During the workshop at Nazarbayev
University, experts from the Massachusetts Institute of Technology shared
successful experiences in modernizing the Texas power grid with Kazakh specialists.
These included discussions on geothermal energy production, carbon capture
technologies, and environmentally friendly green and blue hydrogen generation.
The event focused on modern trends and global best practices in energy
transition that could benefit the domestic industry sector. With the data
provided by the Kazakh Ministry of Energy, MIT researchers prepared a draft
roadmap, which could serve as a basis for the most effective policy for the
development and improvement of the country’s energy sector in the future.
“It is crucial for us as
regulators to select the right technological policy in these areas. In this
regard, we are creating a format for the collaboration of innovative ideas, and
such an event will be held on a regular basis. There is an opportunity to
attract private capital for infrastructure modernization, and our task is to
scrutinize the proposed mechanisms. If they meet our criteria, we will
implement them accordingly,” Kazakh Vice Minister of Energy Bakytzhan Ilyas
said.
“We involved top MIT professors
to work on the projects. As part of the MIT program, we analyzed major trends
and best global practices in the energy sector. We offer information on current
global trends, not just recommendations. Then, together with the country’s
Ministry of Energy, we will thoroughly develop each scenario,” said the workshop
organizer Aizhan Balabatyrova.
It is worth mentioning that
organizers invited representatives from the Kazakh business community to the
two-day seminar. Foreign mentors shared successful case studies from different
countries, offering guidance for domestic entrepreneurs, startups, and private
investors on generating income from energy production. The workshop also
discussed the topic of capital attraction in the industry, including through
venture funds.