Kazakhstan likely to miss its 2030 renewables target

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Kazakhstan achieved its short-term target of generating 3% of its electricity from renewables in 2020. In 2021, the country revised the renewables target for 2030 to 15% from the previous 10%. However, as per the current trend, the country will be able to achieve only 10.3% of electricity generation through renewables due to lack of flexible generation, states GlobalData, a leading data and analytics company.

GlobalData’s latest report, ‘Kazakhstan Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2023-2035’, notes that the country’s power sector is characterized by its high dependence on thermal power, which accounted for... ... More: Official Press Release GlobalData

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