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    Demand for energy in Uzbekistan to increase two-fold by 2030


    January 17, 2022 - UzReport

     

      Tashkent, Jan. 15 -- As a result of the acceleration of reforms in Uzbekistan, the development of industry, population growth, the energy demand is expected to increase sharply, almost doubling by 2030. This was noted on a special meeting of the Senate Meeting on Aral Sea Development that discussed the work implemented in Karakalpkakstan on the use of solar and wind energy in the economy, social facilities, and housing as well as the priorities of the development strategy for 2022-2026.

      With this in mind, a project agreement on the construction of a 1,700 MW wind farm in Karakalpakstan is planned to be signed in 2022. The meeting also emphasized the importance of foreign investment and local entrepreneurs and training through the introduction of the tax, customs, and other benefits provided for in the Law 'On the use of renewable energy sources.

      The draft development strategy for 2022-2026, which is currently under discussion, focused on ensuring socio-economic development by expanding the use of renewable energy sources.

      The draft document aims to increase the energy efficiency of the economy by 20% and reduce emissions by 10%.

      It envisages an increase in electricity generation by an additional 40 billion kWh by 2026 to a total of 110 billion kWh, saving about 3 billion cubic meters of natural gas per year by emitting 25% of renewable energy sources by 2026. It is also planned to reduce the volume of harmful gases by 8 million tons.

      In this regard, it is planned to develop a program to expand and support the use of renewable energy sources, including the construction of 4 GWh through the construction of 8 wind farms in the Republic of Karakalpakstan and the regions, the construction of additional capacity to 4 GWT through the commissioning of 10 solar photovoltaic plants.

      Following the draft document, the procedure for the introduction of a component of the use of renewable energy sources in the production of heat and electricity for their own needs will be introduced within the framework of projects funded by international financial institutions. Published by HT Digital Content Services with permission from UzReport. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com

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