Kazakhstan energy storage europe

Why should Kazakhstan export green energy to Europe?

By exporting green electricity and green hydrogen to Europe, Kazakhstan can provide a stable and sustainable energy supply, helping the EU meet its climate goals and reduce dependence on fossil fuels. Also, from the EU perspective, Kazakhstan’s burgeoning renewable energy sector holds the key to bolstering Europe’s energy security.

Where does Kazakhstan get its electricity from?

Being rich in fossil fuels, Kazakhstan gets most of its electricity from coal and natural gas. According to the Kazakh Ministry of Energy, in 2023 the electricity generated by renewable energy sources reached only 5.92% of the total electricity production.

Is Kazakhstan a good place to invest in solar power?

Kazakhstan has remarkable solar potential with a very well-designed auction system, a clear renewable capacity addition schedule, and a solid decarbonisation target. The country is now also including storage systems as part of its public procurement strategy in a move that will ease further integration of renewables into the grid.

Could Europe buy 'green electricity' from Kazakhstan?

Although the EU sees Kazakhstan as a very important oil supplier, and a potential exporter of critical minerals, in the mid-term European nations could begin purchasing “green electricity” from the energy-rich Central Asian country. Being rich in fossil fuels, Kazakhstan gets most of its electricity from coal and natural gas.

Can solar power drive Kazakhstan's Energy Transition?

However, Kazakhstan’s solar ambitions do not fully tap into its potential, and the technology could play a far larger role in the country’s energy transition due to its low cost and flexibility. The focus now is on leveraging solar’s comparative advantages to drive forward Kazakhstan’s decarbonisation and harness its significant solar resources.

Is Kazakhstan suitable for wind energy production?

More importantly, the Central Asian nation’s steppe geography makes it suitable for wind energy production. In 2023, the volume of electricity generated by wind power plants amounted to 3.8 billion kWh, while experts estimate the potential of wind energy in Kazakhstan at 920 billion kWh per year.