1 GW Renewables Auction In Kazakhstan

Kazakhstan Embraces Renewables Auction Program And Is Set To Invite Bids For 1 GW Of Capacity In 2018
04:30 AM (Beijing Time) - 30. January 2018

Key Takeaways

  • Kazakhstan’s Deputy Minister of Energy Ghani Sadibekov has announced 1 GW of renewable energy up for auction in 2018
  • The first round will be held in May 2018
  • International players, including ACWA Power, Sky Power, Shell, GE and Goldwind have expressed intentions to participate in the auction, stated the minister
  • At least 10 renewable energy facilities, representing 123 MW of capacity, are planned to be commissioned in 2018

The government of Kazakhstan plans to launch an international auction system for the development of renewable energy sources with 1 GW of capacity. The first bidding round is apparently scheduled for May 2018.

Deputy Minister of Energy Ghani Sadibekov did not share any additional details about the auction process or the capacities his government plans to allocate for each renewable energy technology in the auction. “A number of domestic and foreign companies, including ACWA Power (Kingdom of Saudi Arabia), SKY Power (Canada), Shell, General Electric (US) and Goldwind (China) expressed their desire to participate in the auction,” outlined a governmental statement.

The minister highlighted that an international auction system will ensure transparency in project selection and will also lead to a reduction in electricity tariffs for end-users.

In 2018, the country plans to commission 10 renewable energy facilities with a cumulative capacity of 123 MW.

Last year, Kazakhstan generated 1.1 billion kWh of clean energy; this year, the target is to take that figure up to 1.7 billion kWh.

A number of solar power plants are already under construction in the country. The European Bank for Reconstruction and Development (EBRD) is supporting 3 solar power projects in Kazakhstan under its Kazakhstan Renewables Framework. The projects include Burnoye Solar I, Burnoye Solar-2 and Baikonur PV plant, each with 50 MW of capacity (see EBRD: $110 Million For Renewables In Kazakhstan). Earlier this year, the bank announced a $12.7 million loan for the 14 MW Zadarya Solar Plant in the country, which will be developed by French company Urbasolar SAS (see EBRD Backs 14 MW Kazakh PV Project).

Sadibekov said his country is looking at having a 30% share of renewable and alternative energy sources in the total power mix by 2030. At the same time, it aims to reduce its greenhouse gas emissions by 25% by 2020.

 

Anu Bhambhani

Anu Bhambhani is the News Editor of TaiyangNews

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Anu Bhambhani