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Kazakhstan talks long-term forecast for share of local renewable energy sources

Kazakhstan Materials 4 November 2021 12:14 (UTC +04:00)
Kazakhstan talks long-term forecast for share of local renewable energy sources

BAKU, Azerbaijan, Nov. 4

Trend:

The share of renewable energy sources (RES) in Kazakhstan is expected to make up six percent by 2025, Trend reports citing Kazinform.

“Currently, there are 126 RES facilities in the country with an installed capacity of 1,975 megawatts (MW). In 2021, it’s forecasted that the facilities will generate nearly four billion kilowatt hours (kWh), making up 3.5 percent of the total electricity production,” Energy Minister Magzum Mirzagaliyev said at the governmental meeting.

According to Mirzagaliyev, within four years, it’s planned to commission 62 RES projects and large-scale RES projects with a capacity of one gigawatt (GW).

“Within the framework of the implementation of these projects, about one trillion tenge ($428.4 million) will be invested, and more six billion kWh of green energy will be generated,” the minister noted. “The share of renewable energy sources by 2025 will be six percent, and by 2030 it will be at least 15 percent.”

Besides, the share of coal generation in the country will decrease from 70 percent to 40.3 percent, while gas generation will grow from 20 percent to 38 percent, he added.

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