Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » Kazakhstan votes on whether to build first nuclear plant By Reuters
    News

    Kazakhstan votes on whether to build first nuclear plant By Reuters

    userBy user2024-10-06No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    [ad_1]

    ULKEN, Almaty region, Kazakhstan (Reuters) -Kazakhstan voted in a referendum on Sunday on whether to build its first nuclear power plant, an idea promoted by President Kassym-Jomart Tokayev’s government as the Central Asian nation seeks to phase out polluting coal plants.

    The plan has faced public criticism on concern over any related hazards, the Soviet nuclear testing legacy, and fears that Russia will be involved in the project.

    Almost 64% of registered voters cast their ballots by 8 p.m. local time (1500 GMT) when the polling stations closed, the Central Election Commission said, making the vote valid. It will announce the preliminary results on Monday.

    “I have come to the conclusion that the decision to build the nuclear power plant, and to build it with (Russian state nuclear firm) Rosatom, has already been made in (Tokayev’s office) and the people of Kazakhstan are being invited to polling stations as ‘notaries’ to authenticate this decision with their votes,” popular blogger Vadim Boreiko wrote.

    In the village of Ulken on the shores of Lake Balkash, in the southeast of the country, which the cabinet has designated as the site to build the plant, some locals hoped the project would bring jobs. Others expressed concern about the impact on the quality of the lake water.

    “I support the power plant,” said Dametken Shulgeyeva, who has lived in the village of 1,200 people for more than 20 years. “This is our future.”

    Despite its sizeable reserves, the Central Asian nation of 20 million relies mostly on coal-powered plants for its electricity, supplemented by some hydroelectric plants and the growing renewable energy sector.

    Kazakhstan already imports electricity, mostly from Russia, as its facilities, many of which are old, struggle to meet domestic demand. And coal is regarded as the most polluting energy source.

    SOVIET LEGACY

    The government says a reliable energy supply is needed to supplement renewable sources such as solar and wind power, and, since Kazakhstan is one of the world’s biggest uranium producers, nuclear power is a logical choice.

    “In order not to remain on the sidelines of global progress, we must use our competitive advantages,” Tokayev said ahead of the vote.

    The former Soviet republic, however, does not enrich uranium to the point where it can be used as fuel. The cabinet estimates that a nuclear power plant would cost $10 billion-$12 billion to build and expects contractors to secure the financing.

    Critics say the same goal could be achieved with gas-powered plants which, although they still use fossil fuel, are much less polluting than coal plants and come with less risk.

    Kazakhstan was part of the Soviet Union in 1986 when the Chornobyl nuclear disaster occurred, and tens of thousands of Kazakhs took part in the subsequent clean-up operation that left many with lifelong health issues.

    The country was also the site of hundreds of Soviet nuclear weapon tests which have made swathes of land uninhabitable, led to disease among people in nearby areas, and have made many people distrustful of anything nuclear.

    © Reuters. People cast their votes during a referendum on the construction of a nuclear power plant, at a polling station in the village of Ulken in the Almaty Region, Kazakhstan October 6, 2024. REUTERS/Pavel Mikheyev

    Tokayev, who publicly cast his vote in the capital Astana told reporters he had no single country or company in mind as a potential contractor.

    “My personal vision on this matter is that an international consortium would need to work in Kazakhstan made up of global companies that possess the most advanced technologies,” he said.



    [ad_2]

    Source link

    Share this:

    • Share on Facebook (Opens in new window) Facebook
    • Share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleHyundai and Waymo Agree on A Partnership To Extend Robotaxi Fleet With Ioniq 5
    Next Article GM’s Production Plants in Michigan and Texas Shutdown Due to Hurricane Helene
    user
    • Website

    Related Posts

    TGI Group Inc. and AMIRON GROUP Announce Strategic Alliance for Green Digital

    2026-03-12

    Should I buy Rolls-Royce shares after the 9% dip?

    2026-03-12

    This critical stock market indicator’s flashing red! Should investors be worried?

    2026-03-12
    Add A Comment

    Leave a ReplyCancel reply

    © 2026 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d