Kazakhstan to develop new type of energy

Kazakhstan to develop new type of energy

A new type of energy is set to be actively promoted in Kazakhstan. According to the Energy Ministry, a concept for the industry development until 2040 will be devised by year-end. The document will provide data for a full understanding of the current status and prospects of hydrogen production in Kazakhstan, as well as outline strategic steps for its further application and implementation. Overall, the country aims to create favorable conditions for hydrogen production by launching hubs and plants. The estimated investment amount is nearly five trillion tenge, the ministry reports. Experts highlight that the new type of energy will contribute to economic diversification, provide export opportunities, reduce greenhouse gases, and decrease reliance on carbon resources. Additionally, it is expected to foster the advancement of new technologies and innovations.