Development of Renewable Energy Sources in the Process of Transition to a Green Economy in Uzbekistan
DOI:
https://doi.org/10.51699/cajitmf.v7i2.1203Keywords:
Green economy, renewable energy, solar energy, wind energy, ecological sustainability, investment, solar panelsAbstract
The article explores the development and the outlook for renewable energy sources in the wake of Uzbekistan’s green economy transition. Statistics on the energy industry, development of wind energy, and economic and ecological efficiency are analyzed during the research. Solar and wind power plant construction, technologies implementation, and foreign investment attraction have gradually expanded electricity generation over the last years. At the same time, renewable energy sources reduce natural gas consumption and play an important role in ensuring ecological sustainability by decreasing the amount of harmful gases released into the atmosphere. The paper further points out that the increasing power generation benefits the entire population's energy supplies, creates new jobs and supports economic development. Moreover, the results of studies reveal that the policy implications are scientific as well as practical, which will also improve green energy policy in Uzbekistan.
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