Kazakhstan to cut uranium output by 10%

Kazakhstan is to cut its uranium output by 10% in 2017. The world’s biggest producer of the nuclear fuel plans to make the reduction in the face of a prolonged supply glut that has seen its price fall from $50 (£40.6) to 20$ (£16.25) a pound over the last five years. This drop is thought […]

Green projects in Kazakhstan get €200m funding

The EU has provided €200 million (£169.04m) of funding to support small sustainable projects in Kazakhstan. The European Investment Bank (EIB) has signed two contracts to finance small and medium-sized businesses (SMEs) working to mitigate climate change and protect the environment. By helping these small companies, the EIB will support the country in achieving its key policy objective of […]

Kazakhstan pledges more investment in renewables

The Government of The Republic of Kazakhstan has pledged to continue investing in renewable energy regardless of the fluctuations in oil prices. The nation currently has 48 wind, hydropower, biogas and solar plants in operation with a total capacity of 252.37MW. Speaking at the Future Energy Forum in Astana, Energy Minister Kanat Bozumbayev said the […]

Kazakhstan to get 11MW CHP plant

Kazakhstan is building a combined heat and power plant (CHP) with a capacity of 11MW. The European Bank for Reconstruction and Development (EBRD) is providing a loan worth €5.9 million (£4.4m) for the remaining construction work and to connect the facility to the grid. The EBRD said the plant, located in the city of Atyrau […]

IAEA to boost nuclear education in Europe and Asia

An agreement has been signed by 12 universities to improve regional co-operation in transferring nuclear knowledge. It aims to bring together universities from six countries in Eastern Europe and Central Asia, including Azerbaijan, Belarus and Kazakhstan. It is the fifth regional network launched by the International Atomic Energy Agency (IAEA). It aims to collaborate in nuclear education programmes and nuclear […]

Kazakhstan signs deal for nuclear fuel bank

Kazakhstan has signed an agreement to set up a nuclear fuel bank in Oskemen. The country will operate the bank which will be a physical reserve of Low Enriched Uranium (LEU) for International Atomic Energy Agency (IAEA) Member States. It follows the project announcement made last month. LEU is the basic ingredient of nuclear fuel. The bank […]

India and Kazakhstan ink uranium deal

Kazakhstan, the world’s largest supplier of uranium, is to deliver the radiactive fuel to India. The two nations signed an agreement for Kazakhstan’s nuclear company NAC Kazatomprom to supply 5,000 tonnes of uranium between 2015 and 2019. Kazatomprom is the national operator of the Republic of Kazakhstan for export of uranium and its compounds, rare […]

$150m nuclear fuel bank in Kazakhstan

A $150 million (£94.5m) reserve for nuclear fuel is to be built in Kazakhstan. The project has been approved by the International Atomic Energy Agency (IAEA), which said it is funded by voluntary contributors who have donated the cash to operate it for at least 10 years. The IAEA Low Enriched Uranium (LEU) Bank will […]

$40m for district heating in Kazakhstan

Kazakhstan is receiving $40million (£25.2m) to improve its heating services in the city of Pavlodar. The local heating provider Pavlodar Heat Networks LLP, owned by the Central-Asian Electric Power Corporation (CAEPCo), will reform the district heating networks. The European Bank for Research and Development (EBRD) is providing $30 million (£18.9m) and the Climate Investments Funds is lending $10 million […]

€18m to boost water sector in Kazakhstan

A London-based Bank is investing €10 million (£7.2m) in a wastewater project in South Kazakhstan. Private water utility, TOO Vodnye Resoursy Marketing, will use the cash to improve water and wastewater systems in the city of Shymkent. The government of Kazakhstan is also providing $8 million (£5.76m) for the project. European Bank for Reconstruction and […]