Menu

Kazakhstan Wind Market: Outlook 2016÷2025 - Single User

Product Variations
Base price for variant: 1985,00 €
Discount: -397,00 €
Sales price: 1588,00 €

With shipment by Email for 0,00 €

Description

Wind Power Market in Kazakhstan is expected to grow fast in the period 2016 - 2025. New feed-in tariffs for wind power entered into force in 2014 ...

Update: June, 2017
Format: 1 file(s) (PDF report) in English language
Author: Renewable Market WatchTM
Pages: 137
Report production №:
RMWIN3492016158
Delivery:
Up to 24 hours by e-mail

  • This market report offers an incisive and reliable long-term overview of the wind power sector of the country for the period 2016 ÷ 2025. In view of recent cuts in FIT’s and green certificates announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria, Romania Greece and Italy, the Republic of Kazakhstan represents a stable investment environment in CIS region with clear rules and feed-in tariff support scheme and auction (tender) procedure. Current cumulative installed wind capacity in the country is insignificant, but a number of fully permitted and ready to build projects will promptly increase in 2017 and next years. 

    First MW size wind power plants have been launched into commercial operation, whilst pipeline of over 1,300 MW (1.3 GW) wind projects pipeline are progressing in different stages of permitting process. Feed-in tariff for wind energy has been approved in Kazakhstan in June 2014 combined with 15 years PPA period and announced auction (tender) procedure  are expected to pave the way for fast further growth of wind power market in Kazakhstan. The report provides a complete picture of the market situation, dynamics, current issues and future prospects.

    You will find more than 130 pages of valuable information in this unique in-depth analysis of the Kazakhstan wind power market. With comprehensive market data this report brings clear and concise insights, to help investors in their decision making process. As 2015 and 2016 were challenging years for world wind energy industry, the time for taking right decisions during 2017 and the next few years is limited. Fast changing market environment requires relevant and accurate information. Reasons to buy this market report are, but no limited to:

    • Wind resource potential in Kazakhstan
    • Historical market data provided from 2000 to 2016 and forecasts until 2025
    • Financial Model and Analysis of 50 MW Wind Power Plant investment in Kazakhstan (IRR, WACC, Payback, NPV, Cash Flow, etc.)
    • Over 55 charts, tables and maps
    • Overview of announced auction (tender) procedure for renewable power plants in Kazakhstan
    • Overview of Kazakhstan wind power market development 1990 ÷ 2025
    • Development scenario of Kazakhstan wind power sector until 2025
    • Major active and upcoming wind power plants (wind farms) in Kazakhstan
    • Current market prices of fully permitted and operational wind power projects
    • Attractiveness indices for wind energy investments in Kazakhstan and CIS countries
    • SWOT Analysis (detailed in 5 pages)
    • Overview of Kazakhstan legal and regulatory framework for RES generation
    • Review of most relevant financing and supporting incentives
    • Project developers, EPC providers and Consultants in Kazakhstan
    • Key organizations and stakeholders affecting development of the wind power sector in Kazakhstan
    • Investment potential and opportunities

    At next pages you will see the full table of content of this report. To order this report just click on the button "ADD TO CART". If you have any other questions please do not hesitate to call us on ++44 203 60 80 138 or write an e-mail to orders@renewablemarketwatch.com

  • TABLE OF CONTENTS    3
    FOREWORD    8
    1    METHODOLOGY AND LIMITATIONS    10
    1.1    Research Methodology    10
    1.2    Limitations    11
    2    EXECUTIVE SUMMARY    12
    2.1    Historical and Current Development Overview of Wind Power Market in Kazakhstan    12
    2.2    Kazakhstan Wind Resource Potential    12
    2.3    Key Stakeholders Affecting Wind Power Market Development in Kazakhstan    13
    2.4    Market Drivers and Constraints    14
    2.5    Auction (Tender) Procedure for Wind Power Plants in Kazakhstan    14
    2.6    Recent and Pending Changes in Renewable Energy Law in Kazakshtan    14
    2.7    Market Forecast Summary    15
    3    KAZAKHSTAN POLITICAL AND ECONOMIC ENVIRONMENT. PEST ANALYSIS    17
    3.1    Basic Country Data    17
    3.2    Political Climate and Ruling Party    20
    3.3    GDP and Economic Growth    22
    3.4    Taxes    26
    3.4.1    VAT    26
    3.4.2    Income and Corporate Taxes    27
    4    COMMONWEALTH INDEPENDENT STATES (CIS) AND CENTRAL-EAST EUROPE (CEE) POWER MARKET    28
    4.1    General Electricity Market information    28
    4.2    Wind Power in Energy Sector    35
    4.3    Single Electricity Market of European Union    39
    4.4    CIS States Common Electricity Market (CIS CEM)    41
    4.5    Electricity Market Concept of Eurasian Economic Union    42
    5    COMMONWEALTH INDEPENDENT STATES (CIS)  WIND POWER MARKET    43
    5.1    Market Overview    43
    5.2    Cumulative (CAGR) Installed Wind Power Capacity and Revenue    44
    5.3    Annual Installed Wind Power Capacity and Revenue    45
    5.4    Future Development Trends    46
    6    KAZAKHSTAN POWER MARKET    47
    6.1    Electricity Transmission and Distribution    47
    6.2    Electricity Consumption and Generation    50
    6.3    Electricity Imports and Exports    52
    6.4    Electricity Prices for Business and Households    54
    6.5    Renewable Energy Sources (RES) Targets    55
    7    KAZAKHSTAN WIND POWER MARKET    57
    7.1    Why Invest in Wind Power in Kazakhstan?    57
    7.2    Kazakhstan Wind Resource Potential    58
    7.3    Licensing Period Duration    60
    7.4    Regional Substation Capacities for Wind Power Projects in Kazakhstan    61
    7.5    Overview of Wind Power Market in Kazakhstan    61
    7.6    Market Structure Analysis    64
    7.7    Investment Trends and Development Roadmap    64
    7.8    Competitive Environment in Wind Power Market    65
    7.9    Profiles of Key Players and Investors in Wind Power Market    67
    7.10    Cumulative (CAGR) Installed Wind Power Capacity and Revenue    67
    7.11    Annual Installed Wind Power Capacity and Revenue    68
    7.12    Market Prices for Wind Power Projects in Kazakhstan in Development, Ready to Build and Operational (Grid Connected) Condition    69
    7.13    Key Cost Structure Elements of Wind Power Plant in Kazakhstan    70
    7.14    Levelized Cost of Energy (LCOE) for Wind Power in Kazakhstan    70
    7.15    Key Wind Power Projects in Kazakhstan Under Development    70
    7.16    Mergers and Acquisitions    75
    8    DRIVERS AND CONSTRAINTS OF WIND POWER MARKET IN KAZAKHSTAN. SWOT ANALYSIS    77
    8.1    Market Drivers    77
    8.2    Market Drivers Explained    77
    8.3    Market Constraints    77
    8.4    Market Constraints Explained    77
    8.5    SWOT Analysis    78
    9    FINANCIAL ANALYSIS OF WIND POWER MARKET IN KAZAKHSTAN    81
    9.1    Financing Options of Wind Power Projects in Kazakhstan    81
    9.2    Financial Model and Analysis of 5 MW Wind Power Plant investment in Kazakhstan (IRR, WACC, Payback, NPV, Cash Flow, ETC.)    86
    10    TECHNOLOGY ANALYSIS    89
    10.1    Wind Power Technology Overview    89
    10.2    Technology Trends    90
    11    CIS COUNTRIES RENEWABLE ENERGY POLICY LANDSCAPE    93
    11.1    RES Regulations and Directives of European Union (EU) affecting CIS countries    93
    11.1.1    Precedent Regulations    93
    11.1.2    EU 2030 Framework for Climate and Energy Policies    94
    11.1.3    EU Energy Roadmap 2050    98
    11.2    Renewable Energy Sources (RES) Strategy for Commonwealth Independent states (CIS) Developed by UN ECE    100
    11.2.1    Development of Educational Activity and Personnel Training    101
    11.3    Renewable Energy Sources (RES) Mandatory Targets for CIS Countries    102
    12    KAZAKHSTAN RENEWABLE ENERGY SOURCES (RES) LEGAL AND REGULATORY FRAMEWORK    104
    12.1    Main Laws and Regulations    104
    12.2    Support Schemes    105
    12.3    Recent and Pending Changes in Renewable Energy Law in Kazakshtan    106
    12.4    Auction (Tender) Procedure for Wind Power Plants    107
    12.5    Zoning, Planning and Construction Related Authorizations    108
    12.6    Environmental Related Authorizations    108
    12.6.1    Environment Protected Areas    109
    12.6.2    Clean Development Mechanism (CDM) and Joint Implementation (JI)    110
    12.7    Energy Law Authorizations    111
    12.7.1    Power Generation Licensing    111
    12.7.2    Grid Interconnection and Quota Limitations by 2020    113
    12.7.3    Power Off-Take    113
    12.7.4    Feed-in tariff (FIT)    113
    12.7.5    RES Certificates (Guarantees of Origin)    115
    12.8    Additional Incentives for Wind Power Projects in Kazakhstan    115
    12.9    Future Market Pricing Mechanisms    115
    13    KEY STAKEHOLDERS AFFECTING WIND POWER MARKET DEVELOPMENT IN KAZAKHSTAN    116
    13.1    Government Stakeholders    116
    13.2    Non-Government Stakeholders    118
    13.3    Electricity Generation, Transmission System Operator (TSO) and Distribution System Operators (DSO’s)    118
    14    CONCLUSIONS AND RECOMMENDATIONS    129
    15    LIST OF ABBREVIATIONS    132
    16    REFERENCES    134
    17    DISCLAIMER    137
    APPENDIX I. WIND RESOURCE MAPS OF CIS COUNTRIES AND KAZAKHSTAN    138

  • Map 1: Where is Kazakhstan on the CIS Countries Map    17
    MAP 2: Major Transport Corridors Passing Through Kazakhstan    18
    MAP 3: Kazakhstan Administrative Regions Map    19
    MAP 4: The Synchronous Grids of Europe and CIS States  28
    MAP 5: Interconnection Grid Map of Central-East Europe and CIS States, ENTSO-E    29
    Map 6: Electricity Grid Map of Kazakhstan (1150-500-220-110 kV), KEGOC    50
    Map 7: Wind Resource Map of Kazakhstan at 80 m.a.g.l.     58
    MAP 8: Kazakhstan Wind Atlas, Parsons Brinckerhoff 2011    59
    MAP 9: Environment Protected Areas in Kazakhstan    110
    Map 10: Districts covered by East Kazakhstan Regional Energy Company JSC (EK REC)    126
    MAP 11: Districts covered by PAVLODARENERGO/Central-Asian Electric Power Corporation (CAEPCO)    127
    Map 12: Mean Wind Speed in CIS Countries at 80 m.a.g.l., 3TIER Inc., 2014    138
    Map 13: Global Mean Wind Speed at 80 m.a.g.l., 3TIER Inc., 2011    139

    Chart 1: Kazakhstan Real GDP Growth for the Period 2000 ÷ 2025 (including forecast)    24
    Chart 2: Kazakhstan GDP Growth Compared to EU-27 for the Period 2000 ÷ 2025 (including forecast)    25
    Chart 3: Corporate Tax Income in Selected Central-East Europe (CEE) and Commonwealth Independent States (CIS)     26
    Chart 4: Physical Energy Flows Values in GW in Central-East Europe (CEE) and Commonwealth Independent States (CIS) in 2016    30
    Chart 5: Share of Renewables in Electricity Generation in Selected Central-East Europe (CEE) Countries and Commonwealth Independent States (CIS), 2016 (in %), EuroStat    32
    Chart 6: Average Base Load Electricity Price in Selected European Countries (EUR/MWh): 2008 - 2016    33
    Chart 7: Forecast for RES Generation Capacity by Source Type in the EU to 2020 and 2030 (in GW), ENTSO-E    34
    Chart 8: Net Power Generation Added Capacities in the EU 28 in 2016 (MW), WindEurope, SolarPower Europe    35
    Chart 9: Age of Power Plants in Europe in 2016; SolarPower Europe    36
    Chart 10: Share of New Power Generation Capacities Added in the EU 28 in 2016 (MW), WindEurope    37
    Chart 11: Installed Power Generating Capacity per Year (MW) and Renewable Share (in %) 2000 – 2016, WindEurope     38
    Chart 12: New Installed and Decommissioned Power Generation Capacity in the EU 27 for 2016 (GW), WindEurope     38
    Chart 13: Cumulative (CAGR) Installed Capacity of Wind Power Plants (in MW) in Commonwealth Independent States (CIS) 2000 ÷ 2025, including forecast    44
    Chart 14: Cumulative (CAGR)  Revenue of Wind Power Plants (in Millions USD) in Commonwealth Independent States (CIS) 2000 ÷ 2025, including forecast    45
    Chart 15: Annual Installed Capacity of Wind Power Plants (in MW) in Commonwealth Independent States (CIS)  2000 ÷ 2025, including forecast    45
    Chart 16: Annual Revenue of Wind Power Plants (in Millions USD) Commonwealth Independent States (CIS)  2000 ÷ 2025, including forecast    46
    Chart 17: Existing and Planned High Voltage Interconnection Power Lines of Kazakhstan with Neighbor Countries    47
    Chart 18: Structure of the Existing Wholesale Electricity Power Market in Kazakhstan    48
    Chart 19: Structure of Kazakhstan Power Market    49
    Chart 20: Share of RES electricity from Total Installed Power Capacity in Kazakhstan in 2016    50
    Chart 21: Kazakhstan Total Annual Electricity Consumption (in TWh) 2000 ÷ 2016    51
    Chart 22: Kazakhstan Power Generation Capacity Breakdown by Source (Fuel) Type in 2016    52
    Chart 23: Electricity Imports and Exports in Kazakhstan 2000 ÷ 2025 (in TWh) including forecast    53
    Chart 24: Kazakhstan Targets for Renewable Energy Sources (RES) by 2050 (in %)    56
    Chart 25: Cumulative (CAGR) Installed Capacity of Wind Power  Plants in Kazakhstan (in MW) 2000 ÷ 2025, including forecast     67
    Chart 26: Cumulative (CAGR) Revenue of Wind Power  Plants in Kazakhstan (in Millions USD) 2000 ÷ 2025, including forecast    68
    Chart 27: Annual Installed Capacity of Wind Power Plants in Kazakhstan (in MW) 2000 ÷ 2025, including forecast    68
    Chart 28: Annual Revenue of Wind Power Plants in Kazakhstan (in Millions USD) 2000 ÷ 2025, including forecast    69
    Chart 29: Levelized Cost of Energy (LCOE) for Wind Power in Kazakhstan    70
    Chart 30: KAZSEFF Structure    82
    Chart 31: Cumulative Cash Flows and Break-Even Point of 50 MW Wind Power Plant Investment in Kazakhstan    88
    Chart 32: Wind Power System Price Evolution (€/MW) 1990 ÷ 2016    91
    Chart 33: Corporate Structure of KEGOC    119


    Table 1: Electricity Prices for Business and Households    54
    Table 2: Support Schemes for Renewable Energy Sources (RES) Generation in the EU Countries and CIS Countries    57
    Table 3: Kazakhstan Wind Power Potential by Regions (in MW) and Electricity Generation (in GWh)    60
    Table 4: Market Prices for Wind Power Projects in Kazakhstan for 2016 ÷ 2025 in Development, Ready to Build and Operational (Grid Connected) Condition     69
    Table 5: Key Cost Structure Elements of Wind Power Plant in Kazakhstan    70
    Table 6: Database with Major Operational (Grid Connected), Under Construction and Planned Wind Power Projects in Kazakhstan    72
    Table 7: Key Financial Parameters of 50 MW Wind Power Plant Investment in Kazakhstan    86
    Table 8: Key Financial Viability Indicators of 50 MW Wind Power Plant Investment in Kazakhstan (IRR, NPV, Payback, Benefit-Cost)    87
    Table 9: Project Costs and Savings (Income) Summary of 50 MW Wind Power Plant Investment in Kazakhstan    87
    Table 10: Yearly Cash Flows of 50 MW Wind Power Plant Investment in Kazakhstan (Pre-tax, After-tax, Cumulative)    88
    Table 11: Wind Turbine Prices in 2017    92
    Table 12: Feed-in-tariffs for Electricity from Renewable Energy Sources (RES) in Kazakhstan    114