"Kazakhstan Power Report Q1 2015" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Fri Jan 02 2015

We expect healthy growth in Kazakhstan's power sector over BMI's 10-year forecast period to 2023 , in terms of generation and consumption. Coal will retain its dominance, accounting for over 80% of the country's energy generation by 2023. However, non-hydro renewables will grow rapidly, with a slew of foreign-financed wind and solar projects in the pipeline. The government also plan s to restart the exploitation of nuclear energy, helped by Kazakhstan's vast uranium wealth. Power production will comfortably meet demand, with Kazakhstan's dependence on energy imports decreasing over the 10-year period. For much of the forecast period, system losses will be considerable, but steady investment in transmission and distribution infrastructure will narrow the supply/demand gap significantly .

Key Trends And Developments

* The credibility of the government's plans to build a nuclear power station have increased with the signing of a Memorandum of Understanding in September between Rosatom and Kazatomprom and a draft Intergovernmental Agreement between Astana and Moscow on the construction and operation of a nuclear power plant in Kazakhstan.
* The development of Kazakhstan's nuclear capacity continues. In October, the government announced plans for a EUR55mn solar power plant to be built in Astana in 2016 and stated that a 2MW solar power plant in Kapshagay is now ready to supply electricity to the grid of the Almaty region, helping to plug a shortfall in supplies to the south of the country. Meanwhile, in September, the government announced plans to build a USD550mn wind power plant to be constructed by Kazakh company Windhan in Zhambyl Oblast capable of generating 250MW per day.
* In November 2014, the Kazakhstan Electricity Grid Operating Company announced new plans to list 10% of its shares in a so-called People's IPO on the local stock exchange, with the aims of raising USD72.6mn in capital. The company will issue 25,999,999 ordinary shares...

Full Report Details at
- http://www.fastmr.com/prod/938414_kazakhstan_power_report_q1_2015.aspx?afid=302

The Kazakhstan Power Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.

The Kazakhstan Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.

Key Benefits

* Use BMI's independent industry forecasts for Kazakhstan to test other views - a key input for successful budgeting and strategic planning in the power market.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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