Kazakhstan has large reserves of energy resources (oil, gas, coal, uranium) and it is an energy power.
Compared to 2021, the total primary energy consumption increased by 1.7% and in 2022 amounted to 69868.3 thousand tons of oil equivalent (1000 tons).
All power plants of the republic produced 113.7 billion kWh in 2022.
In 2022, the volume of electricity production amounted to 112.8 billion kWh, including 13,419 million kWh due to renewable energy sources, including 9,201 million kWh due to hydroelectric power plants, 2,318.7 million kWh due to wind power plants, and 1,899.6 million kWh due to solar power plants.h and biogas plants – 2.9 million kWh.
Coal occupies the largest share in the structure of total primary energy consumption – 48.2%. The next largest are natural gas – 26.4%, oil and petroleum products – 23.5% of the total primary energy consumption.
At the moment, the potential of nuclear energy in Kazakhstan is not involved, despite the fact that the reserves (according to the IAEA) of uranium in the country are estimated at 700 thousand tons. The main deposits are located in the south of Kazakhstan (Turkestan and Kyzylorda regions), in the west in Mangystau, in the north of Kazakhstan.
Kazakhstan has significant hydro resources, theoretically the capacity of all the country's hydro resources is 170 billion kW.h per year. The main rivers are the Irtysh, Ili and Syr Darya.
Also, in order to support the development of renewable energy, preferential conditions for the purchase of "green" electricity are provided (fixed tariffs, "green" certificates, guaranteed purchase based on the results of auctions, etc.), priorities when connecting generating plants that generate electricity from renewable energy to the electric networks, as well as when transmitting and using the electricity generated by them.
The state at the republican and local executive level creates conditions for the development of this industry by creating favorable conditions for doing business in the country. Investors are offered preferential credit terms, customs duties, tax breaks and in-kind grants.