Over the past decade, Kazakhstan has been developing its legal and regulatory framework in the renewable energy sector. The government of Kazakhstan adopted the concept of the Green economy transition of the Republic of Kazakhstan and established ambitious indicators of renewable energy generation until 2050: 3% by 2020, 10% by 2030, and 50% by 2050.
The introduction of these amendments will increase the investment attractiveness of the RES in Kazakhstan, boost investors’ confidence, and support RES in general.
Currently, Unicase is assisting USAID and Tetra Tech in connection with the “Power Central Asia” project. concerning five Central Asian countries — Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan. The purpose of the project is for these Central Asian countries to meet their national and regional priorities in energy security and unlock the economic benefits of regional energy trade.
The activity includes the collaboration with national governments and energy stakeholders to address three objectives: to update their national energy strategies, to scale up clean and renewable energy and to support regional energy cooperation.
Together with USAID, Unicase is providing technical services to national governments, utilities, and other stakeholders, including international institutions and development organizations, system operators, local and international investors, and energy companies. USAID is enabling national and regional energy market reforms, strengthening the regional electricity market, and promoting greater adoption of clean energy technologies from conventional and renewable sources. Our legal experts are advising on the implementation of by-laws and regulations for the recently adopted Law on amendments to the RES and Electricity Laws.