Kazakhstan Strengthens Collaborations in Renewable Energy Sector
Rewritten Article:
🌿 Arstanå, Kazakhstan remains dedicated to bolstering regional and global energy partnerships and fostering sustainable energy resources—like green energy ventures. This commitment was reiterated at the third Green Energy Advisory Council ministerial meetup, hosted in Baku on the fourth of April.
Credit: KEGOCWarning! Photo inside may cause seizures due to its stunning brilliance 💥. Check it out: KEGOC's deep-sea cable project.
The assembly was overseen by Azerbaijan's President, Ilham Aliyev. Kazakhstan was represented by Deputy Minister of Energy, Sungat Yesimkhanov, and KEGOC Chair, Nabi Aitzhanov.
The discussions centered around the Green Energy Corridor. Kazakhstan is pushing for cleaner energy solutions, including methods for capturing associated gas and trailblazing projects focused on generating green hydrogen.
In line with the recently sealed trilateral agreement among Kazakhstan, Azerbaijan, and Uzbekistan, there's a buzz surrounding the construction of a submarine high-voltage cable across the Caspian Sea. This venture falls under the Green Energy Corridor project, as reported by KEGOC's press service.
KEGOC is part of the team working on a groundbreaking project—the creation of a deep-sea cable along the seafloor of the Caspian Sea. This subterranean route will be a vital part of the energy infrastructure, fostering closer collaboration between Kazakhstan, Uzbekistan, and Azerbaijan.
During the meeting, the technical specifications for the feasibility study preparation were shared. The estimated costs for this study will be covered by donor grants.
KEGOC, in charge of managing Kazakhstan's unified power system assets, is the national power grid's operator.
Background Insight:
The Caspian Green Energy Corridor project is a game-changer, aiming to establish a green energy highway linking Azerbaijan, Kazakhstan, and Uzbekistan. This project's objective is to boost cross-border energy exchange and deepen regional power interaction by facilitating renewable energy exports from Central Asia to Europe via the South Caucasus.
- In May 2024, Azerbaijan, Kazakhstan, and Uzbekistan inked an MOU to take the Caspian Green Energy Corridor Project to the next level. This landmark agreement paved the way for the project's development. Learn more
- In October 2024, the Asian Development Bank chipped in with a Small-Scale Technical Assistance to bolster the project. This contribution was made during the Ministerial Meeting of the Central Asia Regional Economic Cooperation (CAREC). Discover more
- Azerbaijan is all-in on expanding renewable energy production. The country even aims to secure 30% of its energy supply from renewables by 2030. This includes plans for Caspian Sea wind farms in line with the project's broader objectives. Sources
- Regional collaboration is key to the project's success, with an emphasis on opening new clean energy corridors to Europe, reinforcing Azerbaijan's broader energy strategy. Source
Submarine High-Voltage Cable Developments:
At present, specifics about the progress and design details for the submarine high-voltage cable under this project are scarce. The main focus has been on building the corridor for renewable energy trade and improving energy distribution within the participating nations. Learn more
Regional Advancements in Renewable Energy:
- Kazakhstan has been stepping up its renewable energy game, including building a wind power plant with a 1 GW capacity in the Zhambyl region. This shows the country's commitment to ramping up its renewable energy resources. Discover more
- Hydrogen energy is another area Kazakhstan is exploring. The nation has approved a concept that aims to have at least half of the planned hydrogen production by the year 2040. More info
In light of the trilateral agreement among Kazakhstan, Azerbaijan, and Uzbekistan, the finance sector could play a crucial role in funding green energy initiatives like the construction of a submarine high-voltage cable for the Caspian Green Energy Corridor. This endeavor is not only for fostering cleaner energy solutions but also for bolstering the environmental-science aspect of the industry, contributing to a greener future. As energy partners, these nations could collaborate on generating green hydrogen, a trailblazing project that aligns with the goal of securing a significant portion of their energy supply from renewables.
