AEF expert: Kazakhstan needs to accelerate transition to green economy
World renowned experts discussed ways to speed up Kazakhstan’s transition to the green economy at the Astana Economic Forum. Energy Program Director at the Grattan Institute Tony Wood believes that the improvement of legislation in the relevant area would facilitate this process. Kazakhstan expects to increase the share of renewable energy in the overall energy mix to a minimum of 3% by 2020, and bring this figure to 50% by 2050.
Tony WOOD, ENERGY PROGRAM DIRECTOR AT GRATTAN INSTITUTE:
We have two things to do. One is to reduce the dependence on fossil fuels, and the other is to increase adoption of clean fuels, which is wind energy and solar energy.
In Australia we are now nearly 20% of our electricity comes from wind and solar. This requires clear policy to support the transition both away from fossil fuels and towards clean technology. So I think Kazakhstan also need to borrow the policies of other countries to get the right combination for Kazakhstan. And it is very important that as we make this transition our energy still must be reliable and it still must be affordable.