To the Question of Development Perspective of Kyrgyz Republic Electric Power Industry with Using of New Innovative Renewable Energy Technologies

Abstract

This paper shows the possibilities of renewable energy application in Kyrgyz Republic. Among them are solar, wind, biomass, etc. Scientific studies show that existing power industry has already exhausted its resource. Kyrgyz system is economically inefficient. The fundamentally new approach to the organization of power supply technology, based on the use of modern IT technologies is proposed. In the future, the creation of such systems is very promising, especially for countries with large territories or mountainous countries. Today it is necessary to seriously consider the future development of the power supply system, taking into account advanced renewable energy technologies. To solve the set tasks and implement them, it is necessary to provide these studies with finances and investments. In this regard, the Kyrgyz Republic has developed and adopted a Law on Renewable Energy providing for certain preferences for investors and ensuring the return on investments. The paper suggests reducing of energy losses, increasing of transparency and parallel development of RES in Kyrgyz Republic.