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RISK ASSESSMENT IN THE ENERGY SUPPLY SYSTEM
Shohabbos Doliyev

This article examines the issues of ensuring the efficiency and sustainability of the energy supply system, technical losses occurring during electricity transmission, as well as local and international risk factors affecting energy security. The main structural components of the Energy Security Index are analyzed, and technical, economic, and environmental risks within the energy system are classified. The research findings indicate that comprehensive risk management and the reduction of transmission losses are essential conditions for ensuring energy security

12/29/2025
  • PDF (Uzbek)
697-701 142 89
THE ROLE OF FUEL AND ENERGY ENTERPRISES IN THE NATIONAL ECONOMY
Ilyosbek Gofurov

This article examines the strategic role of fuel and energy enterprises in the economic development of Uzbekistan, focusing on their contribution to macroeconomic stability and energy security. The research highlights the importance of oil, gas, coal, and electricity as essential resources for sustaining industrial growth and improving living standards. Particular attention is paid to the dynamics of investment flows, modernization processes, and the integration of renewable energy sources into the national energy system. A comprehensive methodological framework was employed, combining statistical analysis, comparative assessment, and expert interviews. The results show that the fuel and energy sector remains a major contributor to GDP growth and export potential, while challenges such as low energy efficiency, outdated production capacities, and insufficient investment persist

09/19/2025
  • PDF (Uzbek)
108-113 227 105
LOW-CARBON TRANSFORMATION OF THE ENERGY SECTOR AS A FACTOR IN THE SUSTAINABLE DEVELOPMENT OF UZBEKISTAN’S ECONOMY
Jamshidbek Rasulkulov

The article examines the transition to low-carbon energy as a fundamental condition for the sustainable development of the national economy of the Republic of Uzbekistan. It considers theoretical approaches to energy transformation, international trends in renewable energy development, and the specific features of Uzbekistan’s decarbonization policy. Based on official statistical data, the study analyzes electricity production dynamics, changes in the share of green generation, investment processes, and institutional constraints within the national energy market. The results indicate that between 2020 and 2024, the share of green energy in Uzbekistan’s electricity generation increased from 7.5% to 15.7%, while the estimated volume of low-carbon electricity generation grew by more than 2.5 times

06/26/2026
  • PDF (Russian)
770-778 62 35
ECONOMIC NATURE OF DIGITAL TRANSFORMATION IN THE ENERGY SECTOR AND EVALUATION METHODS
Jahongir Mahmudov

The article examines the economic essence of digital transformation in the energy sector and analyzes methods for assessing its economic efficiency. The study substantiates the impact of digital technologies on energy companies, including cost reduction, minimization of energy losses, improvement of production efficiency, and enhancement of investment attractiveness. The concepts of digitization, digitalization, and digital transformation are compared, and their economic content is revealed. The main evaluation methods of digital transformation projects are analyzed, including the KPI system, scenario analysis, cost–benefit analysis, investment appraisal tools (NPV, IRR, payback period), and the integrated efficiency assessment model.

12/09/2025
  • PDF (Uzbek)
418-422 115 85
PRIORITY DIRECTIONS FOR THE IMPLEMENTATION OF RENEWABLE ENERGY SOURCES AND ENERGY-SAVING TECHNOLOGIES IN ECONOMIC SECTORS
Abdullajon Mirzayev

The article theoretically and scientifically examines the priority directions for the implementation of renewable energy sources and energy-saving technologies in economic sectors. In the course of the research, the possibilities of introducing renewable energy sources (RES) for electricity generation until 2030 were assessed, and a forecast of energy production based on renewable energy sources up to 2030 was developed. At the same time, an algorithm for managing the enterprise’s energy efficiency based on the formation of an integrated energy-saving system was substantiated.

02/28/2026
  • PDF (Uzbek)
560-570 106 68
APPLICATION, ANALYSIS AND EVALUATION OF PPP MECHANISMS IN KASHKADARYA REGION
Gayratjon Hamroyev

Public-private partnership (PPP) mechanisms are considered an effective tool for developing local infrastructure, attracting investments and improving the quality of services. This article assesses the state of application of the PPP system in the Kashkadarya region, analyzes existing projects and assesses their economic and social effectiveness. The study used a systematic approach based on documentary sources, official statistics, international experience and opinions of local experts. The results showed that PPPs play a significant role in the region's infrastructure sectors, in particular, healthcare, education and energy. At the same time, areas for improvement were developed based on an analysis of existing institutional barriers and investment risks

10/17/2025
  • PDF (Uzbek)
532-536 106 85
THE IMPACT OF INFRASTRUCTURE ON ECONOMIC GROWTH: IMPROVING EFFICIENCY THROUGH STANDARDIZATION
Jamoliddin Umurzakov , Avazbek Esonturdiyev

This article analyzes the impact of infrastructure on economic growth and explores the possibilities of increasing efficiency through standardization. Infrastructure has a significant impact on the economic development of the state, sustainable growth and competitiveness. The article reviews the effectiveness of state policies and implemented standards in various areas of infrastructure - transport, energy, communications and industrial infrastructure. The standardization process ensures the sustainability of economic growth through efficient resource management, the introduction of technological innovations and improving quality. Particular attention is paid to practical approaches to modernizing infrastructure in Uzbekistan and thereby achieving economic stability. The article also analyzes the economic benefits of the state's investment approach to infrastructure projects, including their role in creating jobs and strengthening competition in various sectors. The article, while demonstrating the positive impact of infrastructure and standardization on the economy, also assesses the future prospects of such policies.

05/29/2025
  • PDF (Uzbek)
131-137 506 174
ENERGY DYNAMICS AND ECONOMIC GROWTH IN CENTRAL ASIAN TRANSITION ECONOMIES: A PANEL DATA ANALYSIS (1990–2024)
Indira Khadjieva

This study examines the determinants of economic growth across five Central Asian transition economies; Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan; over the period 1990–2024, with particular focus on the role of energy consumption. Using a panel dataset of 170 observations drawn from World Bank indicators, the analysis integrates energy consumption, financial development, industrialization, and trade openness into a unified panel data framework. Given a non-standard Hausman test result stemming from high intra-class correlation, the fixed-effects model is adopted as the preferred specification on theoretical grounds, with random-effects estimates reported for comparative transparency. The fixed-effects results reveal that financial development is the strongest and most consistent driver of within-country GDP per capita growth, followed by industrialization measured by manufacturing value-added. Energy consumption exerts a significant positive effect, consistent with the growth hypothesis of the energy-growth nexus, though its modest coefficient suggests diminishing returns within countries over time. Trade openness, by contrast, is negatively associated with GDP per capita, reflecting the adverse consequences of poorly sequenced liberalization in economies with limited institutional capacity and export diversification. These findings contribute original empirical evidence on the energy-growth nexus in the post-Soviet Central Asian context, offering policy-relevant insights for financial sector deepening, industrial upgrading, energy efficiency investment, and strategic trade integration across the region

05/23/2026
  • PDF
210-223 99 55
ANALYSIS OF THE STATE OF PRODUCTION OF ELECTRICITY BY HYDROELECTRIC POWER PLANTS
Mashal Saidov

This article provides a comprehensive analysis of the state of electricity production by hydroelectric power plants for the period 2020-2024. The study examined the role of hydropower in the national energy system, the dynamics of production, the changes in installed power and the performance indicators of the use of power. Also, the role of hydropower in ensuring the stability of the power grid, its leading role among renewable energy sources and risk factors associated with seasonal variability of Water Resources were highlighted. Scientific and practical proposals have been developed aimed at sustainable development of the hydropower sector, ensuring energy security and increasing the share of environmentally friendly energy sources

03/16/2026
  • PDF (Uzbek)
657-666 96 81
ANALYSIS OF FOREIGN EXPERIENCES FOR THE DEVELOPMENT OF THE GREEN ECONOMY IN OUR COUNTRY
Golib Mustafoyev , Tolmasjon Kurbonov

This article analyzes the advanced experiences of foreign countries in achieving sustainable growth through the application of a green economy in a period of intensifying global environmental problems. It examines the priority directions and opportunities for applying these experiences in the context of Uzbekistan. In addition, the article presents scientifically grounded conclusions and proposals aimed at training specialists in this field, creating an investment-friendly environment, and preventing environmental risks in our country

12/09/2025
  • PDF (Uzbek)
423-432 134 74
KEY INDICATORS OF THE SERVICE SECTOR IN THE REPUBLIC OF UZBEKISTAN, ITS STATISTICAL ANALYSIS, AND WAYS TO IMPROVE IT
Gulam Ernazarov

The article reveals the essence of the service sector, studies its main indicators and development prospects. The role and importance of the service sector in the national economy, its share in GDP and main indicators are also statistically analyzed.

08/04/2025
  • PDF (Uzbek)
246-254 154 80
FEATURES OF ATTRACTING RESOURCES FROM INTERNATIONAL FINANCIAL AND CREDIT INSTITUTIONS TO OUR COUNTRY
Bobur Kasimov

The article develops practical recommendations to identify problematic aspects of the current system for attracting international financial resources in Uzbekistan, increase the efficiency of resource use, strengthen transparency and accountability, and improve institutional coordination.

07/24/2025
  • PDF (Uzbek)
102-107 157 94
ASPECTS OF THE EFFICIENCY OF USING DIGITAL TECHNOLOGIES IN THE ACTIVITIES OF ENERGY COMPANIES
Nozimjon Tuychiboyev

The scientific article describes the ways of studying and effectively using the introduction of automated information technologies in the national economy in the context of the digital economy, the factors influencing this, the main tasks of the introduction and development of digital technologies, a number of shortcomings in the design of automated information systems based on digital technologies and the organization of these systems, as well as the principles of the entire world community in this area for the successful implementation of the digitalization program.

04/08/2025
  • PDF (Uzbek)
340-347 160 105
ORGANIZATIONAL AND ECONOMIC MECHANISMS OF REGIONAL DEVELOPMENT OF INDUSTRIAL NETWORKS
Anvar Rakhimov

In the article, the organizational and economic mechanisms of territorial development of industrial sectors are one of the current topics, as well as the opinions of a number of scientists aimed at improving them. The organizational and economic mechanisms of regional development of industrial sectors are shown schematically, and the structure of regional specialization of the industrial sector is shown. The dependence of industrial development on natural resources, the schedule of mutual energy supply of industries, the connection of industry with telecommunications and information technologies (ICT) are highlighted, and conclusions and proposals are given.

11/21/2024
  • PDF (Uzbek)
152-160 170 130
DIRECTIONS OF BUILDING THE POTENTIAL OF GREEN ENERGY IN UZBEKISTAN
Bekzod Tashbayev

Today, the development of green energy in the countries of the world is considered as a priority of state policy. Based on this, this article discusses the development of green energy in the country.

08/29/2024
  • PDF (Uzbek)
363-370 130 76
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