• KGS/USD = 0.01152 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09379 -0.64%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09379 -0.64%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09379 -0.64%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09379 -0.64%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09379 -0.64%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09379 -0.64%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09379 -0.64%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00200 0%
  • TJS/USD = 0.09379 -0.64%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
25 November 2024

Viewing results 1 - 6 of 14

Kazakhstan Plans to Equate Nuclear Energy With “Green” Energy

Kazakhstan plans to equate nuclear power with renewable energy sources (RES), such as solar and wind power, and extend to it the same benefits that already apply to them. The Energy Ministry has drafted a bill to incentivize alternative energy sources as part of the transition to a green economy, including the development of hydrogen energy. According to a document published on October 18 on the Open Regulatory Legal Acts portal, the discussion will last until November 11. One of the main problems identified in the draft is the need for legislative preferences for nuclear power despite its potential as an environmentally friendly source. In 2023, the share of RES in Kazakhstan was only about 6% of total electricity generation, emphasizing the need to develop alternative sources to reduce carbon emissions. Kazakhstan intends to follow the EU's example. In 2022, the EU recognized nuclear power as “green.” This recognition opens the way to receiving benefits and subsidies for future nuclear projects, including Kazakhstan's first atomic power plant. At the same time, the bill's authors noted that the analysis of international experience points to the constant clarification and supplementation of legislation considering current realities (technology development, market structure, global experience, and the current situation in the country). In particular, in Germany, the law on renewable (alternative) energy sources has undergone six amendments, including an increase in the targets for using alternative energy sources, adjustment of support measures taking into account the achieved level, and so on. Since 2000, various programs have been developed in Poland to supplement and clarify the different incentives for developing alternative energy sources.

Kazakhstan, Kyrgyzstan and Uzbekistan Determine Operating Mode for Toktogul Reservoir

Following a meeting in Tashkent to coordinate the region's water and energy balance, ministers from Kazakhstan, Kyrgyzstan, and Uzbekistan determined a preliminary operating mode for Kyrgyzstan’s Toktogul reservoir for the autumn-winter period. Kyrgyzstan’s largest Toktogul hydroelectric power plant (HPP) reservoir on the Naryn River releases water downstream to Kazakhstan and Uzbekistan providing essential irrigation for fields in Kazakhstan's dry southern regions. In winter, the plant which produces around 40% of Kyrgyzstan’s electricity, releases more water to generate electricity to meet the country’s power shortages. Kazakhstan and Uzbekistan are now interested in helping Kyrgyzstan maintain a sufficient volume of water in the Toktogul reservoir for use during the 2025 irrigation season; a goal which could be achieved by exporting Kazakh and Uzbek electricity to Kyrgyzstan during the winter months. Commenting on the proposal, Kazakhstan’s Minister of Water Resources and Irrigation Nurzhan Nurzhigitov, stated: "An important area of cooperation for our countries is the water and energy sector. This year has become a vivid example of deepening such regional cooperation. We [Kazakhstan] have met our water needs thanks to the joint measures. For a downstream country, this is extremely important. First, it is used to fill the North Aral Sea. We will continue to adhere to the agreements reached for the autumn-winter period to provide farmers with irrigation water next year." The Kazakh Ministry of Water Resources and Irrigation announced on October 14 that the irrigation season had ended in all regions of the country and during the growing season, from April 1,  the Ministry supplied Kazakhstan's farmers with about 11.2 billion cubic meters of water.  Nurzhigitov also drew attention to the vital role of water diplomacy in preventing a shortage of irrigation water this year, with  Kyrgyzstan, Tajikistan, and Uzbekistan sending more water to Kazakhstan than planned. As previously  reported by The Times of Central Asia the Toktogul reservoir accumulated more water this year than last.

Tajikistan Signs First Stage of $100 Million Contract with OPEC Fund for Rogun HPP

On October 10, during a visit to the headquarters of the OPEC Fund in Vienna, a delegation from the Republic of Tajikistan, led by Deputy Prime Minister Usmonali Usmonzoda, signed a contract marking the completion of the first stage of the Credit Agreement between the two parties to finance the Rogun HPP (Lot 4) project. The project aims to promote the republic's energy security and economic development by increasing the production of electricity to supply the domestic market and its export to the region's countries. A total of  $100 million allocated by the OPEC Fund for the project, will be implemented in four stages under separate agreements worth $25 million. The rating agency S&P has estimated the cost of completing the construction of the Rogun HPP in Tajikistan as $6.4 billion. According to S&P, the Rogun HPP currently produces electricity at 10-15% of its total capacity. In 2024-2035, income from electricity which is expected to reach $1.1 billion, will be invested in further construction of hydroelectric power plants. On September 17, during the summit of the Central Asian countries and Germany, in Astana, President of Tajikistan, Emomali Rahmon, invited German Chancellor Olaf Scholz to cooperate on the Rogun HPP. Since then, The Times of Central Asia has been reporting on loans allocated for the plant’s construction.

Donor Delegation Visits Kyrgyzstan to Assess Progress on Kambarata-1 HPP

As reported by the Kyrgyz Ministry of Energy, on October 7-11 Kyrgyzstan received a delegation from the Donor Coordination Committee for the construction of the flagship Kambarata-1 Hydropower Plant (HPP) comprising representatives of the World Bank, the Asian Development Bank, the Islamic Development Bank, the European Union, the European Investment Bank, the United States Agency for International Development, and the UK Foreign, Commonwealth & Development Office. The Committee, established at the Kyrgyz Republic International Energy Investment Forum, in Vienna on June 10, 2024, comprises major international financial institutions and development partners, including the World Bank, the OPEC Fund, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Islamic Development Bank, and the European Bank for Reconstruction and Development. The Kambarata-1 HPP, with a projected capacity of  1,860 megawatts and an average annual generation of 5.6 billion kilowatt-hours of electricity, is to be constructed at preliminary  cost exceeding $4 billion in the upper reaches of the Naryn River in Kyrgyzstan. Once completed, the largest hydropower plant in Kyrgyzstan is expected to end the country’s electricity shortages. In addition, the ambitious project, jointly implemented with Kazakhstan and Uzbekistan, aims to strengthen cooperation within Central Asia in water and energy resource management. During their visit, delegates reviewed progress on the Kambarata-1 HPP and in addition, met Kyrgyz Minister of Energy Taalaibek Ibrayev and representatives of Kazakhstan and Uzbekistan to discuss and establish a mechanism for regular consultations and data exchange to ensure effective cooperation on the project. Last month, Minister Ibrayev reported significant progress on the development of the HPP construction and said that all preparatory stages will be completed by next May. Early in September, Kyrgyzstan’s Cabinet of Ministers and the World Bank organized a roundtable on the selection of a dam for the Kambarata-1 HPP. The Swiss engineering company AFRY proposed various options for the project, and based on the type of dam chosen, the Kyrgyz Ministry of Energy stated that a feasibility study would be prepared by May 2025.

ADB Allocates $15 Million to Tajikistan for Power Grid Reconnection in Central Asia

The Asian Development Bank (ADB) has approved a grant of $15 million for a project to reconnect Tajikistan’s power lines to the Central Asian unified electricity grid. The reconnection, it is reported, will be carried out through mutual relations with Uzbekistan. “Through the Central Asia Regional Economic Cooperation (CAREC) program, ADB actively promotes regional power trade among countries in Central Asia and beyond,” said ADB Director General for Central and West Asia Yevgeniy Zhukov. “Our support improves the sustainability of the regional power system and helps reduce greenhouse gas emissions in the region.” The additional funding will build a new 22-kilometer, 500-kilovolt power line in northern Tajikistan, connecting the Sughd substation to the New Syrdarya substation in Uzbekistan. This will increase the ability to send and receive electricity between Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan and improve the infrastructure to prevent blackouts. The project will also help ensure that Tajikistan’s energy system is ready to provide regulatory opportunities for the continued integration of renewable energy in the region. In the long term, it will become a key component of the electricity evacuation scheme for the Rogun hydropower plant in Tajikistan. Previously, ADB approved $17.5 million in grant assistance to improve women's agricultural skills and ensure food security in Tajikistan.

U.S. Ready to Participate in Construction of Nuclear Power Plant in Kazakhstan

The U.S. has expressed its willingness to participate in constructing a nuclear power plant (NPP) in Kazakhstan. Senior Vice President of the U.S. Chamber of Commerce Khush Choksi made this statement during the visit of the U.S. business delegation to Almaty, Informburo.kz reports. “The U.S. has the best technologies for nuclear power plants. And we hope there will be an open tender, allowing American companies to participate,” said Choksi, answering journalists' questions. As The Times of Central Asia previously reported, the referendum on nuclear power in Kazakhstan was held on October 6. According to preliminary data, 71.12% of Kazakhstanis voted to build a nuclear power plant, but the official results have yet to be announced. Potential participants in constructing the nuclear power plant are also being discussed. Russia, China, France, South Korea, and France are among the countries that are considered suppliers of technologies for NPP construction. These states have proposed their projects, and the Kazakhstani authorities are considering them. It is expected that the winner may be an international consortium, and the final decision will be made based on technical and financial conditions. The preliminary cost of one NPP unit is estimated at $5 billion.