Sep 25, 2019   SOURCE: BusinessWire

Kazakhstan's Solar Photovoltaic (PV) Power Market: Outlook 2018-2027 - ResearchAndMarkets.com

The "Kazakhstan Solar Photovoltaic (PV) Power Market Outlook 2018-2027" report has been added to ResearchAndMarkets.com's offering.

This market report offers an incisive and reliable long-term overview of the photovoltaic sector of the country for the period 2018-2027.

In view of recent cuts in FITs announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria, Greece and Italy, the Republic of Kazakhstan represents a stable investment environment in CIS region with clear rules, feed-in tariff support scheme and auction (tender) procedure. Current cumulative installed PV capacity in the country is insignificant, but a number of fully permitted and ready to build projects will promptly increase in 2018 and next years.

First MW scale photovoltaic power plants have been launched into commercial operation, whilst pipeline of over 700 MW solar projects pipeline are progressing in different stages of permitting process. Feed-in tariff for solar energy has been approved in Kazakhstan in June 2014 combined with 15 years PPA period auction (tender) procedure are expected to pave the way for fast further growth of solar PV 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 photovoltaic market. With comprehensive market data, this report brings clear and concise insights, to help investors in their decision-making process. As 2016 and 2017 were challenging years for the world photovoltaic industry, the time for taking the right decisions during 2018 and the next few years is limited. The fast-changing market environment requires relevant and accurate information.

Reasons to buy this market report are, but not limited to:

  • Solar resource potential in Kazakhstan
  • Historical market data provided from 2000 to 2017 and forecasts until 2027
  • Financial Model and Analysis of 5 MW Photovoltaic (Solar PV) 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 photovoltaic (solar PV) market development 2007-2027
  • Development scenario of Kazakhstan photovoltaic (solar PV) sector until 2027
  • Major active and upcoming photovoltaic plants in Kazakhstan
  • Current market prices of fully permitted and operational photovoltaic projects
  • Attractiveness indices for photovoltaic 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 the development of the photovoltaic sector in Kazakhstan
  • Investment potential and opportunities

Subscription: Included in the report price is a subscription for a 1 year period with 4 quarterly updates.

Key Topics Covered

FOREWORD

1 METHODOLOGY AND LIMITATIONS

1.1 Research Methodology

1.2 Limitations

2 EXECUTIVE SUMMARY

2.1 Historical and Current Development Overview of Photovoltaic (Solar PV) Power Market in Kazakhstan

2.2 Kazakhstan Solar Resource Potential

2.3 Key Stakeholders Affecting Photovoltaic (Solar PV) Power Market Development in Kazakhstan

2.4 Market Drivers and Constraints

2.5 Auction (Tender) Procedure for Photovoltaic (Solar PV) Power Plants in Kazakhstan

2.6 Recent and Pending Changes in Renewable Energy Law in Kazakshtan

2.7 Market Forecast Summary

3 KAZAKHSTAN POLITICAL AND ECONOMIC ENVIRONMENT. PEST ANALYSIS

3.1 Basic Country Data

3.2 Political Climate and Ruling Party

3.3 GDP and Economic Growth

3.4 Taxes

3.4.1 VAT

3.4.2 Income and Corporate Taxes

4 COMMONWEALTH INDEPENDENT STATES (CIS) AND CENTRAL-EAST EUROPE (CEE) POWER MARKET

4.1 General Electricity Market information

4.2 Photovoltaics (Solar PV) in Energy Sector

4.3 Single Electricity Market of European Union

4.4 CIS States Common Electricity Market (CIS CEM)

4.5 Electricity Market Concept of Eurasian Economic Union

5 COMMONWEALTH INDEPENDENT STATES (CIS) PHOTOVOLTAIC (SOLAR PV) POWER MARKET

5.1 Market Overview

5.2 Cumulative (CAGR) Installed Photovoltaic (Solar PV) Capacity and Revenue

5.3 Annual Installed Photovoltaic (Solar PV) Capacity and Revenue

5.4 Future Development Trends

6 KAZAKHSTAN POWER MARKET

6.1 Electricity Transmission and Distribution

6.2 Electricity Consumption and Generation

6.3 Electricity Imports and Exports

6.4 Electricity Prices for Business and Households

6.5 Renewable Energy Sources (RES) Targets

7 KAZAKHSTAN PHOTOVOLTAIC (SOLAR PV) POWER MARKET

7.1 Why Invest in Photovoltaic (Solar PV) Power in Kazakhstan?

7.2 Kazakhstan Solar Resource Potential

7.3 Licensing Period Duration

7.4 Regional Substation Capacities for Solar PV Power Projects in Kazakhstan

7.5 Overview of Photovoltaic (Solar PV) Power Market in Kazakhstan

7.6 Market Structure Analysis

7.7 Investment Trends and Development Roadmap

7.8 Competitive Environment in Photovoltaic (Solar PV) Power Market

7.9 Profiles of Key Players and Investors in Photovoltaic (Solar PV) Power Market

7.10 Cumulative (CAGR) Installed Photovoltaic (Solar PV) Capacity and Revenue

7.11 Annual Installed Photovoltaic (Solar PV) Capacity and Revenue

7.12 Market Prices for Photovoltaic (Solar PV) Power Projects in Kazakhstan in Development, Ready to Build and Operational (Grid Connected) Condition

7.13 Key Cost Structure Elements of Photovoltaic (Solar PV) Power Plant in Kazakhstan

7.14 Levelized Cost of Energy (LCOE) for Photovoltaic (Solar PV) Power in Kazakhstan

7.15 Key Photovoltaic (Solar PV) Power Projects in Kazakhstan Under Development

7.16 Mergers and Acquisitions

8 DRIVERS AND CONSTRAINTS OF PHOTOVOLTAIC (SOLAR PV) MARKET IN KAZAKHSTAN. SWOT ANALYSIS

8.1 Market Drivers

8.2 Market Drivers Explained

8.3 Market Constraints

8.4 Market Constraints Explained

8.5 SWOT Analysis

9 FINANCIAL ANALYSIS OF PHOTOVOLTAIC (SOLAR PV) MARKET IN KAZAKHSTAN

9.1 Financing Options of Photovoltaic (Solar PV) Power Projects in Kazakhstan

9.2 Financial Model and Analysis of 5 MW Photovoltaic (Solar PV) Power Plant investment in Kazakhstan (IRR, WACC, Payback, NPV, Cash Flow, ETC.)

10 TECHNOLOGY ANALYSIS

10.1 Photovoltaic (Solar PV) Technology Overview

10.2 Technology Trends

11 CIS COUNTRIES RENEWABLE ENERGY POLICY LANDSCAPE

11.1 RES Regulations and Directives of European Union (EU) affecting CIS countries

11.1.1 Precedent Regulations

11.1.2 EU 2030 Framework for Climate and Energy Policies

11.1.3 EU Energy Roadmap 2050

11.2 RES Strategy for CIS Countries Developed by UN ECE

11.2.1 Development of Educational Activity and Personnel Training

11.3 Renewable Energy Sources (RES) Mandatory Targets for CIS Countries

12 KAZAKHSTAN RENEWABLE ENERGY SOURCES (RES) LEGAL AND REGULATORY FRAMEWORK

12.1 Main Laws and Regulations

12.2 Support Schemes

12.3 Recent and Pending Changes in Renewable Energy Law in Kazakshtan

12.4 Auction (Tender) Procedure for Photovoltaic (Solar PV) Power Plants

12.5 Zoning, Planning and Construction Related Authorizations

12.6 Environmental Related Authorizations

12.6.1 Environment Protected Areas

12.6.2 Clean Development Mechanism (CDM) and Joint Implementation (JI)

12.7 Energy Law Authorizations

12.7.1 Power Generation Licensing

12.7.2 Grid Interconnection and quota limitations by 2020

12.7.3 Power Off-Take

12.7.4 Feed-in tariff (FIT)

12.7.5 RES Certificates (Guarantees of Origin)

12.8 Additional Incentives for Photovoltaic (Solar PV) Power Projects in Kazakhstan

12.9 Future Market Pricing Mechanisms

13 KEY STAKEHOLDERS AFFECTING PHOTOVOLTAIC (SOLAR PV) POWER MARKET DEVELOPMENT IN KAZAKHSTAN

13.1 Government Stakeholders

13.2 Non-Government Stakeholders

13.3 Electricity Generation, Transmission System Operator (TSO) and Distribution System Operators (DSO's)

14 CONCLUSIONS AND RECOMMENDATIONS

List of Maps

Map 1: Where is Kazakhstan on the CIS Countries Map

MAP 2: Major Transport Corridors Passing Through Kazakhstan

MAP 3: Kazakhstan Administrative Regions Map

MAP 4: The Synchronous Grids of Europe and CIS States

MAP 5: Interconnection Grid Map of Central-East Europe and CIS States

Map 6: Electricity Grid Map of Kazakhstan (1150-500-220-110 kV)

Map 7: Solar Resource Map of Kazakhstan

MAP 8: Environment Protected Areas in Kazakhstan

Map 9: Districts covered by East Kazakhstan Regional Energy Company JSC (EK REC)

MAP 10: Districts covered by PAVLODARENERGO/Central-Asian Electric Power Corporation (CAEPCO)

Map 11: Solar Irradiation and Solar Electricity Potential for Horizontally Mounted Photovoltaic Modules in Europe and CIS countries

Map 12: Solar Irradiation and Solar Electricity Potential for Optimally Inclined Photovoltaic Modules in Europe and CIS Countries

List of Charts

Chart 1: Kazakhstan Real GDP Growth for the Period 2000-2027 (including forecast)

Chart 2: Kazakhstan GDP Growth Compared to EU-27 for the Period 2002-2027 (including forecast)

Chart 3: Corporate Tax Income in Selected Central-East Europe (CEE) and Commonwealth Independent States (CIS)

Chart 4: Physical Energy Flows Values in GW in Central-East Europe (CEE) and Commonwealth Independent States (CIS) in 2017

Chart 5: Share of Renewables in Electricity Generation in Selected Central-East Europe (CEE) Countries and Commonwealth Independent States (CIS), 2017 (in %)

Chart 6: Average Base Load Electricity Price in Selected European Countries (EUR/MWh): 2008 - 2018

Chart 7: Forecast for RES Generation Capacity by Source Type in the EU to 2020 and 2030 (in GW)

Chart 8: Net Power Generation Added Capacities in the EU 28 in 2017 (MW)

Chart 9: Age of Power Plants in Europe in 2017

Chart 10: Share of New Power Generation Capacities Added in the EU 28 in 2017 (MW)

Chart 11: Installed Power Generating Capacity per Year (MW) and Renewable Share (in %) 2000 - 2017

Chart 12: New Installed and Decommissioned Power Generation Capacity in the EU 27 for 2017 (GW)

Chart 13: Cumulative (CAGR) Installed Capacity of Photovoltaic (Solar PV) Power Plants (in MW) in Commonwealth Independent States (CIS) 2007-2027, including forecast

Chart 14: Cumulative (CAGR) Revenue of Photovoltaic (Solar PV) Power Plants (in Millions USD) in Commonwealth Independent States (CIS) 2007-2027, including forecast

Chart 15: Annual Installed Capacity of Photovoltaic (Solar PV) Power Plants (in MW) in Commonwealth Independent States (CIS) 2007-2027, including forecast

Chart 16: Annual Revenue of Photovoltaic (Solar PV) Power Plants (in Millions USD) Commonwealth Independent States (CIS) 2007-2027, including forecast

Chart 17: Existing and Planned High Voltage Interconnection Power Lines of Kazakhstan with Neighbor Countries

Chart 18: Structure of the Existing Wholesale Electricity Power Market in Kazakhstan

Chart 19: Structure of Kazakhstan Power Market

Chart 20: Share of RES electricity from Total Installed Power Capacity in Kazakhstan in 2016

Chart 21: Kazakhstan Total Annual Electricity Consumption (in TWh) 2000-2017

Chart 22: Kazakhstan Power Generation Capacity Breakdown by Source (Fuel) Type in 2016

Chart 23: Electricity Imports and Exports in Kazakhstan 2007-2027 (in TWh) including forecast

Chart 24: Kazakhstan Targets for Renewable Energy Sources (RES) by 2050 (in %)

Chart 25: Cumulative (CAGR) Installed Capacity of Photovoltaic (Solar PV) Power Plants in Kazakhstan (in MW) 2007-2027, including forecast

Chart 26: Cumulative (CAGR) Revenue of Photovoltaic (Solar PV) Power Plants in Kazakhstan (in Millions USD) 2007-2027, including forecast

Chart 27: Annual Installed Capacity of Photovoltaic (Solar PV) Power Plants in Kazakhstan (in MW) 2007-2027, including forecast

Chart 28: Annual Revenue of Photovoltaic (Solar PV) Power Plants in Kazakhstan (in Millions USD) 2007-2027, including forecast

Chart 29: Levelized Cost of Energy (LCOE) for Photovoltaic (Solar PV) Power in Kazakhstan

Chart 30: KAZSEFF Structure

Chart 31: Cumulative Cash Flows and Break-Even Point of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Kazakhstan

Chart 32: Photovoltaic (Solar PV) System Price Evolution (/Wp) 1990-2018

Chart 33: Corporate Structure of KEGOC

List of Tables

Table 1: Electricity Prices for Business and Households

Table 2: Support Schemes for Renewable Energy Sources (RES) Generation in the EU Countries and CIS Countries

Table 4: Market Prices for Photovoltaic (Solar PV) Projects in Kazakhstan for 2017-2026 in Development, Ready to Build and Operational (Grid Connected) Condition

Table 5: Key Cost Structure Elements of Photovoltaic (Solar PV) Power Plant in Kazakhstan

Table 6: Database with Major Operational (Grid Connected), Under Construction and Planned Photovoltaic (Solar PV) Projects in Kazakhstan

Table 7: Key Financial Parameters of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Kazakhstan

Table 8: Key Financial Viability Indicators of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Kazakhstan (IRR, NPV, Payback, Benefit-Cost)

Table 9: Project Costs and Savings (Income) Summary of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Kazakhstan

Table 10: Yearly Cash Flows of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Kazakhstan (Pre-tax, After-tax, Cumulative)

Table 11: Crystalline Module Price Trend in April 2018

Table 12: Feed-in-tariffs for Electricity from Renewable Energy Sources (RES) in Kazakhstan

For more information about this report visit https://www.researchandmarkets.com/r/veft7l