The Republic of Kazakhstan is among the world leaders in the variety and quantity of mineral resources. As the most significant among those for the country’s economy are oil and gas, coal and other ore minerals, which is why the legal framework in these economic sectors is so well-developed, historically the government has been less focused on the development of alternative energy sources. For instance, at present the majority of power stations in Kazakhstan run on natural gas, coal or oil derivatives.
However, the recent crisis in the world economy and the awareness of the need to reduce the energy intensity of the economy and the environmental impact have led the leadership of the country to actively focus on the creation of favorable conditions for the use of renewable energy sources ("RES").
Based on the studies on these matters, the president of the Republic of Kazakhstan approved the State Program of Boosted Industrial and Innovative Development of the Republic of Kazakhstan in 2010 – 2014 (the "Program") on 19 March 2010. The Program confirms the significant potential of RES, such as water, wind and solar power in Kazakhstan in the short-term and medium-term perspective.
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