Quick Look:
- LUKOIL starts construction of a 4.95 MW solar plant near its lubricants facility.
- Phase 1 (2 MW) completion is set for 2024, marking a key milestone.
- Kazakhstan has 146 renewable facilities, totaling 2.8 GW capacity.
LUKOIL is starting the construction of a solar power plant in Almaty region, Kazakhstan, a significant step towards sustainable energy and reducing carbon emissions. This project reflects LUKOIL’s dedication to energy efficiency and aligns with the global trend towards sustainable energy production.
Renewable Energy Progress in Kazakhstan
Kazakhstan’s commitment to renewable energy is evident in its energy infrastructure. It includes 222 power plants and 146 renewable energy facilities, boasting a total capacity of 2.8 GW.
As of January 1, 2024, Kazakhstan’s total available power capacity reached 20.4 GW. It is a recorded maximum consumption of 16.6 GW during the current autumn-winter period. Additionally, LUKOIL’s solar power plant construction aligns with Kazakhstan’s broader objectives of diversifying its energy sources and reducing reliance on fossil fuels.
LUKOIL’s Global Environmental Commitments
In December 2023, LUKOIL joined the Oil & Gas Decarbonization Charter (OGDC) and 50 of the world’s largest energy companies. Subsequently, by participating in the OGDC, LUKOIL demonstrates its active engagement in adopting sustainable practices and technologies, strengthening its position as a key player in the global transition towards cleaner energy solutions.
LUKOIL’s venture into solar power in Kazakhstan signifies a significant stride in the global shift toward sustainable energy. This initiative strengthens the company’s environmental standing and sets a benchmark for the energy sector.