PROBLEMS IN THE DEVELOPMENT OF RENEWABLE ENERGY SOURCES IN THE REGIONAL ECONOMY OF UZBEKISTAN
Keywords:
Renewable energy, green economy, solar energy, wind energy, hydropower, sustainable development, energy infrastructure, investments, legal issues, technological innovations, environmental safety, economic efficiency, public policy, private sector, international cooperation, energy storage, modernization of power grids, subsidies, economic reforms, energy of Uzbekistan.Abstract
This article analyzes the main problems arising in the process of developing renewable energy sources in the regional economy of Uzbekistan. During the study, limitations related to financial, technological, legal and natural factors were considered. Also, proposals were put forward to modernize the country's energy infrastructure, attract private investment and expand international cooperation.
Although Uzbekistan geographically has great potential for the use of renewable energy sources, a number of economic and institutional problems are observed in the process of developing this sector. In particular, the insufficient development of the technological base for solar and wind energy, limited local production, lack of financing and state subsidies, as well as the complexity of legal regulation, hinder the development of this sector. At the same time, factors such as attracting international investors and implementing modern innovative technologies are of great importance for the development of the sector.
The results of the study will help to make important strategic decisions on the development of a green economy and the use of sustainable energy sources in Uzbekistan. The article also highlights the expected positive impacts on the country's economy as a result of the development of renewable energy sources, including ensuring energy security, using environmentally friendly energy, and creating new jobs.
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