Is Kazakhstan phasing out inefficient subsidies and modernizing its energy infrastructure?

Kazakhstan's energy sector has long been dependent on fossil fuels, and the country now faces the challenge of phasing out inefficient subsidies and modernizing its energy infrastructure.

Is Kazakhstan at a crossroads in its energy sector?

Kazakhstan, a vast and resource-rich nation in Central Asia, is at a crossroads in its energy sector. With a growing emphasis on sustainability and a need to align with global decarbonization efforts, the country is embarking on a transformative initiative that aims to ensure the security and reliability of its energy supply.

What is Kazakhstan's energy subsidy reform plan?

At the heart of this endeavor is a comprehensive energy subsidy reform package, driven by a partnership between the Government of Kazakhstan and the World Bank, working closely with the private sector.

What is the energy tariff workshop in Astana?

The Energy Tariff Workshop in Astana gathered over 70 online and offline participants to discuss practical application of the proposed package of reforms and the new tariff methodology. This energy subsidy reform initiative represents a pivotal milestone for Kazakhstan in working towards a more secure, sustainable, and reliable energy supply.

Will Kazakhstan's Energy Transition be a model for other countries?

Kazakhstan’s progress on the energy transition can serve as a model for other countries in the region and beyond on advancing a just transition away from fossil fuels–helping to build a more sustainable, resilient economy for all.

How many companies attended powerexpo Almaty 2023?

In 2023, there were 117 companies from 10 countries at the Powerexpo Almaty 2023, including Austria, Armenia, Belarus, Germany, Kazakhstan, China, Russia, Slovakia, Finland and France.