BAKU, Azerbaijan, August 3. Kazakhstan
Electricity and Power Market Operator (KOREM) has launched a new
digital portal designed to provide market participants, government
agencies and experts with access to analytical data and interactive
statistics on the country’s electricity market.
This is reflected in the statement published by the Ministry of
Energy of Kazakhstan.
The new online resource includes the KOREM Information Portal, a
digital analytical platform that combines market statistics,
monitoring tools and data visualization capabilities related to the
company’s operations. The launch is part of KOREM’s Development
Strategy for 2025–2035, which focuses on introducing innovative
solutions, digitalizing processes and improving interaction with
electricity market participants.
"KOREM’s new information portal provides users with access to
interactive analytics and statistical data, allowing them to
monitor key market indicators and better assess ongoing trends,"
the company said.
One of the main features of the platform is an analytical
dashboard for centralized electricity trading, which allows users
to review trading results from July 1, 2023. The dashboard enables
analysis of supply and demand dynamics, transaction volumes,
changes in weighted average prices, market activity and comparisons
across different time periods. It also provides data on imbalance
electricity trading, including types and costs of imbalances,
balancing zones, operations with neighboring countries and hourly
volumes of balancing electricity.
The new resource also includes an artificial intelligence-based
chatbot designed to help users quickly find relevant information
and navigate the platform’s digital services. KOREM plans to
further expand the portal’s analytical capabilities through the
introduction of artificial intelligence technologies. According to
the company, AI solutions will help improve data processing,
identify market trends and increase the efficiency of users’ work
with analytical information. KOREM is responsible for organizing
and operating Kazakhstan’s electricity and capacity markets,
including centralized electricity trading and balancing
mechanisms.
