth was the increase of production volumes by 1,164.9 mln kWh at “Ekibastuz SDPP-1” LLP.

The decrease in output of HPP by 116.6 mln kWh was driven by the decrease in water inflow at “Moynak HPP” JSC and “Kapshagay HPP” JSC, while the growth at “Shardarinsk HPP” JSC is driven by commissioning of hydraulic units No. 3

Forecast for the future period:

Heat production volumes in the plan for 2021 is expected to decrease by 4.1 % against the actual figure of 2020 mainly due to the decline of heat production volumes at “Almaty Power Plants” JSC.

Electricity transmission volumes amounted to – 6,838 mln kWh, decreased as compared to 2019 volumes (a 124 mln kWh decrease). The decrease in the volume of electricity transmission at “Alatau Zharyk Company” JSC due to the decrease in consumption of Almaty region resulted from the emergency situation in the country because of COVID-19 pandemic

Forecast for the future period:

The volume of electricity production in the forecast for 2021 is projected with a gradual increase in relation to the actual figure of 2020. The increase in electricity production in 2022 by 1,274.6 mln kWh, mainly due to the growth in electricity production at “Ekibastuz SDPP-1” LLP.

Heat production volumes in 2020 amounted to 5,818.7 thous. Gcal; it increased as compared to the volume of 2019 (an increase of 579.1 thous. Gcal or 11 %) mainly due to the growth in heat production by 572 thous. Gcal or 11 % at “Almaty Power Plants” JSC

Forecast for the future period:

The volume of transmission and distribution of electricity in 2021 is expected to increase by 1 % compared with the actual figure of 2020.

The volume of electricity sales volume at power supply organizations for the reporting period amounted to 6,056 mln kWh, which is 163 mln kWh or 3 % lower than actual figure of 2019. Decrease due to the termination of the work of enterprises of the city and region during the period of establishment of state of emergency in the Republic of Kazakhstan from March 2020.

Forecast for the future period:

Electricity sales volume in the forecast for 2021 increases by 1 % from the actual figure of 2020.

According to the Ministry of Energy of the Republic of Kazakhstan, the volume of electricity production by RES facilities in Kazakhstan in 2020 amounted to 3.15 bn kWh, or an increase of 76.2 % compared to 2019.

At year-end 2020, 115 RE facilities operate in Kazakhstan.

In 2020 compared to 2019, large and small HPP show the decrease in production of electricity, while electricity production by wind power plants, solar power plants and biogas plants has increased.

In general, electricity production growth across the RK is connected with an increase in production by TPP and GTPP, as well as commissioning of new RE facilities. Electricity generation by “Samruk-Energy” JSC RES facilities (SPP, WPP, small HPP) in January-December 2020 amounted to 335.8 mln kWh or 10.8 % of the total volume of electricity generated by RES facilities, which is 2 % lower compared to the same period of 2019 (in January–December 2019, the generation of the Company’s RES amounted to 342.5 mln kWh, and the share of the Company’s RES was 17.8 %)

The share of the Company in the production of “clean” electricity (SPP, WPP, small and large hydropower plants) for January-December 2020 decreased by 21.7 % (2,386.2 mln kWh) compared to the same period in 2019 (3,046.2 mln kWh).

The decrease in electricity generation by “Samruk-Energy” JSC RES is connected with an increase in electricity production by other renewable energy facilities because of commissioning of new renewable energy facilities in Kazakhstan

“SAMRUK-ENERGY” JSC PARTICIPATION IN THE CAPACITY MARKET

“Samruk-Energy” JSC power plants took part in the simulated trades of electric capacity held on the trading platform of “Kazakhstan Electricity and Power Market Operator” JSC (KEPMO) during 2020.

According to the results of centralized auction of capacity, which took place on November 18, 2020, the power plants of the Company sold 3,128.9 MW at a price of 590 thous. tenge / MW * month, incl. ●

• “ESDPP-1” LLP 1,653.91 MW
• “ESDPP-2 Plant” JSC 625 MW
• “APP” JSC 850 MW

According to the RK Law “On making changes and additions to certain legislative instruments of the RK regarding special economic and industrial zones, attracting investments, export development and promotion, as well as social security”, “Moynak HPP” JSC and “APP” JSC received individual tariffs for capacity.

The capacity volume was 61 MW for “Shardarinsk HPP” JSC and 298 MW for “Moynak HPP” JSC. Individual tariffs for capacity will ensure the return of borrowed funds used for the already constructed power plant (“MHPP” JSC), as well as refinancing of earlier received target loan for investment programs (“APP” JSC).