DEVELOPMENT OF UZBEKISTAN'S ENERGY SECTOR IN THE CONTEXT OF THE TRANSITION TO A GREEN ECONOMY

Аннотация

The article is devoted to the analysis of the development of the energy sector of the Republic of Uzbekistan in the context of the transition to a green economy. A review of scientific research on the topic of sustainable development is presented, and macroeconomic trends in the country’s energy sector for the period 2016–2023 are examined, including the growth of electricity production, investments in infrastructure, and the development of renewable energy sources. Particular attention is paid to achievements in diversifying the energy balance, reducing the carbon intensity of the economy, and expanding private sector participation in the energy sector. The obtained results make it possible to conclude that there is a positivedynamic in Uzbekistan’s transition toward a sustainable and environmentally friendly energy system. Keywords: green economy, energy sector, sustainable development, renewable energy sources, investments,Uzbekistan, decarbonization oftheeconomy. Аннотация. Статья посвящена анализу развития энергетического сектора Республики Узбекистан в условиях перехода к зелёной экономике. Проведён обзор научных исследований по теме устойчивого развития, рассмотрены макроэкономические тенденции в энергетике страны за 2016–2023 годы, включая рост производства электроэнергии, инвестиции в инфраструктуру, развитие возобновляемых источников энергии. Особое внимание уделено достижениям в области диверсификации энергетического баланса, снижению углеродоемкости экономики и расширению участия частного капитала в энергетическом секторе. Полученные результаты позволяют сделать вывод о позитивной динамике перехода Узбекистана к устойчивой и экологически чистойэнергетике. Ключевые слова. зелёная экономика, энергетический сектор, устойчивое развитие, возобновляемые источники энергии, инвестиции, Узбекистан, декарбонизация экономики. Introduction. The topic of the green economy is actively studied both in global science and within national economies, including Uzbekistan. A number of scholars are developing models for the sustainable use of natural resources and are examining the economic and environmental implications ofthetransition to agreen economy. Literature Review. American economists such as Greta Green study issues of sustainable natural resource management in developing economies, including water and waste management. Michael Porter is well known for his research in the field of competitiveness and the green economy. He argues that environmental innovations can promote growth and enhance the competitiveness of national economies. Richard Florida explores the concept of sustainable development and the impact of green technologies on the socio-economic development of cities and regions. Joseph Stiglitz focuses on the economic consequences of environmental changes andtheneed to adapt economic models to therequirements ofsustainabledevelopment. page492 INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE ISSN:2692-5206,ImpactFactor:12,23 AmericanAcademicpublishers,volume05,issue06,2025 Journal: https://www.academicpublishers.org/journals/index.php/ijai In addition, local economists such as M. Baydzhiev and M. Khodjaev study the specifics of the green economy in Uzbekistan, including an analysis of the state of water and energy resources, as well as the prospects for implementinggreen technologies. These studies provide a foundation for building a model of a green economy in Uzbekistan and help identify the economic and social changes necessary for a successful transition to sustainabledevelopment. Research Methodology. The methodological basis of the study includes the analysis of statistical data, a review of scientific literature, and the systematization of development trends inUzbekistan's energy sector within thecontextofthe global transition to agreeneconomy. Analysis. In the 21st century, energy issues have acquired a new dimension, going beyond the traditional focus on resource supply. For the Republic of Uzbekistan, the development of the energy sector has become not only an economic but also an environmental challenge. In the context of striving for sustainable development, reducing the carbon footprint, and transitioning to a green economy, the country stands on the threshold of a large-scale transformation of its energy system. The growing domestic demand for energy, the deterioration of a significant portion of the energy infrastructure, the need to diversify energy sources, and improve energy efficiency require a comprehensive approach to the development of the sector. Alongside the modernization of traditional energy capacities, Uzbekistan is actively implementing projects for the introduction of renewable energy sources such as solar and wind power. These initiatives are supported at the state level and are reflected in key strategic documents. This article aims to analyze the current state of the energy sector of the Republic of Uzbekistan, assess the key directions of its development, and examin