In order to ensure a reliable supply of power, in the coming years Kazakhstan will gradually be introducing new energy-generating capacities and modernizing existing power plants. The country is also aiming for a significant reduction in coal-based electricity generation through the introduction of renewable energy sources and electricity generated from natural gas.
At a government meeting chaired by Prime Minister Alikhan Smailov on January 16th, Energy Minister, Almasadam Satkaliev reported that there are 220 power plants in operation in Kazakhstan, including 144 renewable energy facilities with a total capacity of 2.8 GW. As of January 1st, 2024, the country’s total available generation capacity was 20.4 GW, and the maximum consumption in the current autumn-winter period was 16.6 GW.
The minister said that in 2023, Kazakhstan’s electrical energy consumption was 115 billion kWh, compared to 112.9 billion kWh in 2022. Power generation amounted to 112.8 billion kWh, the import of electrical energy was 3.4 billion kWh, and export 1.4 billion kWh.
The Prime Minister emphasized that the Head of State had ordered that an additional generating capacity of at least 14 GW be commissioned, which is also necessary to achieve the goal of doubling the country’s GDP. “To do this, we need rapid development of the energy industry,” Smailov said. To achieve a 15% share of renewable energy by 2030, major projects will be implemented with strategic investors, such as Total Energies, ACWA Power and Masdar, he stated.