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Kazakhstan

Kazakhstan

Updated: Ten projects awarded 100MW in Kazakh auctions

KAZAKHSTAN: The energy ministry has awarded just under 100MW across four tenders for wind projects in the country.

Gel Elektik will build a wind farm in the Kostanay region, west of the capital city of Astana (above)
Gel Elektik will build a wind farm in the Kostanay region, west of the capital city of Astana (above)

It received nine bids from Kazakh companies totalling 40.7MW for the first 20MW portion on 23 May, the ministry stated.

Zenchenko and K were awarded 2MW of capacity at KZT 18,000/MWh ($55.08/MWh), Vichi won 7MW at KZT18,010/MWh, Ventum Energy and EastWind Energy both won 4.95MW at KZT18,990/MWh and KZT 19,990/MWh respectively, and Ivan Zenchenko was awarded 2MW at KZT22,530/MWh.

In a second auction on 24 May, Gel Elektik won the full 50MW allocation at KZT 17,490/MWh for a site in the Kostanay region.

The energy ministry had received four applications, it stated, offering projects with capacities between 20MW and 50MW for a total of "about 127MW".  Prices had started at KZT 22,670/MWh (€59.18/MWh) before Gel Elektik emerged victorious.

In the third auction, for the western region of Kazakhstan, three applications were filed offering between 5MW and 10MW for a total capacity of 20MW. Tariffs offered ranged between KZT 21,500/MWh and KZT 22,670/MWh, the energy ministry stated.

VES Zhangiz was awarded a contract for a 5MW wind farm worth KZT 21,500/MWh and VES Syvaz won a deal for a 10MW project worth KZ 21,700/MWh.

In its most recent auction, for the country’s southern region, the energy ministry received three applications from three companies for a total volume of 19.95MW. Companies offered between KZT 22,650/MWh and KZT 22,670/MWh

Alcor Energy was awarded 4.65MW at KZT 22,650/MWh, while East Wind won 10MW at KZT 22,660/MWh.

Successful companies will sell electricity from their site to the settlements and tariffs department under a 15-year contract.

Renewable energy auctions are running in Kazakahstan from 23 May to 7 June, and 3-18 October. The government intends to tender 1GW of energy capacity this year, of which wind power would account for 620MW.

Kazakhstan currently has no online wind projects, but there are several in various stages of development.

The government owns six 35MW sites in the north of the country, and a 78MW project in the east, that it hopes to complete this year. The country aims to source 50% of its power from renewables by 2050.

This story was first published on 25 May and has been updated.

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