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Conceptual Development of Electric Energy of The Republic of Uzbekistan: Problems and Prospects

https://doi.org/10.48137/2687-0703_2021_16_4_148

Abstract

In the conditions of global competition, those countries that have been able to create a developed infrastructure and institutions for the development, commercialization and implementation of innovations have an advantage. Nowadays, at the time when all countries, even though in different degrees, are experiencing the consequences of the financial and economic crisis, it is clear that ones will outcome the current situation with the least losses who will timely take measures on re-equipment of production and develop new technologies, which ensures the production of competitive products with the lowest costs. One of the most important measures to overcome the consequences of the financial and economic crisis is the accelerated innovative development of the fuel and energy complex. This direction has been and remains a priority in the policy of the Republic of Uzbekistan. The energy sector of Uzbekistan is the basic branch of the national economy of the Republic and, having significant production and scientific potential, has a significant impact on the development of the entire national economic complex. Continuous electrification has created an opportunity for the development of industrial and social infrastructure of cities and rural areas of Uzbekistan, the formation of industry, construction industry. Currently, taking into account the self-sufficiency of the republic, measures are being taken to meet its needs in the medium and long term with the necessary high-quality energy resources on the basis of sustainable innovative development of the industry.

About the Author

G. N. Nigmatullayeva
TSUE
Uzbekistan

Nigmatullayeva Gulchehra N., PhD doctoral student o Economics of Industries Department

49, Islam Karimov str., Tashkent, 100066



References

1. President resolution № 4249 27.03.2019. The strategy for further development and reform of the electric power industry of the Republic of Uzbekistan // https://lex.uz/docs/4257085, accessed 20.10.2021. (In Russ.)

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Review

For citations:


Nigmatullayeva G.N. Conceptual Development of Electric Energy of The Republic of Uzbekistan: Problems and Prospects. Geoeconomics of Energetics. 2021;(4):148-158. https://doi.org/10.48137/2687-0703_2021_16_4_148

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ISSN 2687-0703 (Print)