Central Asia Plans for Low Cost Zero Carbon Solutions Through Diverse Investment Strategies

Central Asia is actively working towards zero-carbon economy through the Green H2 transition led by lowering of RE power costs and boosting green hydrogen production across Kazakhstan, Uzbekistan, Turkmenistan, and Georgia. Diverse approaches are being implemented that focus on hydrogen initiatives, investment agreements, and natural gas pipeline access.

Kazakhstan is actively pursuing mega-projects in the green hydrogen production space. It has signed an MOU for the development of a green hydrogen production facility which is based on 45GW of wind and solar farms.

Uzbekistan’s Green H2 development pursuit follows a two-prong approach focusing on technology and international investments. Innovative technology will develop hydrogen infrastructure while the Law on Public-Private Partnerships will provide the necessary regulatory frameworks.

Similarly, Georgia and Turkmenistan have planned renewable energy transition strategies. Georgia is currently working with EBRD to assess Caucasus Mountains’ green hydrogen potential including pipeline cost considerations. Turkmenistan is working with international industry experts and partners in technology, business, and science leveraging Interdepartmental Working Groups and an IRENA center to progress Hydrogen Energy.

For the Green Hydrogen transition to be realized, Central Asia must support a thriving worldwide economic infrastructure including Financial Institutions, Investors, and Partnerships. Country strategies have incorporated diversity and expertise that create friendly Green H2 international investment environments, requirements necessary to deliver on this potential. Synergy Consulting with its rich experience in the region and its unique experience on the green H2 projects is well poised to support this transition.