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The European Commission Made Significant Efforts to Accelerate the Clean Energy Transition Through Auction Design for Renewable Energy Projects

/BRUSSELS, BELGIUM, August 27, 2025, 11:30 CET, RENEWABLE MARKET WATCH™/ Renewable energy is growing quickly, largely due to auctions conducted by Member States. This rapid growth is also aided by the decreasing costs of renewable sources, particularly solar and wind energy. To meet the EU’s binding target of a 42.5% share of renewable energy in […]
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Kazakhstan to Focus on Renewable Energy for Power Generation Mix Diversification and Improvement

/13th August 2018, RENEWABLE MARKET WATCHTM/ More than 70 per cent of Kazakhstan’s electricity is produced in ageing coal-fired plants, served by the large volumes of cheap local coal in the northeast part of the country according to Kazakhstan Wind Power Market Outlook 2017÷2026. Consequently, the energy sector, in particular power and heat generation, accounts for 80 per cent of the country’s carbon emissions. Electricity in Kazakhstan is generated by 128 power plants of various forms of ownership. As of 1 January 2017, the total installed capacity of the power…
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Kazakhstan New Auction System for Renewable Energy (Solar, Wind, Biomass, Hydro, Geothermal)

/24th August 2017, RENEWABLE MARKET WATCHTM/ Kazakhstan will switch to the mechanism of auctions to develop renewable sources of energy from the beginning of 2018. At the end of 2016, total number of 44 countries of the world is successfully applying an auctions system instead of fixed feed-in tariff support systems. Some of the largest global energy companies will be involved in developing renewable energy power plants in Kazakhstan. Aqua Power, Eni-Agip, General Electric, Shell, SANY Group, Hydro China, and many others are among them. Kazakhstan plans to generate 50 percent…
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