QAZAQ GREEN. Renewable energy sources (RES) accounted for 6.47% of Kazakhstan's electricity generation in the first half of 2024, as reported by the Ministry of Energy.

• 59 wind power plants with a total capacity of 1,409.55 MW;
• 46 solar power plants with a total capacity of 1,222.61 MW;
• 40 hydro power plants with a total capacity of 269.785 MW;
• 3 biogas power plants with a total capacity of 1.77 MW.

In the first half of 2024, these RES facilities generated 3.896 billion kWh of electricity (wind power plants: 2,325 million kWh; solar power plants: 974.9 million kWh; hydro power plants: 595.36 million kWh; biogas power plants: 0.43 million kWh), making up 6.47% of the total electricity generation.

The Settlement and Financial Center for Support of Renewable Energy Sources LLP has plans to commission 50 RES projects with a total capacity of 1,231 MW. In 2023, 16 RES facilities with a total installed capacity of 495.57 MW were commissioned. This included 12 wind power plants with a total capacity of 437.1 MW in the Akmola and Zhetysu regions, 2 hydro power plants with a total capacity of 3.7 MW in the Almaty and Turkestan regions, and 2 solar power plants with a total capacity of 54.77 MW in the Turkestan region.

Since 2018, RES project selection has been conducted through an auction mechanism, ensuring transparency and a focus on efficient technologies that minimize the impact on consumer tariffs.

International auctions from 2018 to 2023 have allocated a total capacity of 3,255 MW, with participation from around 260 companies across 13 countries: Kazakhstan, China, Russia, Turkey, Germany, France, Bulgaria, Italy, UAE, Netherlands, Malaysia, Spain, Singapore.

Following these auctions, 70 companies have signed contracts with the Settlement and Financial Center for Support of Renewable Energy Sources LLP for capacities totaling 1,699 MW, with contract durations of 15-20 years. In 2023 alone, 38 companies secured contracts for 757.2 MW.

The plan and schedule for auctions from 2023 to 2027, approved by the Minister of Energy's Order No. 187 dated May 23, 2023, outlines a capacity of 6,720 MW, considering target indicators, infrastructure readiness, and electricity demand. This plan aims to guide investor decisions for constructing RES facilities.