Asia > Central Asia > Kazakhstan > The share of renewable energy sources in Kazakhstan's power grid will reach to 3 % by 2020.

Kazakhstan: The share of renewable energy sources in Kazakhstan's power grid will reach to 3 % by 2020.

2014/09/15

The share of renewable energy sources in Kazakhstan's power grid will reach to 3 % by 2020.

The news was announced by Astana Solar LLP, a company involved in the production of solar cells, Trend Agency reported.

"The company plans to commission some renewable energy source facilities with a total installed capacity of 3,054.5 MW, some 713.5 MW of which will account for 28 solar power plants in 2014- 2020. Under the plan, the share of renewable energy sources in the country's energy system will stand at 3 % by 2020," the Astana Solar LLP noted.

Kazakhstan's laws in the renewable energy source will enable the country to attract investors to take part in the the development of this sector.

Astana Solar LLP is a subsidiary of the Kazatomprom JSC, established in 2011 for implementation of a joint project with France to develop solar energy technologies in Kazakhstan and create fully integrated production line for manufacturing the photovoltaic panels.

Astana Solar LLP is the initial Kazakh producer of solar panels.

Climate change is instantly one of the acute world issues, and shifting from hydrocarbon fuels to renewable energy is one of the essential solutions to the problem.

Energy-rich Kazakhstan is currently looking for ways to use renewable energy sources. In late January, an action plan was adopted on the development of renewable energy sources for a period from 2013 to 2020.

Experts believe that Kazakhstan has to turn to alternative energy sources by 2030, as the traditional sources are being exhausted and their prices are rising. They charge about 20-30 % of domestically consumed energy can be saved by using alternative energy resources.

According to a recently adopted concept for a transition to 'green economy', in case of high domestic prices for natural gas, the energy basket of the country will comprise 11 % of wind and solar energy sources while the share of nuclear power will be 8 %, hydropower 10 %, gas 21 % and coal 49 % by 2030.

Given Kazakhstan's natural conditions, it is clear that the majority promising alternative energy sector is wind power generation. Relevant studies conducted in the Central Asian national's regions showed that wind power generation has vast potential.

Related Articles

No decision yet on financing production increase at Tengiz oilfield
2016/05/28 The Wellhead Pressure Management Project / Next Increase Project (WPMP / FGP), which will make it possible to significantly increase oil production at the Kazakh Tengiz field, are being considered, but a decision on their financing hasn't been made from presently on, Tengizchevroil (TCO) Consortium engaged in the development of the field, told Trend. "Large capital projects of the TCO undergo thorough and rigorous consideration to be coordinated with the partners in order to ensure their further safe, profitable and timely implementation," said the consortium.
Kazakh prosecutor's office reports about coup attempt
2016/05/28 The Kazakh General Prosecutor Office has announced that several people were detained for their attempts to organize unauthorized rallies in several cities of Kazakhstan on May 21. The statement, issued by the Office on unauthorized rallies in the country, specifies that seizure of power and destabilization of socio-political situation in the country was planned in the country. The statement states that certain individuals were planning to violate the law and urge people on the participation in illegal actions.
Kazakhstan reveals grain export volumes
2016/05/28 Kazakhstan has announced volumes of its grain export. The country has exported about 7.6 billion tons of grain (inclunding flour) since early 2016, reads a statement issued by the country’s Agriculture Ministry. Grain exports totaled 4.9mn tons, while flour exports stood at 1.8mn tons, the ministry said. This year's target for grain exports has been met at 92.5% so far.
Central Bank sets manat rate for May 25
2016/05/25 The official exchange rate of the Azerbaijani manat against the US dollar was set at 1.49 manats for May 25, said Azerbaijan's Central Bank (CBA) May 24. Thus, manat's rate against the US dollar increased by 0.2 percent compared to the rate on May 24.
Kazakh hydrocarbon field's shareholders membership changes
2016/01/11 Kazakhstan’s “Kokel Munay” company received 50 % of the subsoil use rights in "Bekturly Vostochnyi" in the Mangystau region of Kazakhstan, which follows from the supplement, signed to the arrangement between the Ministry of Energy of Kazakhstan, the Kazakh national oil and gas company "KazMunayGas" in 2015, Kazakhstan Stock Exchange (KASE) reported on its website.