Bulletin of the Korea Photovoltaic Society (한국태양광발전학회지)

Korea Photovoltaic Society (한국태양광발전학회)
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Government support measures and the current situation in the renewable energy sector of Kazakhstan

  • Izbassov, Kairat (GETPPP, Green School, Korea University Ministry of Energy of Republic of Kazakhstan)
  • Published : 2020.04.30
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Abstract

The Republic of Kazakhstan is a geographically large but sparsely populated country, rich in natural resources, located in the center of the Eurasian continent. In recent years, it has begun to create a green economy, leading it among its neighbors in Central Asia. Therefore, the country has set a clear goal: by 2030, emissions should be reduced by 15-25% compared to the level of the 90s. As part of the country green economy strategy, in 2013 Kazakhstan adopted the "National Concept for the Transition to the Green Economy until 2050", which sets out the principles of the green economy as a path for future development. The goal is to bring the share of renewable energy in electricity production from zero to 3% by 2020, and then increase it to 30% by 2030 and 50% by 2050. This paper looks at what Kazakhstan has done to promote renewable energy and provider perspectives. The paper also considers Kazakhstani legislation in terms of the development of renewable energy sources and provides information on incentives and preferences for the development of renewable energy sources. Thus, it will be easier for investors to evaluate the implementation of potential projects in Kazakhstan.

Keywords

References

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