Turkmenistan energy storage container power station effect

What is a 100 MW solar installation project in Turkmenistan?

100 MW Solar Photovoltaic Installation Project: Masdar and Turkmenenergo signed a joint development agreement for a solar park, following a memorandum in October 2021 to explore low-carbon energy potential in Turkmenistan.

What is the future of electricity production in Turkmenistan?

Future Electricity Production: Expected to rise to 35,500 GWh by 2030, a 57.5% increase from electricity production in 2021 (22,533 GWh). Having the second most energy-intensive economy in the world, Turkmenistan’s low energy efficiency and outdated oil and gas infrastructure contribute to its significant methane emissions.

What is the solar potential of Turkmenistan?

Average Theoretical Solar Potential: 4.4 kWh/m2, roughly 655 GW of additional capacity. Potential: Turkmenistan, with the world’s fourth-largest natural gas reserves, is strategically positioned for hydrogen energy development, as 68% of global hydrogen production is derived from natural gas, making it the most cost-effective method.

How much methane does Turkmenistan emit?

With natural gas dominating Turkmenistan’s energy mix, vast methane emissions come from venting methane gas during oil production in the oil fields. According to the World Bank, Turkmenistan’s methane emissions in 2020 amounted to 8,317,920 kt of CO2 equivalent. Yet, recent satellite data suggests that these figures may be underestimated.

Why is the low-carbon energy transition stalled in Turkmenistan?

The low-carbon energy transition in Turkmenistan is stalled due to the dominance of fossil fuels, which crowd out low-carbon alternatives. Key factors include: Abundant fossil fuel reserves lead to low-cost energy production that meets domestic demand, limiting the market for low-carbon options.

How much CO2 does Turkmenistan emit?

Turkmenistan is the third largest CO2 emitter in Central Asia, releasing 63,655 kt in 2022. With the CO2 intensity 152% above the global average in 2022, the country had the most carbon-intensive economy in the region. The energy sector contributes 86.3% of GHG emissions, with electricity and heat generation responsible for about 27%.