Determination of optimal CO2 allowance prices for stimulation of investments in CCS, RES and other carbon-clean technologies in Kazakhstan

Otarov, Rustam; Akhmetbekov, Yerbol; Zhakiyev, Nurkhat

doi:10.4324/9781315267302-9

Cited by 2 publications

(1 citation statement)

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“…Only carbon dioxide emissions have quotas. Quotas are distributed free of charge [38]. However, the effect of the ETS on the GHG decrease is not observable due to the additional quota distribution to the market entities.…”

Section: The Current Policy and Measures Against Climate Change In Ka...mentioning

confidence: 99%

Optimization Modelling of the Decarbonization Scenario of the Total Energy System of Kazakhstan until 2060

et al. 2023

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This research article provides a comprehensive scenario analysis of key structural changes in Kazakhstan’s fuel and energy complex subsectors until 2060, focusing on decarbonization efforts. The background places the issue of decarbonization in a broader context, considering the country’s vast size and sparse population. The study’s purpose involves analyzing the development of the climate agenda by comparing two scenarios: a “reference” scenario without decarbonization measures and a carbon neutrality scenario until 2060 (CN2060). A mathematical technical-economic model based on the TIMES paradigm (The Integrated MARKAL-EFOM System) serves as the method to optimize and simulate Kazakhstan’s energy system. The main findings reveal sets of policies, standards, and legislative, economic, and political decisions that are required to achieve CN2060. Additionally, the integration of a low-carbon policy, sectoral and cross-cutting approaches, the impact of the coronavirus crisis, the Russia-Ukraine conflict, and energy security issues receive a discussion. The article concludes with projected shares of generation and investment in renewable energy sources (RES) necessary for attaining CN2060. This work offers novel insights into challenges and opportunities for Kazakhstan’s transition to a low-carbon economy.

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Section: The Current Policy and Measures Against Climate Change In Ka...mentioning

confidence: 99%

Optimization Modelling of the Decarbonization Scenario of the Total Energy System of Kazakhstan until 2060

et al. 2023

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Decarbonisation Opportunities and Emerging Carbon Pricing Instruments in Central Asia

Abdi¹,

Zhakiyev²,

Toilybayeva³

2023

SpringerBriefs in Climate Studies

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Central Asian countries are highly vulnerable to climate change and heavily reliant on fossil fuel resources. All countries need to decarbonise their economies for sustainable growth and to meet their Paris Agreement goals. Within this global challenge, there are significant opportunities for Central Asian countries, such as attracting green investment through the expansion of renewable energy, phasing out fossil fuel subsidies and improving energy efficiency. This chapter presents the results of a study that investigated how carbon pricing instruments are currently used in Central Asia and what the future holds. The study determined that CPI and decarbonisation strategies are now being considered by Central Asian countries at different levels. A SWOT analysis of carbon pricing instrument implementation revealed ways to facilitate the implementation of carbon pricing to decarbonise the regional economy. The study also identified a list of mid- and long-term decarbonisation activities for governments and other stakeholders, and analysed opportunities to strengthen regional cooperation.

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Determination of optimal CO2 allowance prices for stimulation of investments in CCS, RES and other carbon-clean technologies in Kazakhstan

Cited by 2 publications

References 1 publication

Optimization Modelling of the Decarbonization Scenario of the Total Energy System of Kazakhstan until 2060

Optimization Modelling of the Decarbonization Scenario of the Total Energy System of Kazakhstan until 2060

Decarbonisation Opportunities and Emerging Carbon Pricing Instruments in Central Asia

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