What is the electricity price in Uzbekistan?

The residential electricity price in Uzbekistan is UZS 295.000 per kWh or USD 0.023. The electricity price for businesses is UZS 900.000 kWh or USD 0.071. These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees. Compare Uzbekistan with 150 other countries.

What is the energy sector like in Uzbekistan?

In Uzbekistan, the energy sector is concentrated in the hands of two monopolies, Uzbekenergo and Uzbekneftegaz, with mineral resources and rare-earth minerals concentrated at metallurgy plants, which the government intends to upgrade through a number of sponsored programmes, and with the active assistance of foreign contractors and suppliers.

How much renewable power does Uzbekistan have?

Uzbekistan targets 27 GW of renewable capacity by 2030, i.e., 50% more than its current installed capacity (2023). JSC "Thermal Power Plants" is the largest power utility with 70% of the total capacity. Uzbekneftegaz is the national oil and gas company. Natural gas accounts for 87% of the power mix.

How much gas does Uzbekistan have?

Uzbekistan has large gas reserves (around 867 bcm of proven reserves) and more modest oil reserves (around 81 Mt) (end of 2023). Around 80% of gas reserves are located in the Amu Darya basin in the Bukhara region. The country also has significant uranium reserves (50 Mt). Uzbekneftegaz has increased the gas prices several times.