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Development tendencies of heat and energy resources: evidence of Kazakhstan

Author

Listed:
  • Alexsandr Tyo

    (Almaty Academy of Economics and Statistics, Kazakhstan)

  • Baldyrgan Jazykbayeva

    (Karaganda Economic University of Kazpotrebsoyuz, Kazakhstan)

  • Tatyana Ten

    (Karaganda Economic University of Kazpotrebsoyuz, Kazakhstan)

  • Galina Kogay

    (Karaganda State Technical University, Kazakhstan)

  • Bakhyt Spanova

    (Karaganda Economic University of Kazpotrebsoyuz, Kazakhstan)

Abstract

The article provides an analysis of the heat and energy resources of the Republic of Kazakhstan. A study of the global energy market, the trend of its development, raw materials for electricity production in the developed countries of the world. The basis of the energy potential of the Republic of Kazakhstan are large thermal power plants, therefore, an analysis of the development of the electricity sector of the Republic of Kazakhstan has been made. We will conduct a quantitative analysis of the prediction of the dynamics of the main resources in the fuel and energy complex of the Republic of Kazakhstan for the time series for 2010-2017 using the harmonic weights method, a forecast for the period 2018-2020 is given. Based on the models, recommendations for increasing the fuel and energy complex of the Republic of Kazakhstan were developed. Nowadays energetics is the most important driving force of world’s economic progress and the electric power industry is one of the basic sectors of the economy, which plays an important role in political, economic and social spheres of any state.

Suggested Citation

  • Alexsandr Tyo & Baldyrgan Jazykbayeva & Tatyana Ten & Galina Kogay & Bakhyt Spanova, 2019. "Development tendencies of heat and energy resources: evidence of Kazakhstan," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1514-1524, December.
    • Handle: RePEc:ssi:jouesi:v:7:y:2019:i:2:p:1514-1524
    DOI: 10.9770/jesi.2019.7.2(50)
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    References listed on IDEAS

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    Cited by:

    1. Elena Vechkinzova & Yelena Petrenko & Yana S. Matkovskaya & Gaukhar Koshebayeva, 2021. "The Dilemma of Long-Term Development of the Electric Power Industry in Kazakhstan," Energies, MDPI, vol. 14(9), pages 1-21, April.
    2. Mihaela Simionescu & Wadim Strielkowski & Manuela Tvaronavičienė, 2020. "Renewable Energy in Final Energy Consumption and Income in the EU-28 Countries," Energies, MDPI, vol. 13(9), pages 1-18, May.
    3. Marko Milojević & Paweł Nowodziński & Ivica Terzić & Svetlana Danshina, 2021. "Households’ Energy Autonomy: Risks or Benefits for a State?," Energies, MDPI, vol. 14(7), pages 1-16, April.
    4. Tetyana Pimonenko & Yuriy Bilan & Jakub Horák & Liudmyla Starchenko & Waldemar Gajda, 2020. "Green Brand of Companies and Greenwashing under Sustainable Development Goals," Sustainability, MDPI, vol. 12(4), pages 1-15, February.
    5. Nomeda Dobrovolskienė & Anastasija Pozniak & Manuela Tvaronavičienė, 2021. "Assessment of the Sustainability of a Real Estate Project Using Multi-Criteria Decision Making," Sustainability, MDPI, vol. 13(8), pages 1-19, April.
    6. Emil Velinov & Yelena Petrenko & Elena Vechkinzova & Igor Denisov & Luis Ochoa Siguencia & Zofia Gródek-Szostak, 2020. "“Leaky Bucket” of Kazakhstan’s Power Grid: Losses and Inefficient Distribution of Electric Power," Energies, MDPI, vol. 13(11), pages 1-19, June.
    7. Marcin Sitek & Manuela Tvaronavičienė, 2021. "Innovation Management in Polish Real Estate Developers in the Renewable Energy Sources Context," Energies, MDPI, vol. 14(6), pages 1-20, March.
    8. Hafezali Iqbal Hussain & Muhammad Haseeb & Manuela Tvaronavičienė & Leonardus W. W. Mihardjo & Kittisak Jermsittiparsert, 2020. "The Causal Connection of Natural Resources and Globalization with Energy Consumption in Top Asian Countries: Evidence from a Nonparametric Causality-in-Quantile Approach," Energies, MDPI, vol. 13(9), pages 1-18, May.

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    More about this item

    Keywords

    heat and power resources; world energy market; quantitative analysis; forecasting the dynamics of basic resources;
    All these keywords.

    JEL classification:

    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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