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by October 21, 2019 General stood a chance to sit down with the President of the International Association for Energy Economics, Christophe Bonnery, who attended the 4th IAEE Eurasian Conference dubbed Energy Resources of the Caspian and Central Asia: Regional and Global Outlook taken place in the past week at Nazarbayev University in the Kazakh capital of Nur-Sultan. Keep on reading the brief interview.

The International Association for Energy Economics is holding a conference in the Kazakh capital for the first time. What should we expect from the conference?

This is the first conference in Eurasia and the first in Kazakhstan. The idea is to make energy economics more known in the country, to show what the rest of the world is doing in energy policies, and to value the research done by Kazakh universities in the rest of the world. So we are here to make it known for the rest of the world what energy economists are doing in universities of the world like Nazarbayev University within the Laboratory of Economics.

In your opinion, what are the main energy challenges?

The main challenge for the world is a way to decrease fossil shares in energy consumption, to move to renewable energy sources. The Kazakh government plans to increase renewables’ shares to significant amounts, this is a global move. We (IAEE) plan to increase renewables’ share to 50% by 2030.

What role Kazakhstan plays in terms of energy?

I think that the role of Kazakhstan in Eurasia is to be a link between east and west. On both sides Kazakhstan has a lot of demand for energy, including from Japan, Korea and Western Europe. As there is a lot of energy in Central Asia, the region is a kind of reservoir for east and west. This is a good opportunity for Kazakhstan.

In your speech, you have mentioned the possibility of setting up a representation office of the International Association of Energy Economics in Kazakhstan. What will be its objectives?

First off, the International Association for Energy Economics has 31 subsidiaries in different countries and is opening new subsidiaries in India, Bangladesh, Abu Dhabi, and Romania. However, we are not represented in Kazakhstan. We hope we will have one. All we need is to find some individuals who are willing to bring it to reality.

Thanks for the interview!

Founded in 1977 in the United States, the International Association of Energy Economics (IAEE) is an independent, non-profit, global membership organization for business, government, academic and other professionals concerned with energy and related issues in the international community.

Source: STRATEGY 2050