The Wall Street Journal - Why the World’s Tallest Dam Is Taking Over 48 Years to Build | WSJ Breaking Ground
Tajikistan is constructing the Rogun Dam, aiming to double its energy output and alleviate power shortages affecting 70% of its population. The dam, part of a series on the Vakhsh River, will generate surplus energy in summer, which can be sold or exchanged for winter gas supplies. However, the project faces financial hurdles, requiring $6.3 billion to complete, more than half of the country's GDP. Initial funding from the Soviet Union stalled, and subsequent attempts to secure international funding faced setbacks due to geopolitical tensions, particularly with Uzbekistan. Recent improvements in Tajikistan-Uzbekistan relations and a $3 billion investment from a World Bank-led consortium have revived the project. This support is partly driven by the desire to reduce Russian influence in Central Asia, especially after the Ukraine War. The dam's completion could enable Tajikistan to export electricity to neighboring countries, ensuring a stable energy supply year-round.
Key Points:
- Rogun Dam aims to double Tajikistan's energy output, addressing power shortages for 70% of the population.
- The project requires $6.3 billion, over half of Tajikistan's GDP, with recent $3 billion funding from a World Bank-led consortium.
- Improved relations with Uzbekistan and geopolitical shifts post-Ukraine War have facilitated new funding avenues.
- The dam will allow Tajikistan to export electricity, potentially stabilizing its energy supply through regional exchanges.
- The project reflects Tajikistan's strategic balancing between global powers to secure necessary resources.
Details:
1. 🌍 Tajikistan's Ambitious Energy Project
- The Rogun Dam, at almost 1,100 feet tall, is set to almost double Tajikistan's energy output, significantly addressing the power shortages affecting 70% of the population.
- The dam is a symbol of Tajikistan's economic aspirations and aims to achieve energy independence for the country.
- Despite its potential benefits, the project has faced multiple delays due to post-Soviet disputes and funding challenges.
- The involvement of traditional ally Russia has been impacted by its focus on the Ukraine War, prompting Tajikistan to seek alternative international support.
- This shift is creating opportunities for new international alliances and partnerships in the region.