DIGITALIZATION PROCESSES IN THE ENERGY COMPLEX OF UZBEKISTAN

Authors

  • Muhammad Eid BALBAA PhD, Associate Professor of World Economy Department, faculty of Corporate Governance, Tashkent State University of Economics, Uzbekistan
  • Marina Sagatovna ABDURASHIDOVA Senior Lecturer of the Department of Finance and Business Analytics, Tashkent State University of Economics, Uzbekistan

Keywords:

Digitalization, Smart Grid, Advanced Metering Infrastructure, Renewable Energy, Energy Efficiency, Energy Security, and Uzbekistan.

Abstract

The energy sector in Uzbekistan has been undergoing digitalization processes to improve efficiency, reduce costs, and enhance the reliability and security of energy supply. This article explores the digitalization efforts in Uzbekistan's energy sector, with a focus on smart grid technologies and the adoption of advanced metering infrastructure (AMI) for gas and electricity. Uzbekistan has been deploying smart grid technologies to modernize its energy infrastructure, integrate renewable energy sources, and optimize energy generation, transmission, and distribution processes. The adoption of AMI has improved billing accuracy and reduced operating costs. Uzbekistan is investing in renewable energy sources, with a goal to increase its renewable energy capacity to 25% of total electricity generation by 2030. The country is developing a digital energy platform that will use advanced data analytics and machine learning algorithms to optimize energy use and improve the efficiency and reliability of the energy system.

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Published

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Issue

Vol. 10 No. 3 (2023): EPRA International Journal of Economics, Business and Management Studies (EBMS)

Section

Articles