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pp. 12059-12066 | Article Number: ijese.2016.879
Published Online: December 06, 2016
Abstract
The paper covers legal features of economic mechanisms for adopting and developing renewable energy sources in the Republic of Kazakhstan. The practice of developed countries demonstrates that solution of the above-mentioned problems is impossible without government regulation and legal groundwork of the economic mechanism for supporting renewable source production and usage. In this regard studying the issues of the economic mechanism in the area of supporting the use of renewable energy resources is of theoretical and practical interest, and also makes it possible to develop renewable energy resource use in the modern context. The objective of the research is studying tendencies and problems of using the economic mechanism for deploying and developing renewable energy resources, as well as elaboration of conceptual conclusions and proposals in this regard.The role of the economic mechanism as a special tool in the use and development of renewable energy sources is identified.
Keywords: Energy, energy security, renewable energy, fixed rate, green certificate, investor, entrepreneurial code
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