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Kazakh parliament approves draft law on renewable energy

Oil&Gas Materials 8 May 2013 17:08 (UTC +04:00)
The Majilis (lower chamber) of the Parliament of Kazakhstan approved the draft law "On amendments and additions to some legislative acts of the Republic of Kazakhstan on issues of support for renewable energy" on May 8 during the bill’s first reading.

Kazakhstan, Astana, May 8 / Trend, D. Mukhtarov /

The Majilis (lower chamber) of the Parliament of Kazakhstan approved the draft law "On amendments and additions to some legislative acts of the Republic of Kazakhstan on issues of support for renewable energy" on May 8 during the bill's first reading.

"This is a case where it is inappropriate to employ windmills. Today, the use of wind power, solar energy and hydro power is a step towards the development of more innovative technologies, energy conservation and environmental issues," MP Nurlan Nigmatulin said on Wednesday.

He noted that the bill is very important and necessary for the further technological and economic modernization of the country.

The draft determines regulations, according to which the purchase of electricity generated by renewable energy sources (RES) is undertaken by a single payment and financial center. The center distributes power to all electricity consumers in Kazakhstan.

Regulations overturned by the law "On supporting the use of renewable sources of energy" are ones that hamper the achievement of target figures on sustainable energy use.

This amendment will equalize the electricity tariff in Kazakhstan and eliminate the need for investors to seek consumers of renewable energy sources in cases when the possibilities of a regional energy transmission company to receive electricity are exhausted.

It is also important that individual consumers located in remote off-grid areas of the country are provided with targeted assistance. The state reimburses half of their acquisition costs for the use of renewable energy plants that belong to Kazakh producers.

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