Innovation science and technologiy Volume 2 Issue 5 (2026)
ECONOMIC EFFICIENCY OF RENEWABLE ENERGY DEPLOYMENT IN UZBEKISTAN
Hamroyeva, Sabina, Ismailov, Dilshod
Abstract
This article evaluates the economic efficiency of solar and wind energy in Uzbekistan through a comparativecost–benefit analysis with natural gas. The findings indicate that renewable energy sources are more cost-effective andsustainable in the long term compared to conventional fuels. Accordingly, expanding renewable energy capacity by 2030is both economically viable and environmentally sound.The study also emphasizes the importance of gradually reducing fossil fuel subsidies, fostering private sectorinvestment, and strengthening regional energy cooperation.
renewable energy, green economy, cost–benefit analysis, levelized cost of energy (LCOE), solar energy, wind energy, Uzbekistan, energy policy.
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