Improvement of Renewable Energy Support Policies in Kazakhstan

Abstract

Kazakhstani government has adopted the Concept on Transition to Green Economy in 2013 to join 30 developed countries in the world. The Concept aims to increase the share of renewable energy resources in energy profile to 3% by 2020, to 30% by 2030 and 50% by 2050. Implementing renewable energy sources has been a slow process despite its great potential. The current share of renewable energy is below 1%, as Kazakhstan faces impediments in its pursuit of reaching the targets. This research aims to identify possible barriers in achieving the stated targets and provide solid recommendations to overcome them.