How much electricity does Uzbekistan need?

According to projections, Uzbekistan will require 117 billion kilowatt-hours of electricity by 2030, increasing to 135 billion kilowatt-hours by 2035—1.7 times the current consumption. To meet these demands, the Ministry of Energy has developed a long-term strategy focused on infrastructure development and efficiency improvements.

How will Uzbekistan improve electricity production?

The government plans to invest $4 billion in the National Electric Grid of Uzbekistan over the next five years to facilitate these projects. Reducing electricity production costs is another major priority, with a particular emphasis on alternative energy sources.

Is Uzbekistan ready for low carbon electricity?

Electricity generation is also dominated by natural gas with 88% of the share, whilst hydropower holds a share of 7%. Electricity demand is projected to roughly double to 120 TWh by 2030 meaning that Uzbekistan must scale up low carbon electrification.

How will Uzbekistan support supplementary power?

A crucial aspect of this plan is ensuring that regions facing energy deficits can receive supplementary power from other areas. The government plans to invest $4 billion in the National Electric Grid of Uzbekistan over the next five years to facilitate these projects.

How much will Uzbekistan spend on electricity subsidies in 2021?

Indeed, the national Electricity Grid reported roughly USD 200 million in losses in 2021. Tariff reforms have therefore been ongoing to phase out subsidies by 2030. Yet, estimates suggest that during this phase out period, Uzbekistan will spend a further USD 55 billion in subsidies.

How much energy does Uzbekistan export?

Energy exports accounted for roughly 6.2%, 0.91 Billion USD$, of Uzbekistan’s export revenue, generating 1.3% of GDP in 2021. Energy imports, on the other hand, accounted for 5.1% of total imports, 1.27 Billion USD$.