Russia’s Inter RAO may start electricity exports to Kazakhstan next month, according to local news. The development comes after Kazakhstan experienced energy shortages with crypto mining.
Alexandra Panina, acting head of Inter RAO trade unit, said:
According to the news, it shows that the desired electricity volume is up to 400MW per day. Panina stated that Inter RAO could supply around 600 MW in an ideal scenario.
Power outages have caused problems in Kazakhstan, which is approaching to become the second largest Bitcoin mining region in the world. Kazakhstan’s electric power was not ready for Bitcoin mining.
The country’s energy ministry stated that data centers consume the equivalent of about 24,000 apartments in a month. However, crypto mining has also proven to be profitable in the country. The sector is thought to bring about 98 billion tenge annually to Kazakhstan.