Thursday, May 26, 2016

Kazakhstan will use energy auctions to boost renewables


The auctions are intended to make the selection process for projects and investors transparent and clear, increasing the effectiveness of technologies and minimising influence on tariffs. The decision to introduce the auctions was made contingent upon the analysis of best world practices, cooperation with EU, international organisations and institutions.
The Minister of Energy emphasised that state support of renewable energy in the country is based on long-term policy, including development and improvement of necessary legislation and standards. 48 renewable energy projects have been launched in the country to date, with plans to implement more than 100 projects by 2020. Read more at http://astanatimes.com