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Assessment of Regional and Sectoral Parameters of Energy Supply in the Context of Effective Implementation of Kazakhstan’s Energy Policy

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  • Shakizada Niyazbekova

    (Department of Banking and Financial Markets, Financial University under the Government of the Russian Federation, 115432 Moscow, Russia
    Research and Education Center “Sustainable Development”, Moscow Witte University, 115432 Moscow, Russia
    These authors contributed equally to this work.)

  • Zeinegul Yessymkhanova

    (Department of Finance, Accounting and Evalution, Faculty of Business and Information Technology, Turan-Astana University, Nur-Sultan 010000, Kazakhstan
    These authors contributed equally to this work.)

  • Seyit Kerimkhulle

    (Department of Information Systems, Faculty of Information Technology, L.N. Gumilyov Eurasian National University, Nur-Sultan 010000, Kazakhstan
    These authors contributed equally to this work.)

  • Natalya Brovkina

    (Department of Banking and Financial Markets, Financial University under the Government of the Russian Federation, 115432 Moscow, Russia
    These authors contributed equally to this work.)

  • Nataliya Annenskaya

    (Department of Banking and Financial Markets, Financial University under the Government of the Russian Federation, 115432 Moscow, Russia
    These authors contributed equally to this work.)

  • Alexander Semenov

    (Administration, Moscow Witte University, 115432 Moscow, Russia
    These authors contributed equally to this work.)

  • Diana Burkaltseva

    (Department of Economics and Management, V.I. Vernadsky Crimean Federal University, 295007 Simferopol, Russia
    These authors contributed equally to this work.)

  • Ardak Nurpeisova

    (Department of Information and Communication Technologies, Faculty of Computer Systems and Professional Education, S. Seifullin Kazakh Agro Technical University, Nur-Sultan 010000, Kazakhstan
    These authors contributed equally to this work.)

  • Leila Maisigova

    (Department of Accounting, Analysis and Audit, Faculty of Economics, Ingush State University, 386001 Magas, Russia
    These authors contributed equally to this work.)

  • Vasiliy Varzin

    (Department of Economics and Management, The Kosygin State University of Russia, 117997 Moscow, Russia
    These authors contributed equally to this work.)

Abstract

The development of global and regional energy markets is one of the most important problems of the current state of global economic relations and is one of the highest-priority areas in the formation of national and regional strategies for the socio-economic development of any country. The role of energy supply is focused on monitoring and compliance with standards. However, in recent years, the importance of energy supply to the housing stock has increased significantly, which has led to an expansion of the role of management within the framework of the risk management function. Kazakhstan has a Unified electric power system, which is represented by a set of power stations, transmission lines, and substations that provide reliable and high-quality energy supply to consumers. Currently, the main task within the framework of the priority of the development of Kazakhstan’s energy sector is to build up the energy base and provide the growing needs of the population and the economy with the necessary energy resources based on the development of modern energy complexes and alternative energy sources in conjunction with the implemented and planned macroprojects. Since the current economic development of Kazakhstan is closely interrelated with the realization of energy resources and their effective use, it acts as one of the fundamental levers for the development of the national economy. According to our research goal, it is necessary to consider sustainable energy supply in the country based on the analysis and assessment of energy consumption volumes and the impact of the country’s regional and sectoral policies on their use. The author’s approach to the distribution of countries by MNC has been developed and estimates of regression parameters, correlation coefficients, and elasticity coefficients. When constructing the author’s approach, the countries of Europe and Central Asia were studied and a sample of estimates was carried out, which has statistically significant effects on the formation of energy consumption volumes in the Republic of Kazakhstan.

Suggested Citation

  • Shakizada Niyazbekova & Zeinegul Yessymkhanova & Seyit Kerimkhulle & Natalya Brovkina & Nataliya Annenskaya & Alexander Semenov & Diana Burkaltseva & Ardak Nurpeisova & Leila Maisigova & Vasiliy Varzi, 2022. "Assessment of Regional and Sectoral Parameters of Energy Supply in the Context of Effective Implementation of Kazakhstan’s Energy Policy," Energies, MDPI, vol. 15(5), pages 1-14, February.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:5:p:1777-:d:760613
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    References listed on IDEAS

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