Kazakhstan Power Report Q1 2014 - New Market Study Published
Healthy growth is anticipated for Kazakhstan's power sector over BMI's 10-year forecast period, both in terms of generation and consumption. Non-hydro renewables will be the primary growth driver, with a slew of wind and solar projects in the pipeline. These are attracting foreign players, with noted interest from French, German and South Korean companies. However, coal will retain its dominance, accounting for over 80% of the country's energy generation by 2022. Power production will comfortably meet demand, with Kazakhstan's dependence...
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