What are Kazakhstan s low-cost energy storage products

What are Kazakhstan's Energy goals?

In 2013, Kazakhstan introduced renewa-ble energy targets: by 2020, 3% of electricity was to be generated from solar, wind, small hydro-power, and biogas – a target that was met on time. By 2030, the goal is to reach 15%. There is also an interim target of 6% by 2025, which Kazakhstan is on track to achieve.

How can Kazakhstan achieve a just energy transition?

For a just energy transition, Kazakhstan must set ambitious but achievable emission reduction tar-gets in all key sectors of the economy, including electricity and heating, transport, and energy-in-tensive industries.

Why is Ka-zakhstan a good country?

Since the beginning of the 21st century, Ka-zakhstan’s revenues from fossil fuel exports have surged,5 complicating efforts to shift towards renewable energy and to reduce carbon emissions. In addition to the oil and gas sector, coal mining, metallurgy, agriculture, and manufacturing are key sectors of Kazakhstan's economy.

Why is coal important in Kazakhstan?

Coal is the backbone of Kazakhstan's energy sector, generating 66% of all electricity15 and 80% of thermal energy.16 It also plays an important role in industry, most prominently in steel production. Kazakhstan fully meets its domestic demand for thermal coal.

What are the major industries in Kazakhstan?

In addition to the oil and gas sector, coal mining, metallurgy, agriculture, and manufacturing are key sectors of Kazakhstan's economy. The country is a leading global producer of metals and min-erals, including uranium (46% of the total global production6), copper, zinc, lead, iron, and gold.

What is Kazakhstan's transition to a green economy?

In May 2013, Kazakhstan adopted the Concept of the Transition to a Green Economy, a pioneering strategic document which called for a 30% share of renewable and alternative (nuclear) energy in total power genera-tion by 2030 and 50% by 2050.