Market Report, "Kazakhstan Power Report Q3 2014", Published
We expect healthy growth in Kazakhstan's power sector over BMI's 10-year forecast period to 2023 , in terms of generation and consumption. Coal will retain its dominance, accounting for over 80% of the country's energy generation by 2023. However, non-hydro renewables will grow rapidly, with a slew of foreign-financed wind and solar projects in the pipeline. The government also plan s to restart the exploitation of nuclear energy, helped by Kazakhstan's vast uranium wealth. Power production will comfortably meet demand,...
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