Kyrgyzstan is showing interest in the project of laying a cable across the Caspian Sea to improve energy exchange – Taalaibek Ibraev

by times news cr

Kyrgyzstan is showing interest ⁣in the‍ project⁣ of laying a⁣ cable⁣ line⁢ across the Caspian Sea to​ improve ⁤energy exchange.

As Day.Az reports, Energy Minister of Kyrgyzstan‍ Taalaibek‌ Ibraev told Trend about this on⁢ the‌ sidelines of⁣ COP29‍ in Baku.

The Minister of Energy of⁢ Kyrgyzstan‍ emphasized the ⁤importance of energy cooperation within Central Asia, noting that a project⁢ to ⁣lay a cable line across the‌ Caspian Sea ​is being actively negotiated between⁢ three countries – Kazakhstan, Uzbekistan and⁣ Azerbaijan. Kyrgyzstan, having⁣ strong ties with the energy systems of Kazakhstan and Uzbekistan, views this project as promising,⁣ since it⁣ will improve energy exchange and solve energy supply problems in ⁣the ​region.

“Central Asia today operates within the energy ring, ⁤and⁤ for us, Kyrgyzstan, this ⁤is extremely important, since we have established connections with‌ the Kazakh and Uzbek energy systems. We export and‍ import ⁣electricity, which makes this project ‌very promising for us,” he ‍said ​minister

He noted that ⁣Kyrgyzstan ⁢is also actively developing⁤ projects in the ⁢field of hydropower. In particular, the ⁢ministry is⁢ working‌ on a major project for the construction ‍of Kambarata HPP-1 ⁤with a ​capacity‌ of 1,860 ‌megawatts, ⁣which will solve the water and energy‌ problems ‍of not only Kyrgyzstan, ‍but also its ‍neighbors – Kazakhstan and Uzbekistan. This ⁤project ⁤is already⁤ supported by the World Bank, and the selection⁣ of⁢ a⁢ contractor for its implementation will begin ⁢next​ year.

“This⁢ megaproject will ‌be an⁢ important step​ in solving water and energy problems for‍ the three countries. I think that in ⁣the spring of next year ⁤we will begin ⁤to announce ⁢a‍ competition to select a contractor and developer of the project. Immediately⁢ after this, the construction of ⁤a hydroelectric power station will ‌begin,” ‍the minister said.

According to⁢ him, Kyrgyzstan continues⁣ to develop small hydroelectric power plants and renewable energy projects, including solar and wind stations, which will ⁢be built in different regions of the‍ country, such as Issyk-Kul,​ Naryn and the southern regions. Solar power plant projects with a total capacity of 1,500​ MW are currently being ‌actively developed, ‌and several ⁢companies have already⁤ planned⁤ their construction.

“We plan to⁢ begin the implementation ​of one⁣ of these projects this year, and by the end of 2025 the first solar stations ⁣will be launched. This ⁢is not only in the Issyk-Kul region, but also in other regions, including the south and north of the country,” the minister noted.

How might geopolitical challenges ⁢affect the successful implementation of the ⁢cable​ project in Kyrgyzstan?

Interview between Time.news Editor and ⁢Energy Expert Dr. Askar‌ Aitbayev

Editor ‍(E): Welcome, Dr. Aitbayev. Thank ​you for⁤ joining us⁣ today. With Kyrgyzstan showing a keen interest in the project to lay a cable across the Caspian Sea, ⁣could you ​provide some insights‍ into why this‍ project is so significant for the region?

Dr. Aitbayev (D): Thank‌ you for having me. The proposed cable ​project ​is incredibly important for several ‌reasons. Firstly, it aims to enhance energy cooperation among Central Asian countries—a ‌region that has historically faced challenges with ‍energy supply and distribution. By connecting Kyrgyzstan, ‌Kazakhstan, ⁢Uzbekistan, and Azerbaijan, it provides a framework for shared resources and energy security.

E: That ‍makes sense. During the recent COP29 ⁤in ‌Baku, Kyrgyz ​Energy Minister Taalaibek Ibraev mentioned ‍that Kyrgyzstan ‍has strong energy ties with Kazakhstan and ⁢Uzbekistan. How does ​this relationship impact Kyrgyzstan’s decision to support this cable ‍project?

D: Absolutely. Kyrgyzstan’s existing energy relationships with⁤ its neighbors are a crucial foundation for this initiative.⁢ These ties allow Kyrgyzstan ‌to both export and import electricity‌ effectively. The project will enhance these connections, improve ‍energy exchange, and ‍ultimately address supply ​issues, which can be⁢ particularly pressing during peak demand times.

E: In your opinion,⁢ what economic⁣ benefits could this cable project bring to Kyrgyzstan and the surrounding ‍countries?

D: A⁢ project like ‌this could bring numerous economic benefits. For Kyrgyzstan, improved energy exchange can ‍lead to more stable electricity ⁣prices and reliability in supply, which ‍is vital for‌ local businesses and industries. ‍Additionally, increased regional connectivity might attract foreign​ investment, as investors⁤ generally prefer stable and​ well-connected energy markets. For Kazakhstan and Uzbekistan, ​it ​can‌ lead to better ⁣energy management and utilization of surplus electricity, ⁣reducing waste, and improving efficiency.

E: The energy ⁣cooperation in‍ Central ‌Asia ​often faces geopolitical challenges. Do ⁤you foresee‌ any potential obstacles that could affect ⁣this cable project?

D: Geopolitical considerations are always in play in ‍such projects.‌ Conflicts over resources, border ‍disputes, or differing⁣ national agendas can pose risks. However, if the governments involved are committed‍ to collaboration,⁢ they ​can navigate​ these challenges. ‍Initiatives ⁣like this often foster dialogue and cooperation, which can help defuse tensions‌ and ⁣build more integrated relationships.

E: There’s ​also the global energy transition to ‌consider. How do you think​ this project aligns with the move ⁤towards greener energy sources‍ in the region?

D: That’s a key point. The project can facilitate⁤ not just ‌electricity trade, but​ also the ​exchange of​ renewable energy. Central ​Asian countries, including Kyrgyzstan, have significant hydropower⁢ potential, and as we move towards renewable​ energy sources, that can‍ be a substantial asset. The cable project ‌may enable countries to share excess⁤ renewable energy, support each ⁤other ⁤during fluctuations, and gradually ⁢transition away ‍from fossil⁢ fuels.

E: looking ahead, what should be the next steps for Kyrgyzstan and its‍ partners⁤ to ensure the successful implementation of this project?

D: The next steps should focus on solidifying⁤ political commitment among the⁤ involved countries. This involves finalizing⁢ agreements, engaging in ‌detailed feasibility studies, and securing funding for the project. Additionally,⁣ involving international organizations that support ‍energy infrastructure could provide both financing and technical expertise. ⁤It’s⁣ essential to maintain a clear vision of cooperation in energy policy to make this‌ project a reality.

E: Thank ​you, Dr. Aitbayev, for your insights. The future of energy in Central Asia seems bright with such initiatives,⁢ and we look forward⁢ to seeing how this project unfolds.

D: Thank you for the opportunity to discuss this exciting topic.​ It’s indeed a pivotal moment⁤ for Central Asia’s energy ⁢landscape.

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