The renewable energy sector has shown an exceptional growth over the past two decades. Today, renewable energy is seen as a cheap and clean source of power as opposed to being costly and unreliable earlier.
The world today is faced with an ever growing need for power. Rapid increase in population, along with growing industrialization and urbanization, has kept the world’s energy need on a growth trajectory. The growing energy need cannot be fully satisfied by conventional power generation methods, and this will therefore serve as a major factor enabling the growth of the renewables industry. Another factor that is aiding the renewable industry is the efficient collaboration between the governments, and the private sector. This collaboration, characterised by public policies and industrial investments, has seen innovations in renewable energy technology, ranging from wind to solar. This has resulted in a steep fall in the cost of renewable energy technologies, thereby making it affordable for applications, including small rooftop installations. The growing concerns regarding greenhouse gas emissions and other pollutants that lead to consequences like environmental damage and global warming, are prompting governments to look for cleaner power generation options. This is again proving to be beneficial to the renewables industry.
There are various factors restraining the renewables industry today. One of the major factors is the dependence of renewable energy generation on factors like the weather, which makes it unreliable. Solar and wind energy plants are most affected by these factors. In spite of this, wind and solar are the most popular sources of renewable energy today. The large space requirement of renewable energy plants also makes them an unviable option in some cases. Growing investments and technological advancements are however helping in overcoming some, if not all, of these restraints. There has been a growth in small-scale renewable energy generation in the form of rooftop solar installations, advancement in power storage technologies, and development of smart grids that enable selling additional power back to the grid. These will help overcome the major restraints that the renewable energy industry faces today, thereby boost the growth of the market.
Turkmenistan renewable energy market report provides a comprehensive analysis of the market for wind, solar, hydro and other renewable energy sources. This report also includes key project information of both pipeline and upcoming projects. Key drivers and restraints that are effecting the growth of this market are discussed in detail. The study also elucidates on competitive landscape and key market players (both domestic and international) across various types of renewable energy sources.
On July 9, 2020, the first meeting of the Interdepartmental Working Group on the working out the National Strategy of Turkmenistan on the Development of Renewable Energy with the participation of international organizations was held in a video conference format.
The meeting was attended by the heads and representatives of the Ministries of Foreign Affairs, Energy, Finance and Economics, Agriculture and Environmental Protection, Construction and Architecture of Turkmenistan, state concerns "Türkmengaz", "Türkmennebit". The meeting was also attended by the Director of the Country Support and Partnership Department of the International Renewable Energy Agency (IRENA) Gurbuz Gonul, the Head of the OSCE Center in Ashgabat, Ambassador Natalya Drozd and UNDP representatives.
During the meeting, the participants spoke on the topics: “Global trends and prospects for the use of renewable energy sources in Turkmenistan”, “Ways of developing renewable energy in Turkmenistan”, “Implementation of scientific projects based on renewable energy sources”, “Using international experience to develop the National Strategy of Turkmenistan on the development of renewable energy".
There was also a presentation on the activities of the OSCE Center in Ashgabat in providing support in the field of renewable energy development, and a presentation on the prospects of cooperation between the Ministry of Energy of Turkmenistan and UNDP on the development of renewable energy. During the discussion of the draft content of the National Strategy, the participants exchanged views on global trends and on the current state of renewable energy development.
Summary
The modern history of Turkmenistan.
"We will perform deep processing of hydrocarbon resources based on modern technologies and make high quality production which is on high demand in the world, for example gasoline, polypropylene, polyethylene and liquefied gas". - President Gurbanguly Berdimuhamedov
For the past period, the industrial infrastructure of the country has been supplemented by such petrochemical giants as polymeric plant in seaside Kiyanly and carbamide plant in Garaboz, Balkan Velayat, first in the world plant for production of gasoline from natural gas in Ahal Velayat. Deep processing of natural gas and making of production, which meets the world quality standards, are carried out at these innovative facilities based on modern technologies.
According to President Gurbanguly Berdimuhamedov, the opening of similar facilities is one of the main factors of further development of the economy of the country, improvement of its technological safety, expansion and diversification of sales markets of production with high added value, stimulation of development of all branches of national economy.
In this context, the great importance of the project of construction of Turkmenistan - Afghanistan - Pakistan - India gas line, which in addition to the attraction of big dividends to the country would bring the light and warmth to homes of neighboring nations, has been noted.
Today, the works for the implementation of the project of this transnational corridor are actively carried out according to the schedule. Together with the beginning of construction of Afghan part of TAPI in February 2018, laying of power and fiber optic lines along Turkmenistan - Afghanistan - Pakistan (TAP) route has been held. At the same time, Serhetabat - Turgundy railroad, which was built at the request of the Head of the State, has been put into operation.
Implementation of the TAPI gas line project, which starts from the Galkynysh Deposit, which is the first in world inland gas reserves, will support strengthening of peace and sustainable development in addition to solving current social issues in the region. Opportunity to open 5,000 new working places will appear.
Turkmenistan has not only rich reserves of hydrocarbon resources. The subsoils of the country have ore deposits of almost all metals of the periodic table. Their development, production and processing are the main directions of economic policy of the President.
"We will continue to work on the successful realization of huge economic and natural potential for the sake of current and future generations of our people", - the Head of the state said at the inauguration ceremony.
Large-scale construction expanded all over the country under realization of integrated social and economic programs provided growing demands in quality construction materials, having given impetus to rapid development of their production from local resources. Glass production facility Türkmen aýna önümleri, which was put into operation with the participation of President Gurbanguly Berdimuhamedov in the middle of February 2018, has become an example of a wise approach to the solution of objective of expansion of export.
There were earlier projects and some progress in the sense that Turkmenistan, rich in oil and gas resources, is heading for the development of renewable energy. But now, this has been immediately supported by three Decrees issued by President Berdimuhamedov at a Cabinet meeting via a video link.
The first document provides for the establishment of an Interdepartmental Working Group for Developing a National Renewable Energy Development Strategy to ensure power stability in the country.
The second document authorizes the Foreign Ministry to engage international organizations and other international establishments in the preparation of a Draft National Renewable Energy Development Strategy in Turkmenistan.
And finally, by the third Decree of the head of state, Turkmen Ambassador to the United Arab Emirates (Abu Dhabi) Serdarmammet Garajaev was appointed Permanent Representative of Turkmenistan to the International Renewable Energy Agency.
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