On January 28, President Shavkat Mirziyoyev chaired a meeting on measures to develop the electricity sector for 2025-2035.
Over the past eight years, electricity production in Uzbekistan has increased by 38 percent, reaching 81.5 billion kilowatt-hours. Thanks to expanded opportunities for the private sector, new generation capacities totaling 11.2 gigawatts have been created. As a result, the private sector’s share in electricity generation has reached 24 percent, while the share of green energy now stands at 16 percent.
During this period, household incomes grew 1.6 times, leading to an increase in electricity consumption by 21 billion kilowatt-hours due to adoption of new household appliances. This figure is twice as high as in 2016.
By 2030, the population of Uzbekistan is expected to reach 41 million, while the economy is projected to grow 1.5 times. This requires a stable energy supply. According to projections, Uzbekistan will require 117 billion kilowatt-hours of electricity by 2030, and by 2035, this demand will rise to 135 billion kilowatt-hours.
At the meeting, the Minister of Energy presented a long-term program aimed at achieving these targets.
New power plants and energy storage facilities will be constructed across the country.
One of the most critical tasks is reducing the cost of electricity production. A key factor in achieving this is the use of alternative energy sources.
The cost of generating one kilowatt-hour at thermal power plants is 5-6 cents, whereas at solar and wind farms, it averages 3 cents. International experts also highlight Uzbekistan’s significant potential for green energy development.
By 2030, the share of green energy in total electricity generation is expected to exceed 50 percent.
Work has already begun with foreign investors on projects totaling 24 gigawatts, valued at $26 billion.
