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Asia-Pacific

Uzbekistan

With a power score of 1.86, Uzbekistan ranks number 59 among Emerging Markets and number 17 in the Asia-Pacific region

Power score

1.86/5

12345

Score over time

2021 - 2024

62
2021
83
2022
24
2023
59
2024

Overview

Uzbekistan has a power score of 1.86, which puts it at rank 59 in the Emerging Markets power ranking. In comparison to 2023, Uzbekistan has dropped in the power rankings by 35 places, from rank 24, to rank 59.

At 1.86, the power score of Uzbekistan is worse than than the regional average of 1.94 in the Asia-Pacific region and puts it at rank 17 in the region.

Regional comparison chart

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Uzbekistan

Power

Power policy

Uzbekistan implements policies in 5/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Net metering, VAT incentives, and Renewable Energy Certificates.

Power policies

Renewable energy target
Renewable energy auction
Feed-in tariff
Net metering
Import tax incentives
VAT incentives
Priority grid access
Renewables mandate
Renewable Energy Certificates

Power prices and costs

The average electricity price in Uzbekistan has dropped from 36.06 USD/MWh in 2022 to 33.95 USD/MWh in 2023. Since 2017, the average electricity price in Uzbekistan has fluctuated between 22.83 USD/MWh (2018) and 44.95 USD/MWh (2019).

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Power market

The top amount of capacity installed in Uzbekistan in 2023 was in Natural Gas at 65.56%, down from 67.05% in 2022. The technology with the biggest increase in capacity installed in 2023 was Utility-scale PV at 3.5%, up from 1.38% in 2022.

Installed capacity (in MW)

2000200520102015202005K10K15K20K MW

Electricity generation (in GWh)

20002005201020152020020K40K60K80K GWh

The top amount of electricity generated in Uzbekistan in 2023 was in Natural Gas at 74.73%, up from 70.26% in 2022.

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Investment in clean energy in Uzbekistan was around $1,567.42 million in 2023, an increase of 1.75% from 2022 ($1,540.50 million). Between 2018 and 2023, the highest investment in clean energy was in 2023 at $1,567.42 million, while the lowest was in 2020 with $235.16 million.

Utility privatisation

Which segments of the power sector are open to private participation?

generation: Yes
transmission: No
retail: No

Doing business and barriers

Type

Question

Availability

Currency of PPAs

Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?

Yes

Type

Question

Availability

Bilateral power contracts

Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?

No

Type

Question

Availability

Fossil fuel price distortions - Subsidies

Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?

Yes

Type

Question

Availability

Fossil fuel price distortions - Taxes and carbon prices

Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?

No

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