With a power score of 2.37, Kazakhstan ranks number 24 among Emerging markets and number 9 in the Asia-Pacific region.
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Kazakhstan has a power score of 2.37, which puts it at rank 24 in the Emerging Markets power ranking. The power score of Kazakhstan is higher than the average of 2.17 in the Asia-Pacific region.
In the chart above all geographies within the region are arranged by power score from left to right. The circles are sized based on the population.
Kazakhstan implements policies in 6/8 categories tracked by Climatescope; Renewable energy target, Auctions/tenders (utility-scale), Support for customer-sited generation (rooftop and self-consumption), Tax incentives, REC'S - Renewable Energy Certificates, and Priority generation dispatch
The average electricity price in Kazakhstan has decreased from ~$69/MWh in 2023 to ~$62/MWh in 2024. Since 2019, the average electricity price in Kazakhstan has fluctuated between ~$44/MWh in 2022 and ~$69/MWh in 2023.
The top amount of capacity installed in Kazakhstan in 2024 was in Coal at 13.08GW.
The technology with the largest share of electricity generated in Kazakhstan in 2024 was Coal at 75.86TWh, down from 86.76TWh in 2023.
Investment in clean energy in Kazakhstan was around $1.32Bn in 2024. This amounts to an increase of around 213% from $423.57M in 2023.
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This is the 14th edition of Climatescope, BloombergNEF’s annual assessment of energy transition opportunities in emerging markets. It highlights how the energy transition is progressing in these markets and how they are harnessing the transition to boost attractiveness to outside investors.
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