Kazakhstan’s Energy Transition

Kazakhstan’s Energy Transition

Today, approximately 70% of Kazakhstan’s total energy is generated by coal and only 3% by renewable energy sources. A focused energy transition is required for Kazakhstan’s development towards sustainable development.

Kazakhstan has endorsed the decarbonization strategy of the economy or the so-called doctrine. In November 2021, President Tokayev endorsed a 2060 net-zero doctrine. In 2022, the government will finalize the country’s new 2060 net-zero strategy. Thus, Kazakhstan will be shifting from having energy generated from coal into energy which is completely generated from renewables by 2060.

Hydrocarbons’ deep processing is a priority area for developing Kazakhstan’s oil and gas sector into energy transition, moving away from coal, transitioning towards renewables.

“[Enterprises] should be created [around the central production nodes of the oil and gas chemical industry] to process base products into finished ones for both industrial and household use, and for both domestic and export markets.”
– Kassym-Jomart Tokayev, President of Kazakhstan

It is therefore important to note that the key theme for Kazakhstan is the energy transition process which has to happen by developing a gas processing industry.