Kazakhstan: Central Asia''s Energy Transition Pioneer
In 2023-2024, Kazakhstan signed deals with leading energy companies such as Saudi Arabia''s ACWA Power, the UAE''s Masdar, and France''s
China Southern Power Grid signed a memorandum with Kazakh partners to jointly develop projects in high-voltage direct current (HVDC) transmission, digital energy solutions, and pumped-hydro energy storage. Another memorandum with Huawei Kazakhstan outlined cooperation in digital transformation and cybersecurity across the energy sector.
A power purchase agreement was signed with China Energy Overseas Investment to supply electricity from the Sauran solar power plant in the Turkistan Region, which includes integrated energy storage systems. QazaqGaz reached a financing agreement with China Construction Bank to support investment projects across its national gas infrastructure.
Bakhytzhan Ilyas, Kazakhstan's vice minister of energy, outlined the country's energy development concept. “Last year, the ministry approved a hydrogen energy development concept through 2035. The concept outlines the need to develop hydrogen production, storage, and transportation.
Akkenzhenov emphasized Kazakhstan's evolving role from resource exporter to energy technology hub, noting a significant shift in the structure of cooperation with China. “Our relations have gone beyond raw material exports. We are building a joint, technologically rich ecosystem.
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