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Kazakhstan Hydroelectric Power Plant Industry Analysis
Current Scenario:
Kazakhstan has significant potential for hydropower development with its numerous rivers, large water basins, and favorable topography. The country has a total installed hydropower capacity of around 3,000 MW, which accounts for about 12% of its total installed power generation capacity. The existing hydropower plants in Kazakhstan are mainly located in the east and southeast regions of the country. The Shulbinsk hydropower plant on the Irtysh River is the largest hydropower plant in Kazakhstan, with a capacity of 702 MW.
Construction of New Projects:
Kazakhstan has several new hydropower projects in the pipeline, which are expected to add significant capacity to the country's energy mix. One of the largest new projects is the Koktal-1 hydropower plant, which is currently under construction on the Ili River and is expected to have a capacity of 195 MW. The project is expected to be completed in 2022. The country also has plans to construct several small hydropower plants, such as the 10 MW Kapshagay hydropower plant on the Ili River.
Major Drivers:
The main drivers of the hydropower industry in Kazakhstan are the country's abundant water resources, favorable topography, and government support. The government has set a goal to increase the share of renewable energy in the country's total electricity generation to 10% by 2030, which is expected to drive investments in the hydropower sector. Additionally, the government has implemented several policies to support the development of the renewable energy sector, such as feed-in tariffs and tax incentives for renewable energy projects.
Industry Outlook:
The hydropower industry in Kazakhstan is expected to continue to grow in the coming years, driven by the country's abundant water resources and favorable policies. The government's target of increasing the share of renewable energy in the country's total electricity generation to 10% by 2030 is expected to drive investments in the hydropower sector. Additionally, the growing demand for electricity in the country is expected to create opportunities for new hydropower projects. However, the industry also faces challenges such as financing, environmental concerns, and the need for improved infrastructure.
In conclusion, Kazakhstan has significant potential for the development of hydropower, and the country's government is taking steps to support the growth of the industry. The construction of new projects, such as the Koktal-1 hydropower plant, is expected to add significant capacity to the country's energy mix, and the industry is expected to continue to grow in the coming years.
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