Cheapest Energy Is Saved Energy, Says President

President Shavkat Mirziyoyev said in an open dialogue with investors in Uzbekistan's fuel and energy sector that the capacity each region needs will now be planned in advance, and ready projects will be put out to open tender. He noted that Uzbekistan has gained wide experience in preparing energy projects and working with investors.

The goal is 22,000 megawatts of new capacity by 2030. As a result, annual electricity output is expected to exceed 129 billion kilowatt-hours, and the share of renewable energy will reach 54 percent. Projects will be carried out on the basis of open competition, transparent rules and consistent implementation of agreed conditions. In the early stage, green capacity was often placed in regions proposed by investors, which raised the cost of transmitting electricity to other regions.

“We need not separate power stations but an interconnected energy system,” the president said. Six solar and wind power stations with a total capacity of 2,200 megawatts are being put out to tender. For the first time, a national master plan for the energy sector up to 2050 is being developed and will be published.