The Impact of Energy Production on the Introduction of ICT and the Growth of AIC in Kazakhstan


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Authors

  • Sholpan Smagulova Department of Finance and Accounting, Kenzhegali Sagadiyev University of International Business, Almaty, Republic of Kazakhstan
  • Aigerim Yermukhanbetova Assistant, Department of Management and Business, Kenzhegali Sagadiyev University of International Business, Almaty, Republic of Kazakhstan
  • Kuralay Nurgaliyeva Department of Finance and Accounting, Kenzhegali Sagadiyev University of International Business, Almaty, Republic of Kazakhstan
  • Baimykhanova Sariya Department of Finance and Accounting, Al-Farabi Kazakh National University, Almaty, Republic of Kazakhstan
  • Zhanymgul Baimukasheva Department of Economy and Business, Baishev University, Aktobe, Republic of Kazakhstan,
  • Almagul Manap School of Hospitality and Tourism, Almaty Management University, Almaty, Republic of Kazakhstan,
  • Gaini Koyshinova Department of economics, management and finance, NLC "Sarsen Amanzholov East Kazakhstan University", Ust Kamenogorsk, Republic of Kazakhstan
  • Chulpan Akimbekova Kazakh Research Institute of Economy of Agro-Industrial Complex and Rural Development, Almaty, Republic of Kazakhstan

DOI:

https://doi.org/10.32479/ijeep.13765

Keywords:

power generation, electric power, wear and tear of electrical equipment, ICT, agricultural production, digital technologies, Kazakhstan

Abstract

The presented work is devoted to the organization of the electric power industry and the agro-industrial complex of Kazakhstan. Here is given an economic analysis of the production capacity of the development of power plants. It is noted that more than 80% of electricity generation is carried out by coal-fired thermal power plants. Important attention is paid to the significant wear and tear of machinery and equipment at thermal power plants and state district power plants. The key focus of the work is on econometric modeling to identify patterns and quantify the impact of electricity production and digital farms on increasing agricultural production. The results of the regression model are substantiated using the applied statistical package EViews. A medium-term econometric forecast for the development of the agricultural sector is presented, considering the introduction of digital farms. Problems are revealed and measures to stimulate the construction of new energy facilities are considered. Also, proposals were made to enhance the use of investment projects of alternative energy sources in the country. At the same time, an important emphasis is considered at the level of enhanced development of ICT in the energy and agro-industrial complex. It has been established that the digitalization of the energy and agro-industrial complex sectors contributes to the economic growth of Kazakhstan.

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Published

2023-01-22

How to Cite

Smagulova, S., Yermukhanbetova, A., Nurgaliyeva, K., Sariya, B., Baimukasheva, Z., Manap, A., Koyshinova, G., & Akimbekova, C. (2023). The Impact of Energy Production on the Introduction of ICT and the Growth of AIC in Kazakhstan. International Journal of Energy Economics and Policy, 13(1), 477–488. https://doi.org/10.32479/ijeep.13765

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