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

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.