Key facts
- Kazakhstan is in discussions with Chinese investors about coal chemistry projects.
- The country plans to develop six coal-to-chemical projects between 2026 and 2031.
- Kazakhstan expects to commission at least 2.42GW of new generation capacity this year.
- The nation aims to add 7.8GW of capacity by 2030, largely coal-fired.
- Coal currently accounts for 62% of Kazakhstan's electricity generation.
Kazakhstan is actively seeking foreign investment for its coal sector, holding discussions with Chinese investors this week regarding potential involvement in coal chemistry projects. The energy ministry confirmed that ongoing projects were discussed, highlighting China's increasing cooperation in these initiatives. This potential Chinese investment adds to existing foreign backing from countries like Russia, Germany, and the US.
Last month, Kazakhstan outlined its ambition to develop six coal-to-chemical projects between 2026 and 2031, focusing on the production of metallurgical coke and synthetic fuels. Separately, the ministry anticipates a significant electricity surplus of 1.3 TWh by the end of 2027, driven by new generation capacity coming online this year. The plan includes commissioning at least 2.42GW this year as part of a larger national project to add 7.8GW by 2030, predominantly coal-fired power, with an estimated cost of around 7.5 trillion tenge ($15.5bn).
Kazakhstan's energy landscape remains heavily reliant on coal, which accounts for approximately 62% of its electricity generation this year. Natural gas contributes 23.4%, hydroelectric power 7.5%, and renewables 7%, according to ministry data.