During the meeting, key measures were discussed to address the growing electricity needs of the country, as well as plans for transitioning to "green" energy and enhancing energy efficiency.
Over the past eight years, electricity production in Uzbekistan has increased by 38%, reaching 81.5 billion kWh. The active involvement of the private sector has led to the introduction of new capacities totaling 11.2 GW, which has raised the share of private companies in generation to 24%. The share of renewable energy sources (RES) in the total production volume accounted for 16%.
The rise in household incomes and increased use of home appliances have resulted in a 21 billion kWh increase in electricity consumption in households, which is double the figures from 2016. By 2030, the country's population is projected to reach 41 million, and the economy is expected to grow by 1.5 times. To sustain such growth, electricity production needs to be increased to 117 billion kWh by 2030 and to 135 billion kWh by 2035.
To achieve these goals, new power plants and energy storage capacities will be built, along with the establishment of 7,000 km of trunk networks. The implementation of digital management will ensure energy balance between regions. Over the next five years, $4 billion in investments will be attracted for the "National Electric Networks of Uzbekistan" projects.
Special attention is being given to the development of "green" energy. The cost of electricity production at solar and wind stations averages 3 cents per kWh, significantly lower than at thermal power plants (5-6 cents). By 2030, the share of RES in total generation is expected to exceed 50%. Plans include the commissioning of 3,000 micro hydroelectric stations with a total capacity of 164 MW, as well as small solar and wind stations with a capacity of 750 MW.