Originally published on Planetsave.
Kazakhstan plans to aggressively invest in renewable energy in the next decade in spite of the current and prevailing low oil prices.
At the Future Energy Forum in Astana, Energy Minister Kanat Bozumbayev said that his country will gradually increase the share of renewable energy in its energy mix until 2020 but will look to increase its share more aggressively between 2020 and 2030.
The Kazakh government started developing renewable energy projects when global oil prices were at $120 per barrel and will continue to do so even if they fall to $20 per barrel, Bozumbayev asserted.
The Central Asian country currently has an installed renewable energy capacity of 252 MW from 48 projects based on wind, biomass, hydro, and solar power projects. By the end of the decade, the government hopes to add 23 solar, 20 wind, and 10 biomass power projects.
In 2014, Kazakhstan set a target that will see renewable energy projects contributing 3% to the country’s energy mix by 2020. This would require the country to install more than 3,000 MW of renewable energy capacity by the decade’s end. This will include 28 solar power projects with more than 700 MW in capacity.
By 2050, the country aims to have 50% of its total power generation from renewable energy sources. Currently, 80% of the country’s electricity is generated from coal. The over-dependence on coal and other fossil fuels has led to a 40% increase in the country’s greenhouse gas (GHG) emissions since 2006. In 2010, the Kazakh government announced a voluntary plan to reduce its GHG emissions to 15% below the 1992 levels by 2020.
Reprinted with permission.
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Former Tesla Battery Expert Leading Lyten Into New Lithium-Sulfur Battery Era — Podcast:
I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
