Key facts
- Uzbekistan plans to boost electricity generation to over 120 billion kWh within five years.
- The country aims for 54% of its electricity to come from renewables by 2030.
- Uzbekistan is seeking foreign investment for its power expansion plans.
- Renewable energy focus includes solar, wind, and battery storage.
- The country is planning its first nuclear power plant.
- Grid upgrades are part of the planned power expansion.
Uzbekistan is embarking on a major initiative to expand its electricity generation capacity, with a target of exceeding 120 billion kWh within the next five years. A key component of this strategy is a strong commitment to renewable energy, aiming for 54% of the country's power to come from these sources by the year 2030. The government is actively pursuing investments in solar and wind power, as well as battery storage solutions, to achieve this goal.
In parallel with its renewable energy push, Uzbekistan is also planning the construction of its first nuclear power plant. This dual approach to energy development underscores the nation's commitment to modernizing its power sector and ensuring energy security. The country is actively seeking substantial foreign investment to finance these large-scale projects, which also include critical upgrades to its existing electricity grid infrastructure. These investments are seen as crucial for supporting the planned expansion and integration of new energy sources.