Asia-Pacific
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
Score over time
2021 - 2024
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.
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.
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).
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.
The top amount of electricity generated in Uzbekistan in 2023 was in Natural Gas at 74.73%, up from 70.26% in 2022.
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.
Which segments of the power sector are open to private participation?
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Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
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Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
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Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
For more information on best practices and climate action, explore the NetZero Pathfinders project by BloombergNEF.