• KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
06 January 2025

Viewing results 1 - 6 of 46

Kazakhstan Officially Backs Nuclear Power Referendum

The government of Kazakhstan has approved a draft resolution to hold a national referendum on constructing a nuclear power plant (NPP). The meeting, chaired by Prime Minister Olzhas Bektenov, discussed the prospects for developing nuclear energy in the country. Energy Minister. Almasadam Satkaliyev noted that the referendum will allow Kazakhstanis to make an important decision about the future of the country's energy security. Bektenov emphasized that Kazakhstan has mastered almost the entire cycle of nuclear fuel production and has experience with small reactors. However, the current shortage of energy capacity requires new solutions to avoid purchasing electricity from abroad. With the global abandonment of coal-fired power plants and the limited potential of renewable energy sources, the development of nuclear power is the most promising direction. According to the International Atomic Energy Agency, 415 nuclear power units operate worldwide, and 61 new units are under construction in 15 countries, including China and the UK. With its significant uranium resource base, Kazakhstan can ensure stable electricity tariffs and independence from raw material price fluctuations. Modern NPPs have a multi-level safety system that meets IAEA international standards. According to Bektenov, nuclear power should become the basis for Kazakhstan's energy-intensive economy, stimulating innovation and industry development. The draft resolution was supported unanimously. The Ministry of Energy and the Government Office were instructed to submit a draft decree to the Presidential Administration. Talks on constructing a nuclear power plant in Kazakhstan have been ongoing for many years; the idea of the need for a nuclear power plant first appeared after the closure of the Soviet reactor in Aktau in 1999. Since then, the country has repeatedly raised questions about the development of nuclear power, especially in the context of improving energy security and climate change resilience. However, public opinion remains divided; many people in the country remember the consequences of nuclear tests at the Semipalatinsk test site and fear environmental risks. In 2021, discussions about constructing a nuclear power plant intensified when a possible site for Kazakhstan's first atomic power plant began to be considered in Almaty Oblast, near the village of Ulken. These plans sparked lively public debate and protests among residents and environmentalists. President Kassandra-Jomart Tokayev proposed a national referendum to give citizens a say on this critical issue.

Who Will Benefit if Kazakhstan Refuses To Build Nuclear Power Plants?

Kazakhstan is facing a growing energy deficit while having large reserves of uranium which would allow the country to develop its nuclear power industry. However, so far, uranium mined in the country is used solely for export, and every year difficulties with supply chains only increase. All these problems can be solved in one elegant way, but this solution is what a part of the Kazakhstani public actively opposes.   Difficulties with production and supplies Kazakhstan ranks second in the world in terms of proven reserves of natural uranium. About 14% of the world's proven reserves are concentrated in the country's subsoil. According to estimates, the country's explored reserves contain more than 700,000 tons of uranium. In 2009, Kazakhstan became the world's largest uranium producer and continues to maintain its leading position in the global market, producing approximately 40% of the world's uranium. In 2021, uranium production in Kazakhstan amounted to 21,800 tons, but by 2023 this had decreased to 21,112 tons. Moreover, due to difficulties related to the availability of sulfuric acid, the national company Kazatomprom reduced production plans for 2024. According to the initial plan, between 25,000 and 25,500 tons were to be produced; now, the plan is to produce 21,000 to 22,500 tons. Kazatomprom has also stated that if limited access to sulfuric acid continues through 2024 and the company fails to reduce the construction backlog at new sites, it could have a negative impact on production plans for 2025. Uranium mining in Kazakhstan is carried out solely by in-situ leaching, the most environmentally safe and lowest-cost method available. The Russia-Ukraine conflict could not help but affect this area of Kazakhstan's exports. This year, it became known that Kazakhstan is working on diversifying its uranium export routes, bypassing Russia. This is stated in the report on implementing the concept of development of Kazakhstan's fuel and energy complex for 2023. As part of this, Kazatomprom is working on an agreement with the Chinese companies CNUS, CNEIC, and CNNC to provide uranium transit services through China. Kazakhstan currently transports uranium products to customers in North America and Europe through the port of St. Petersburg. An alternative way is to use the Trans-Caspian international transportation route, with shipments through the ports of Aktau (Kazakhstan), Alyat (Azerbaijan), and Poti (Georgia).   Nuclear deadlock Obviously, some of the concerns of Kazakhstan's leadership and Kazatomprom regarding the sale of uranium products could be alleviated by developing the country's own nuclear industry, meaning that uranium mined in the country would feed its own nuclear power plants. Talks about the need to build nuclear plants in the country have regularly been raised since the beginning of the 2000s. Kazakhstani nuclear physicists and nuclear specialists, with the persistence of a Don Quixote have periodically rush to attack the windmills of Kazakhstani radio-phobia, which, however, did not arise without reason. The Semipalatinsk Nuclear Test Site (SNTS) and the Chernobyl disaster are two significant elements of this phobia. In the early 1990s, when the SNTP was closed, the...

Poll Shows Over Half of Kazakhstanis Support Proposed Nuclear Plant

The Kazakhstan Institute for Strategic Studies has announced the results of a telephone survey concerning the proposed construction of a nuclear power plant in Kazakhstan. In his address to the nation on September 1, 2023, President Kassym-Jomart Tokayev emphasized the economic and political importance of the development of nuclear energy, and proposed resolving the issue of building the country’s first nuclear power plant through a nationwide referendum. In June 2024, Tokayev announced that the referendum on building a nuclear power plant would be held this fall, adding that the Cabinet of Ministers would set the exact date. The survey was conducted from August 7 to August 18 this year, among 1,200 respondents aged 18 and older from Kazakhstan’s 17 regions and the cities of Astana, Almaty, and Shymkent. Over half of respondents (53.1%) supported building a nuclear power plant, agreeing that it will help solve the problem of electricity shortages by 2030. 32.5% of the respondents oppose the construction of nuclear power plants, mainly because they fear possible accidents and their environmental consequences. 14.4% were uncertain of their stance. During the survey, 42.6% of the respondents expressed a firm intention to participate in a referendum on the issue of nuclear power plant construction, 16.4% said they are likely to participate, 25.3% do not plan to take part, 8.9% are unlikely to participate, and 6.8% are unsure. The Ministry of Energy estimates the cost of building a nuclear power plant at $10-12 billion. Energy Minister Almasadam Satkaliyev said that the nuclear power plant would be built by a foreign company that wins the tender — providing that the issue is approved in the referendum. In addition to companies from China, Russia, France, and South Korea, the ministry is considering companies from the United States and Japan as potential bidders. The proposed location of the nuclear power plant is the village of Ulken in the Karaganda region.

Uzbekistan to Establish Atomic Energy Agency

Uzbekistan is to establish an new Atomic Energy Development Agency under the Cabinet of Ministers; raising the level of the agency which currently exists as a subdivision of the Ministry of Energy. The move supports plans for the construction of Uzbekistan’s first-ever nuclear power plant and aligns with the Presidential Decree “On measures to improve the system of public administration and control in the field of subsoil use, industrial, radiation and nuclear safety, as well as the use of atomic energy,” adopted on 24 May. Once in operation, the new Atomic Energy Agency will be responsible for state policy in the use of atomic energy for peaceful purposes. The presidential decree also includes the establishment of a Committee for Industrial, Radiation and Nuclear Safety conducted by the Cabinet of Ministers. As a national executive body, the committee will be charged with the implementation and coordination of a unified state policy to oversee and ensure safety measures at nuclear energy and nuclear technology facilities and at hazardous production facilities.  

Second shipment of low enriched uranium completes IAEA LEU Bank in Kazakhstan

UST-KAMENOGORSK, Kazakhstan (TCA) — The International Atomic Energy Agency (IAEA) on December 10 said it has received the second and final shipment of low-enriched uranium (LEU) at a purpose-built facility in Kazakhstan housing the IAEA LEU Bank, which was established to provide assurance to countries about the supply of nuclear fuel. The delivery completes the planned stock of the material that the IAEA LEU Bank will hold, following the first shipment in October. Continue reading

IAEA LEU Bank in Kazakhstan becomes operational with delivery of low enriched uranium

NUR-SULTAN (TCA) — The International Atomic Energy Agency (IAEA) said it took delivery of a shipment of low enriched uranium (LEU) at a purpose-built facility in Kazakhstan on October 17, officially establishing the IAEA LEU Bank aimed at providing assurance to countries about the availability of nuclear fuel. Continue reading