Abstract

Kyrgyzstan – a Central Asian country – faces a high degree of energy insecurity. Especially the Kyrgyz power sector suffers from outdated infrastructure and is not capable of fulfilling the growing and fluctuating inter-seasonal energy demand. On the contrary, the country is endowed with an abundant amount of renewable energies, which can significantly contribute to bringing stability to the energy sector. The current energy policy is considered as one of the key barriers to the developing the renewable energy sector in Kyrgyzstan. Hence, there is an immediate need to evaluate the formulated energy policy to investigate gaps and uncertainties. In response to that, the presented study is the first attempt that provides an in-depth assessment of Kyrgyzstan's current energy legislative framework. It determines the primary mechanisms for the operation and conduction of renewable energy sources in terms of legal and economic aspects. Furthermore, it provides detailed insight into the current Feed-in tariff calculation methodology and scrutinizes the special provisions for private investors. Based on the in-depth assessment, the article recapitulates the shortfall in the existing energy policies. The article found that there is huge potential available for the renewable energy market. To unlock that, the presented article emahsised on synergestic policy making approach to overcome barriers and expand the Kyrgyz renewable energy sector. The article further showcased how the improvements in the regulatory framework would raise the interest of the private investors / local energy players to promote the installation of renewable energy technologies over the county.

Full Text
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