Green energy investors need 10–15 year rules

Green energy investors need stable regulations for 10–15 years

To attract investment into renewable energy sources in Kyrgyzstan, tax incentives must be secured for a long term. This was stated by Kundus Kyrbasheva, Chairwoman of the Renewable Energy Power Plants Association, at a specialized forum in Bishkek.

Developing the renewable energy sector requires creating a predictable environment for business. According to Kundus Kyrbasheva, who is also the chair of the energy committee at the Chamber of Commerce and Industry of the KR, investors need unchanged operating conditions over a horizon of 5 to 15 years.

Tax Incentives and New Technologies

The representative of the Renewable Energy Power Plants Association emphasized that current tax preferences should be enshrined in the Tax Code through special stabilization mechanisms. The optimal period for such fixation is 10–15 years.

The following areas were identified as priority directions for modernizing the country's energy system:

construction of small hydropower plants
implementation of energy storage and storage systems
improving energy efficiency
development of microgeneration

It was also noted that the use of artificial intelligence could help in forecasting electricity demand and minimizing the risks of equipment failure. To test such innovations, it is proposed to use universities as research platforms.