BAKU, Azerbaijan, September 22. Uzbekistan
announced plans to develop a long-term energy security strategy
through 2050, which will take into account resource potential,
economic growth, energy efficiency, and the development of
renewable and nuclear energy.


This was reflected in the statement by the press service of the
Uzbek president, following a presentation on the development of the
electric power industry and the improvement of project management
mechanisms, which was reviewed by President Shavkat Mirziyoyev.


According to the information, the concept is expected to be
reviewed every five years and serve as a long-term framework for
planning the country’s fuel and energy resources.


"The proposal is part of a new model for managing energy
projects, under which projects will be planned based on projected
demand from the economy, population, and individual regions rather
than primarily on individual investor initiatives. Under the
proposed approach, demand will first be assessed, followed by
planning for the required generation capacity and infrastructure.
Projects will be prepared with designated land plots, grid
connection points and technical solutions before investors are
selected through open and competitive procedures," the press
service noted.


The authorities also plan to establish clearer responsibilities
among government agencies. The Ministry of Economy and Finance will
forecast energy demand, while the Ministry of Energy will oversee
strategic planning and technical policy. The Agency for Development
and Regulation of the Energy Market will regulate market relations
and tariffs.







Investment authorities will attract investors through open
tenders, while local governments will handle land allocation and
related infrastructure.


The government also plans to develop detailed energy demand
forecasts by region and economic sector and use them to prepare
investment plans that will be updated every three years.


"The Head of our State stressed that every new energy project
must meet the long-term needs of the economy and the population,
and it is necessary to ensure a constant balance between
production, network load and consumption," the press service said
in the statement.


The authorities were instructed to accelerate major projects,
address delays in projects already under implementation, ensure
balanced development of generation and transmission infrastructure,
expand energy storage systems and introduce the new planning and
management model across the energy sector.