Kazakhstan to build a nuclear power plant to deal with electricity shortages caused by crypto miners.
Two locations are currently under consideration as potential sites for a nuclear station, Kazakhstan’s Energy Minister Magzum Mirzagaliev revealed this week. These are the village of Ulken in the Alma-Ata region and the city of Kurchatov in the East Kazakhstan region. Quoted by the Russian news agency Tass, Mirzagaliev elaborated:
We are ready with the production and consumption balance until 2035. We clearly see the need to build a nuclear power plant in order to provide electricity to our population and our economy. Kazakhstan is a global leader in uranium ore mining and has contemplated building a nuclear plant for over a decade. Another 10 years will be needed to construct it, Mirzagaliev admitted. The government in Nur-Sultan is now in talks with Russia’s State Atomic Energy Corporation,, which has constructed NPPs in China, India, and Belarus. The nuclear power plant will also help Kazakhstan reach its carbon neutrality goals by 2060, the official noted.
The country started experiencing electricity shortages this past summer, when the influx of Chinese miners caused a power supply deficit of 7% in the first three quarters of the year. The energy-hungry
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