Kazakhstan intends to invest in "green" technologies
Baku, Azerbaijan, Jan.10
By Nigar Guliyeva – Trend:
Kazakh President Nursultan Nazarbayev tasked to stimulate business to invest in "green" technologies.
"Today, renewable energy sources (RES) account for a quarter of the world's power generation. According to forecasts, by 2050 this figure will reach 80 percent. We set the goal to increase the share of alternative energy in Kazakhstan's power generation to 30 percent by 2030. Today, we have 55 renewable energy facilities with a total capacity of 336 megawatts, which in 2017 generated about 1.1 billion kWh of green energy, " Nazarbayev said in his annual address to the people of Kazakhstan.
Nazarbayev urged enterprises to critically rethink their demands for energy efficiency and energy conservation.
He instructed to stimulate business to invest in "green" technologies, and urged the heads of the regions to take measures on modern utilization and processing of solid waste by attracting small and medium business entities.
"These and other measures will require the updating of legislation, including the Environmental Code," the president said.
Earlier, Energy Minister Kanat Bozumbaev said that Kazakhstan could attract private investments and financial contribution of international financial institutions for a total of up to 480 million euros to implement renewable energy projects.
In 2016, the generation of electricity from renewable energy sources increased by 32 percent to 928 million kWh, while the installed renewable energy capacity increased by 18 percent to 296 MW.
Under the plan of measures to develop alternative and renewable energy, Kazakhstan seeks to operate 106 renewable energy stations with a total capacity of 3,054.55 MW by 2020. In 2017-2018, 18 more wind farms, 13 hydro power stations and 7 solar energy stations will be put into operation.
The power generation in Kazakhstan is carried out by 118 electric stations of various forms. As of Jan.1, 2017, the total installed capacity of Kazakhstan's power plants is 22,055.5 MW, the available capacity is 18,789.1 MW