Emblem
Official Source of the
Prime Minister of the
Republic of Kazakhstan
Menu
Emblem
Close button

Eighty-seven renewable energy facilities to operate in Kazakhstan by the end of 2019 — Ministry of Energy

Tuesday, 29 October 2019, 17:54:41

At the government session chaired by Prime Minister Askar Mamin, issues related to the development of renewable energy sources were considered.

Minister of Energy Kanat Bozumbayev said that significant investments are currently being made in the development of renewable energy, which is facilitated by the very significant potential of renewable energy sources in Kazakhstan, the legislative framework and the adopted target indicators.

“It is necessary to bring the share of renewable energy in the total volume of electricity production to 3% in 2020, to 6% in 2025, by 1030 — 10%, and by 2050, renewable and alternative energy sources should account for at least half of the total energy consumption” said Bozumbayev.

As the minister of energy noted, a completely new energy sector has appeared in the country, a market for green energy has formed. The law defines support measures in the form of a guaranteed purchase of electricity from renewable sources by a single purchaser of electricity — the Settlement and Financial Center under a 15-year agreement at the auction rate, as well as ensuring the connection of the facility to electric networks.

“Tariffs are indexed annually taking into account inflation and changes in the dollar exchange rate, energy producers are exempt from paying the services of energy transmission organizations for the transmission of electric energy. Within the framework of the Entrepreneurial Code, investment preferences are provided,” said the minister.

According to the minister, the system of fixed tariffs at the initial stage of development allowed to quickly launch the green energy market. In 2014, there were 26 operating facilities with an installed capacity of 178 MW.

At the end of 2019, 87 facilities with a capacity of 1,042 MW will operate in the country.

“Production for 9 months of this year amounted to 1.65 billion kWh, its share is about 2.2% of the domestic market. An annual target of 2.4 billion kWh will be met. The increase in electricity production by renewable energy facilities for 9 months of 2019 compared to the same period in 2018 is — 65%,” the minister said.

Thanks to the systematic work to increase capacity, by the end of 2020, 108 facilities with a capacity of 1,610 MW will operate in the system, by the end of 2024 there will be at least 3,000 MW of renewable energy in the power system.

Bozumbayev informed that investors from 10 countries of the world, as well as large financial organizations such as the EBRD, ADB, DBK, are now working in the green energy sector. The Asian Infrastructure Investment Bank as the first investment project in Kazakhstan chose the renewable energy facility — a 100 MW wind farm in the Zhambyl region. This transaction should be completed before the end of this year.

“A good signal for us is the fact that large oil companies such as Shell, Eni, Total, which win the right to implement projects in Kazakhstan in the competition, came to the green energy sector as investors. Thus, from the moment the Settlement and Financial Center has been operating, about 406 billion tenge has been attracted to the renewable energy sector and the constructed facilities will pay about 81 billion tenge of taxes,” Bozumbayev said.

Also, during the construction period, Kazakhstani engineers, builders and support staff are involved.

Since last year, the selection for the implementation of projects has been through the auction mechanism. This allows you to gradually reduce the impact on tariffs for end consumers from the commissioning of renewable energy sources.

International auction auctions 2018 – 2019 were held in electronic format for projects with a total capacity of 1,205 MW. The auction was attended by 138 companies from 12 countries. Auction bidders proposed applications for projects with an installed capacity of about 3,900 MW, which exceeded demand by 3.2 times.

As a result of the auction, 30 companies signed contracts with a single purchaser of electricity for 15 years for a total capacity of 804 MW and 12 companies at the stage of signing contracts with the RFC for a total capacity of 163 MW.

Along with this, the minister emphasized that in different countries, distributed small-scale generation at the level of households, small and medium-sized businesses was widespread. In accordance with the law, the state provides individual consumers in non-electrified settlements with a 50% subsidy on the cost of 5 kW of a Kazakhstan-made installation. To actively engage households and businesses in the use of distributed generation, it is proposed to improve the norms for economic incentives for the population to use green energy for their own needs, to solve issues related to the sale of surplus electricity to the network, so-called net-metering, financial instruments are needed (leasing, subsidizing interest rates, etc.)

Chairman of the Board of Kazakhstan Electricity Grid Management Company KEGOC JSC Bakytzhan Kazhiev reported on interaction with the renewable energy market. According to him, today it is necessary to increase volumes and for this all indicators exist. The state has clearly identified target indicators to increase the share of renewable energy in the total electricity production. In 2013, KEGOC JSC established a financial settlement center for renewable energy support, the aim of which is to guarantee the purchase of electricity at fixed tariffs and auction prices for 15 years.

“Since the launch of the renewable energy support mechanism, electricity purchase volumes have grown from 8 million kW / h in 2017 to 1.7 billion kW / h in 2019. According to forecasts, by 2025 this figure will reach 7.2 billion kW / h,” Kazhiev summed up.


News feed
23 September 2020, 14:43
Astana EXPO-2017 wind power station to reach full capacity of 100 MW by end of 2020
22 September 2020, 12:12
Harvesting in Kazakhstan completed by 93.4% — Ministry of Agriculture 
22 September 2020, 11:16
Sixty-five public organizations for protection of consumer rights operate in Kazakhstan — Ministry of Trade and Intergation
22 September 2020, 10:05
Head of Government gives several instructions to strengthen consumer protection 
22 September 2020, 10:02
Export potential of harvest in Kazakhstan to reach 7.5-8 million tons of grain in 2020
21 September 2020, 16:51
Government session to be held Sep. 22 in Ukimet Uyi 
21 September 2020, 12:54
Government considers issues of mass sports development 
18 September 2020, 18:26
Issues of preserving jobs and timely payment of wages discussed in Government of Kazakhstan
17 September 2020, 18:56
Prime Minister Askar Mamin meets with President of Turkmenistan Gurbanguly Berdimuhamedov
17 September 2020, 18:45
Government of Kazakhstan discusses issues of social protection of disabled people
16 September 2020, 18:09
Yerlan Kiyasov appointed Vice Minister of Healthcare - Chief State Sanitary Doctor of the Republic of Kazakhstan
15 September 2020, 12:26
Work underway in Kazakhstan to saturate domestic market with basic products for stabilizing prices — Ministry of Agriculture
15 September 2020, 10:27
Price increase for socially significant food products will not exceed 6% by the end of 2020 — Ministry of Trade and Integration
15 September 2020, 10:07
Prime Minister of Kazakhstan Askar Mamin instructs to ensure strict control over stability of prices for socially significant food products
15 September 2020, 09:44
Under Industrialization Map in Kazakhstan, 206 projects worth 1 trillion tenge to be introduced in 2020
15 September 2020, 09:29
For 8 months of 2020, 4.3 thousand new jobs created under Industrialization Map — Ministry of Industry and Infrastructure Development
14 September 2020, 22:47
Introduction of Industry 4.0 in Kazakhstan, or how smart factories worked during quarantine period and global pandemic
14 September 2020, 18:42
Interdepartmental Commission adopts decisions on work of businesses
14 September 2020, 14:02
Government session to be held Sep. 15 in Ukimet Uyi
14 September 2020, 10:51
Strategic directions for development of Eurasian Economic Integration until 2025 considered at session of EEC Council
11 September 2020, 13:07
Prime Minister Askar Mamin introduces Minister of Emergency Situations Yuri Ilyin
10 September 2020, 23:45
Distance learning, epidemiological situation, provision of villages with Internet — how educational process organized in Kazakhstan
10 September 2020, 13:12
Production of electronics industry of Kazakhstan to increase 8.5 times over 3 years
09 September 2020, 15:06
Roman Sklyar pays working visit to Atyrau region
09 September 2020, 11:59
Ministry of Healthcare on CVI: In Kazakhstan, there is a 6-fold decrease in bed occupancy
09 September 2020, 11:31
Food production for 8 months of 2020 increased by 3.6% — Ministry of Agriculture
09 September 2020, 11:21
Market of Kazakhstan fully provided with petroleum products of domestic production — Nogayev 
09 September 2020, 11:19
In Kazakhstan, total volume of container transit traffic increased by 37% — Ministry of Industry and Infrastructure Development
09 September 2020, 11:02
Measures taken stabilized epidemiological situation in the country — Prime Minister of Kazakhstan Askar Mamin 
09 September 2020, 10:54
Following results of 8 months of this year, positive dynamics remains in basic sectors of economy
09 September 2020, 10:53
Government adopts National Plan for Implementation of Address of the Head of State to People of Kazakhstan
09 September 2020, 10:25
604 loans issued under Economy of Simple Things Program — National Bank
09 September 2020, 10:20
Following results for 8 months of 2020, state budget received 5.5 trillion tenge of revenues — Ministry of Finance
09 September 2020, 10:13
Growth in construction, agriculture and manufacturing industry — Ruslan Dalenov reports on results of socio-economic development for 8 months of 2020
09 September 2020, 10:06
Draft National Action Plan for implementation of President's Address includes 10 key areas
07 September 2020, 17:10
It is planned to double fines for violations in the field of environmental protection — Magzum Mirzagaliyev spoke about implementation of President’s Address
07 September 2020, 16:33
Digitalization of land relations to eliminate human factor, bureaucracy and corruption — Omarov on implementation of President's Address
07 September 2020, 16:27
Beibut Atamkulov on implementation of President's Address: Mechanism for subsidizing rent to be approved by the end of 2020
07 September 2020, 16:14
Government session to be held Sep. 9 in Ukimet Uyi
07 September 2020, 15:39
Focusing on industry and development of transport infrastructure in Kazakhstan — Roman Sklyar speaks about main aspects of President's Address
06 September 2020, 09:34
Video Digest: Main events of the week, No. 76
05 September 2020, 14:10
Session of EEC Council: Several issues of further development of Eurasian economic integration discussed
05 September 2020, 13:41
Production of stationary ventilators opened in Kazakhstan
05 September 2020, 03:37
Construction, Support for SMEs and Investment — how East Kazakhstan Region developed during the pandemic
05 September 2020, 01:46
Briefing to be held on measures to implement Address of the Head of State
04 September 2020, 17:33
New concept for improving local self-governance to be developed — Ruslan Dalenov on implementation of President's Address 
04 September 2020, 13:31
Additional 200 billion tenge to be allocated to support SMEs — Alikhan Smailov on implementation of President's Address
03 September 2020, 16:27
Ministry of Education and Science to develop uniform requirements for online education platforms
03 September 2020, 16:18
Implementation of President's Address: Free clubs to open in schools, National Crafts centers — in regions 
03 September 2020, 16:01
Taldykorgan – Ust-Kamenogorsk highway to be commissioned this year — Askar Mamin
© 2019 - 2020 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.