Kazakhstan's wind energy generation has seen a significant growth trajectory over the past decade. In 2013, the country generated a mere 0.005 TWh, which surged to 3.31 TWh by 2023. This value places the 2023 figure as a critical benchmark in the series. Year-on-year variations indicate a pronounced growth pattern, though the pace has moderated slightly in recent years. For instance, 2015 saw an extraordinary 915.38% increase, while 2023 marked a 30.82% year-on-year rise. The CAGR for the last five years stands at an impressive 53.78%, reflecting robust average annual growth.
Looking ahead, forecasts suggest continued growth, with wind energy generation expected to reach 7.15 TWh by 2028. The projected five-year CAGR from 2024 to 2028 is 11.85%, pointing to steady expansion albeit at a more measured rate compared to the past decade. This growth represents a 75.02% increase between 2024 and 2028, indicating strong long-term potential for Kazakhstan's wind energy sector.
Future trends to watch for include:
- Technological advancements in wind turbine efficiency and capacity.
- Policy and regulatory developments supporting renewable energy adoption.
- Increasing investments in infrastructure to integrate wind energy into the national grid.