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Economy 18/11/2024 Products manufactured in Uzbekistan using renewable energy to be more competitive in global markets

Products manufactured in Uzbekistan using renewable energy to be more competitive in global markets

Tashkent, Uzbekistan (UzDaily.com) —  By developing renewable energy sources, Uzbekistan is significantly boosting its competitiveness, stated Alex Wang, a representative of China Energy Overseas Investment in Uzbekistan. 

Currently, China Energy Overseas Investment has signed 14 investment contracts in Uzbekistan, with a total value of approximately US$2.7 billion. 

Among these is one of the largest solar power plants, commissioned last year. Additionally, Wang noted that three more solar energy projects are being implemented, two of which were launched by the Chinese company in September this year. Moreover, Uzbekistan is executing nine projects for battery storage systems and one project in wind energy. 

At present, 25 major projects for constructing energy storage systems are underway in Uzbekistan. 

In an interview with the Tahlilnoma program on Uzbekistan 24, Wang highlighted that an energy storage system with a capacity of 1,500 megawatts, currently under construction in the Fergana region, will represent a significant innovation for Uzbekistan’s entire energy infrastructure. This will be the first energy storage system in the country to connect to the power grid and the largest of its kind not only in Uzbekistan but also in Central Asia. 

The representative emphasized that the project will incorporate advanced technologies, including battery containers and a new energy management and control system. Uzbekistan is currently modernizing its energy grids to enhance compatibility with renewable energy sources. The energy storage system will play a key role in balancing the grid and ensuring its stable operation. 

Wang added that the Fergana Valley is one of the largest electricity consumers during the winter months. Due to long distances required for gas delivery from west to east, gas pressure in the network drops, leading to shortages for electricity generation. This issue is particularly pronounced during evening hours when temperatures drop and grid demand peaks. Under such conditions, a battery energy storage system will be highly beneficial, charging during the day and discharging in the evening to maintain network balance. 

Additionally, in winter, wind becomes a primary energy source. However, its variability can cause frequency fluctuations in the grid. The energy storage system will help maintain the required frequency and grid stability, while in emergencies, it can manage battery discharge and control voltage levels. 

According to Wang, Uzbekistan possesses substantial renewable energy resources and has set a target to increase renewable energy capacity to 20 gigawatts by 2030. 

Simultaneously, a program is being developed to expand renewable energy production and supply additional electricity to Europe, which will also reduce hydrocarbon consumption. 

The representative of the Chinese company noted that the development of renewable energy allows Uzbekistan to enhance its competitiveness, especially in international markets. 

Wang reminded that Uzbekistan is actively working toward joining the World Trade Organization (WTO), and many international markets now require products with green certifications. 

Products manufactured in Uzbekistan using renewable energy will thus become more competitive in global markets, Wang concluded. 

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