With a power score of 2.39, Uzbekistan ranks number 23 among Emerging markets and number 8 in the Asia-Pacific region.
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Uzbekistan has a power score of 2.39, which puts it at rank 23 in the Emerging Markets power ranking. The power score of Uzbekistan is higher than the average of 2.17 in the Asia-Pacific region.
In the chart above all geographies within the region are arranged by power score from left to right. The circles are sized based on the population.
Uzbekistan implements policies in 5/8 categories tracked by Climatescope; Renewable energy target, Auctions/tenders (utility-scale), Support for customer-sited generation (rooftop and self-consumption), Tax incentives, and REC'S - Renewable Energy Certificates
The average electricity price in Uzbekistan has increased from ~$62/MWh in 2023 to ~$65/MWh in 2024. Since 2019, the average electricity price in Uzbekistan has fluctuated between ~$38/MWh in 2021 and ~$66/MWh in 2022.
The top amount of capacity installed in Uzbekistan in 2024 was in Natural gas at 14.52GW, up from 11.56GW in 2023.
The technology with the largest share of electricity generated in Uzbekistan in 2024 was Natural gas at 71.24TWh, up from 59.71TWh in 2023.
Investment in clean energy in Uzbekistan was around $2.90Bn in 2024. This amounts to an increase of around 43% from $2.03Bn in 2023.
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This is the 14th edition of Climatescope, BloombergNEF’s annual assessment of energy transition opportunities in emerging markets. It highlights how the energy transition is progressing in these markets and how they are harnessing the transition to boost attractiveness to outside investors.
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