Analysis of Past, Present & Future Developments in Green Technology: Renewable Energy Sources (RES) field of Kazakhstan

Abstract

The following thesis conducts a research on understanding Kazakhstan’s potential of reaching its target indicators in renewable energy sources (RES) field. One of the future ambitious aim of Kazakhstan in developing the concept of “Green Economy” is to reach renewable energy consumption level in electricity to 3% (solar and wind) by 2020, 10% by 2030 and 50% (alternative and renewable energy sources) by 2050. The author was interested in studying the presence of Kazakhstan in developing RES field, which affects the economy of the country and well-being of the citizens as well as achieving its goal of being amongst 30 most developed countries in the world according to Kazakhstan 2050 Strategy. The author aims to understand whether it is high or low probability for Kazakhstan to achieve its goals in RES field, by making detailed exploratory research as well as based on analysis of numerical data. Additionally, through the participation in official meetings and international events the author gathered valuable insights in understanding and elaborating the topic. The entire investigation of the thesis is fundamentally based on the analysis / assessment of past, present and future developments of Kazakhstan in RES field. This approach enables to fully understand the topic from the past to the future to seek for patterns and progress of Kazakhstan, and finally provide reasonable conclusion for the research, which eventually explains that Kazakhstan is showing high probability in reaching its nearest targets in RES field.