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Renewable Energy Policy Hard TalkHard Talk on the issue: “Implementation of the Auctions Mechanism for Renewable Energy Sources”On April 26-27, 2018 in the conference hall of The Ritz Carlton Hotel in Astana, Hard Talk on the issue “Implementation of the Auctions Mechanism for Renewable Energy” was held and organized by the Ministry of Energy of the Republic of Kazakhstan jointly with the United Nations Economic Commission for Europe, the European Union, USAID and KAZENERGY Association.
As you know, the auctions will be held on the projects selection for the generating facilities construction that operate based on Renewable Energy Sources (RES) in 2018 in Kazakhstan. Based on the approved data in the schedule, the total capacity planned for the selection in 2018 will be 1000 MW, with the breakdown by the types of power plants:
- Solar power plants - 290 MW;
- Wind power plants - 620 MW;
- Hydroelectric power plants - 75 MW;
- Bio PP - 15 MW.
The Minister of Energy of the RK Kanat Bozumbayev noted that today in Kazakhstan there are 58 objects of renewable and alternative energy sources. In plans - in the next 3 years, that is, until 2020 meet the share to 3% of the total output, and until 2050 – up to 50%. It should be reminded, at the beginning of this year, the share of renewable energy was only 1.1%. Representatives of the Ministry of Energy and KOREM JSC told the participants about the process of bidding on the electronic site. Participants will be able to offer their tariffs for a 3-hour session. With the one who will provide the lowest tariff, a 15-year contract will be signed. However, the tariffs will be indexed.
During the Q&A session, the event participants openly exchanged views and identified key problems that impede investment in the RES sector, and also proposed effective ways to solve them.
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