KAZAKHSTAN’S ENERGY SECTOR: THE STATE AND VISION OF THE COUNTRY, TAKING INTO ACCOUNT INTERNATIONAL TRENDS

Burkitbaev

Academy of Public Administration under the President of the Republic of Kazakhstan, Astana, Kazakhstan

e-mail: Burkitbaev@mail.ru

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Annotation. The main purpose of this article is to study the current state of the electric power sector of the Republic of Kazakhstan, as well as to identify some promising areas of development of the country, taking into account global trends in the development of the electric power sector. Desk research, trend analysis, and literature review were used as research methods. The study concluded that many factors had a significant impact on the rapid change in the global energy sector, as well as the ways of energy production and consumption (including climate change, the development of new energy sources, and the use of innovative technologies). Currently, the electricity sector of the Republic of Kazakhstan is facing many internal factors (including the need to modernize infrastructure), as well as changes in global markets that require long-term planning and creation of conditions for attracting new investments. When developing a growth strategy, it is necessary to take into account the global energy environment, including some changes in the dynamics and organization of global energy production and demand, the development of renewable energy sources and the introduction of smart grids.

Keywords: Electric power sector, fuel and energy complex, alternative sources, renewable energy sources, energy infrastructure classification JEL: Q20, Q42.

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