Eptisa will develop the National Renewable Energy Plan of Kazakhstan

During 2013 will be developed a roadmap for national development of renewable energy, the analysis of different financial options and the improvement of the regulatory framework

April 16 2013

Within the strategy of the Government of Republic of Kazakhstan for the development of alternative and renewable energy sources, the state holding Samruk-Kazyna is pursuing the development of a Plan in this sector with the aim of planning the investment during next 15 years to increase the share of renewable energies up to 10% until 2020.

Eptisa has been awarded this new contract and will develop a roadmap for national development of renewable energy, the analysis of different financial options for its implementation and the improvement of the regulatory framework during 2013.

Within the main objectives of the study, Eptisa will carry out the following activities:

  • Analyze the current situation and provide reports for the preparation of a long term (2013-2030) Road-Map to increase the share of renewable energies up to 10% until 2020:
  • Develop and assess (operationally, economically and environmentally ) three generation capacity alternative scenarios of energy-mix (conventional vs. renewable), from 2015 to 2030
  • Select a list of 5 priority projects and investments in renewable energy power (solar, wind, hydro, etc.) to be launched before 2015.
  • Identify those parts of the renewable value chain where it should foster the local participation and define the investment strategy.
  • Define key regulatory guidelines, and possible organization of administrative bodies responsible for renewable energy development.
  • Develop specific recommendations regarding de development of local skills and capabilities and the capitalization of this plan to maximize Kazakhstan’s economic development.

Kazakhstan, located in Central Asia, is a country which acts as link between the East and West, and together with Russia and Belarus forms a customs union with a potential market of 200 million consumers.

Currently Kazakhstan is in a dynamic economical period and, being one of the five largest gas producers and owning about 3% of the world’s oil reservoirs, which assures it revenues that will support its grow in long term.

Despite this oil dependence (accounting for 25% of GDP and 60% of its exports) Kazakhstan has committed to the development of Renewable Energies with the aim of diversify its energy sources and comply with its international agreements, the United Nations Framework Convention on Climate Change and Kyoto Protocol, among others. Within this context, Astana, the capital of the country, has been designated as venue for the 2017 International Exhibition about “Energy of the Future”.


 
 Eptisa will develop the National Renewable Energy Plan of Kazakhstan