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Renewable Energy Market Watch

Kazakhstan Solar and Wind Power Markets. New feed-in tariffs and very good opportunities for 2014

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Renewable Energy Market Watch

Kazakhstan has also adopted at the end of August 2013 a new feed-in tariff law – “On Supporting the Use of Renewable Energy Sources” – that will provide support to renewable energy producers. The EBRD has worked with the Ministry of Industry and New Technologies and the Ministry of Environmental Protection to help develop various aspects of the new legislation, beginning with the model for determining the feed-in tariffs. The cost of the programme is estimated at KZT1,100 bn (€ 5.3bn).