In this scientific article, the possibilities of using "green energy"in the energy sector were assessed in complex on the basis of the SWOT analysis method. The study analyzes the economic, environmental and institutional aspects of renewable energy sources, identifying the strengths and weaknesses of the industry, external opportunities and possible threats. The results of the study show that green energy is strategically important in diversifying the energy sector, strengthening energy security and ensuring environmental sustainability. At the same time, scientific and practical proposals have been developed for the modernization of infrastructure, the development of energy storage technologies and the improvement of the legal base.
The article provides a comparative analysis of energy efficiency and the structure of fuel and energy resource consumption (FER) by region in the Republic of Uzbekistan. Based on statistical data for 2024, significant interregional disparities have been identified: the energy efficiency indicator varies from 1.3% in the Andijan region to 8.0% in the Tashkent region. It was found that the high level of energy efficiency in a number of regions (Karakalpakstan, Kashkadarya region) is associated with an excessive dependence on fossil fuels (more than 73%), which poses risks to environmental sustainability. Based on cluster analysis, groups of regions with similar consumption profiles were formed, for each of which differentiated policy measures were proposed. Recommendations are given on improving the efficiency of energy use, diversifying the energy balance and integrating digital solutions in the context of the transition to a “green economy”.
The article examines the principal directions of transforming the energy sector of the Republic of Uzbekistan on the basis of low-carbon development. It identifies the economic and institutional prerequisites for expanding renewable energy sources, improving energy efficiency, modernizing energy infrastructure, and attracting green investment. The current development of solar, wind, and hydropower generation, national policies supporting the transition to a green economy, and the impact of energy transformation on the sustainability of the national economy are analysed. Particular attention is devoted to the role of the insurance market in managing climate-related, technological, investment, and infrastructure risks associated with energy projects.
This article analyzes current trends in the formation of the digital economy in the energy sector, particularly the capabilities of Smart Grid and Digital Twin technologies and their impact on production, distribution, consumption, and management systems. The stages and functional directions of digital transformation are examined, and advanced digital energy models of Germany, the USA, China, and Japan are comparatively analyzed. The practical experience of implementing SCADA, AMR, and ERP systems in the energy sector of Uzbekistan is studied, based on which priority areas and strategic recommendations for the digitalization of the national energy sector are developed. The research results highlight the theoretical and practical foundations for forming a digital energy ecosystem in Uzbekistan.
It is vital to establish trustworthy forecasting methodologies in order to predict and assess a country's energy consumption ahead of time. This enables economists to better track and analyze consumers' energy needs. To that purpose, this study was done to establish the Republic of Uzbekistan's long-term energy consumption forecast using data on energy consumption volume acquired between 1985 and 2023. The forecasting procedure used the econometric ARIMA model. The Box-Jenkins approach was used to determine the optimal ARIMA order. According to the findings, the ARIMA (0,1,3) model was shown to be the most accurate. Based on this model, the entire predicted results had an average percentage inaccuracy of 7.2 percent. It was discovered that ARIMA is the most effective model for making long-term strategic decisions about energy consumption.
The article examines the impact of energy resources on the economic growth of Uzbekistan. It focuses on analyzing the data related to the installed capacity of power stations and the consumption of electricity in various economic sectors. In addition, the article considers the growth of alternative energy sources and their contribution to the overall energy balance of the country.
The article is devoted to identifying ways to improve the management accounting methodology of companies in the energy industry of Uzbekistan to increase the efficiency of their financial management. To do this, a regression analysis of the dependence of the availability and quality of provided electricity resources in Uzbekistan on the factors identified in the literature review is carried out based on World Bank statistics for 2003-2020. As a result, key areas of management accounting for companies in the energy industry of Uzbekistan have been identified, which have the greatest positive impact on the efficiency of their financial management. Taking into account the identified areas, the author's recommendations are proposed to improve the methodology of management accounting of energy industry companies in Uzbekistan to increase the efficiency of their financial management.
The fuel and energy complex (FEC) plays a pivotal role in global economic stability and growth. This article explores the concept of enhancing the innovative potential of FEC enterprises through targeted strategies, supported by statistical data reflecting current trends and outcomes.
Achieving sustainable development while maintaining economic growth presents a significant challenge for Uzbekistan, given its reliance on resource-intensive industries and fossil fuels. This paper explores strategies for decoupling economic growth from environmental harm, focusing on key measures such as transitioning to renewable energy, improving energy efficiency, fostering green technology and innovation, and enforcing robust environmental policies. The study highlights the importance of sustainable agricultural practices and international cooperation in facilitating this transition. Uzbekistan's potential for solar, wind, and hydroelectric energy, coupled with modernization of its industrial and agricultural sectors, offers pathways to mitigate environmental impacts. Leveraging global partnerships and foreign direct investment, the country can adopt green technologies and align its development goals with international sustainability standards. This approach ensures a balance between economic prosperity and environmental preservation, contributing to a sustainable future.
This article analyzes the eco-energy resources of renewable energy sources, the potential for mitigating the consequences of climate change and costs, and analyzes Uzbekistanʼs climate change strategy, energy requirements and greenhouse effect, options for reducing emissions, and renewable technologies (solar, wind, bioenergy and hydropower).
This article discusses the problems of the energy sector. Technologies in the energy sectors of the world, their achievements and shortcomings are highlighted on the basis of research by international organizations. The proposals and recommendations on the development of green energy sources in Uzbekistan are given.
The article discusses the significant role of thermal power stations in Uzbekistan's energy sector, emphasizing the ongoing modernization efforts to increase efficiency and reduce environmental impact. It outlines various projects and investments aimed at upgrading existing facilities and installing new, energy-efficient units. The text highlights the economic and operational benefits of these initiatives, including reduced fuel consumption, increased production capacities, and enhanced technological capabilities. The article also details the financial investments and the expected outcomes of these projects in terms of capacity and sustainability improvements.
In this article, in an econometric analysis of household income and demand for consumer goods, energy consumption per capita is assessed, the problems of ensuring energy savings are studied, the processes for eliminating them, as well as the efficient use of electrical energy resources have been studied. To assess the electricity consumption of the Republic of Uzbekistan, energy consumption in industries and sectors of the economy was compared and analyzed, and using elasticity coefficients it was studied how much electricity consumption will increase the income of the population by 1%.
This article examines the prospects of implementing “green mortgage” programs in Uzbekistan and their economic effectiveness. Drawing on international experience, the study explores the advantages of green mortgages, including preferential interest rates, energy-efficiency certification systems, and refinancing mechanisms for banks. The findings indicate that green mortgage programs can significantly reduce energy consumption, modernize the housing stock, lower household expenses, and improve environmental sustainability. The analysis concludes that successful implementation in Uzbekistan requires strengthening the institutional framework, expanding financial incentives, and enhancing cooperation with international financial institutions.
The article analyzes the achievements of Uzbekistan in the field of sustainable development in recent years, including the introduction of renewable energy sources, increased waste recycling and legislative initiatives. It provides international experience of the EU, USA, China, Kazakhstan and other countries, demonstrating successful practices of financial incentives. The article offers recommendations for the creation of a national "green fund", the development of preferential lending programs, educational initiatives and the improvement of the investment climate. It is predicted that the implementation of these measures will increase the share of renewable energy, reduce CO₂ emissions and create new jobs in environmentally friendly industries.
The article analyzes the current state of the economic activity of the enterprises of the joint-stock company "Uzbekneftgaz". In this analysis, the role of the enterprises of "Uzbekneftgaz" company in the energy sector, the current state of economic activity, the directions to be implemented and the quarter employees are determined.
The article clarifies the concept of loss as an object of accounting in order to improve the accounting of expenses associated with the supply of electricity, as well as to identify and assess electrical losses, to fully objectively and systematically reflect them in accounting. It is disclosed that the losses in the economic system of the energy supply organization should be understood as the loss of the asset that exists in the organization, and the cost of sales should be understood as the expenses of the organization. When analyzing losses associated with delivery, the scientific basis for dividing them into more detailed direct losses and inefficient costs is given.
In the case of processing of extracted natural gas, oil, and gas condensate, the tax base is realized and expanded, effective organization of tax control of large taxpayers in the field of oil, gas, fuel, and energy industry. Issues, scientific proposals, and recommendations for solving the problem of taxation have been developed.
Economic security is a key element of sustainable development, especially in the context of global changes associated with the transition to a «green economy». In the Republic of Uzbekistan, this process is becoming strategically important, given the need to optimize environmental management, increase energy efficiency and introduce innovative technologies. The article examines the main challenges and prospects for ensuring economic security in the context of the transition to a «green economy». Special attention is paid to the issues of economic diversification, the development of renewable energy sources, the improvement of the legislative framework and the strengthening of institutional mechanisms. The presented measures are aimed at creating conditions for sustainable growth, reducing the environmental burden and increasing the competitiveness of the national economy.
This article analyzes the main directions of the European Union’s "Green Deal" strategy. It discusses measures for decarbonizing the economy, transitioning to renewable energy sources, and ensuring environmental safety. The analysis shows that the Green Deal contributes to economic growth and strengthens environmental sustainability. Implementation challenges and recommendations are also presented.
This article analyzes the importance of innovative projects in municipal services. Based on the experience of the world and Uzbekistan, the study examines the economic, environmental, and social benefits of introducing innovative technologies. Innovative projects, including smart cities, digital management, energy efficiency, and waste recycling, analyze the possibilities of effective resource management, environmental protection, and population well-being through such approaches as smart cities, and digital management. The article also discusses the existing infrastructure, and financial and technological constraints in introducing innovative technologies and provides recommendations for solving these problems.
This article analyzes the main problems in the housing and communal economy management system and the possibilities of their solution in the context of the green economy. Comprehensive information is provided about the practical importance of the green economy, its important role in maintaining environmental stability and increasing energy efficiency. The article also considers ways to improve the housing and communal economy by using international experience and implementing innovative management approaches. As a result of the research, effective ways of innovative development in the conditions of the green economy are recommended, and their positive impact on society and ecology is evaluated as a result of their use in the housing and communal economy.
Improving the efficiency of resource use in the enterprises of the oil and gas industry is today one of the priorities for ensuring economic and environmental stability. This scientific study analyzes advanced technologies aimed at saving resources, automating production processes, improving energy efficiency and ensuring environmental sustainability in industrial enterprises. On the basis of world experience, strategic approaches to the effective use of resources are studied, the effectiveness of which is assessed economically and technologically. At the same time, the existing problems at the enterprises of the oil and gas industry of our country are analyzed and proposals and recommendations for their elimination are developed.
The article presents data on the state of total electricity losses and the norms of electricity losses in the electric networks of the Republic of Uzbekistan. The problem of calculating electricity losses has been worrying power engineers for a very long time. Today, there are not enough sources for determining and calculating electricity losses. Due to the complexity of calculating losses and the presence of serious errors, special attention has recently been paid to the development of methods for standardizing electricity losses. Therefore, the topic of analyzing electricity losses in regional electric networks and developing measures to reduce them remains relevant.
This article analyzes the role and importance of green investments in the development of the green economy in Uzbekistan. It explores the opportunities for implementing green investments to promote environmentally friendly economic activities, develop renewable energy sources, and introduce ecological technologies. Furthermore, existing green investment projects in Uzbekistan are examined, the main barriers to their expansion are analyzed, and appropriate conclusions and recommendations are provided.