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Kazakhstan's Ustyurt plateau
Renewables Kazakhstan EU
Sergey Sukhankin
18 December 2024
Follow @PetroleumEcon
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Kazakhstan eyes EU’s green supply gap

Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe

Following the outbreak of Russia’s war against Ukraine in 2022, the EU was compelled to look for alternative suppliers of energy. This task has been complicated by the bloc’s commitment to its net-zero targets. Against this backdrop, Kazakhstan has declared its ambitions to become the EU’s key supplier of green hydrogen, as well as critical metals used in nuclear power generation. German company Svevind Energy Group has committed to developing a $50b mega-project aimed at producing up to 2mt/yr of green hydrogen—almost 20% of the EU’s 2030 target for green hydrogen imports—in Kazakhstan’s Mangystau region. With production expected to start in 2027, full-scale operational capacity will be rea

Also in this section
Egyptian green hydrogen in holding position
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
India bullish on green hydrogen potential
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade
Spain tightens grip on EHB green subsidies
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels
EU mulls IPCEI top-ups as national funding falls short
16 May 2025
Only 21% of approved IPCEI projects reach FID as cost overruns and funding delays hamper progress, according to European Commission officials

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