Uzbekistan plans to export 10-15 billion kWh of electricity abroad by 2030, according to Deputy Minister of Energy Umid Mamadaminov, who discussed the initiative in an interview on November 6 during the “Days of European Economy in Uzbekistan” forum.
“In 2030, electricity demand is projected to be around 120-125 billion kWh. Our generation capacity will reach approximately 135 billion kWh. Once the necessary infrastructure is ready, we’ll be able to export electricity to Europe,” Mamadaminov explained.
At a meeting in Astana in August, Uzbekistan outlined plans to start exporting surplus electricity to Europe by 2030. Energy Minister Jurabek Mirzamahmudov noted that if the joint project with Kazakhstan and Azerbaijan to lay a cable under the Caspian Sea is successful, Uzbekistan will be able to transmit excess energy to Europe. Mirzamahmudov said that renewable energy capacity would exceed 4 GW by the end of this year and is expected to reach over 20 GW by 2030, with 2-5 GW available for export.
In the summer, Uzbekistan, Kazakhstan, and Azerbaijan agreed on a draft strategic partnership to develop and transmit green energy. The agreement includes terms for a preliminary feasibility study, which is being developed by the Italian company CESI.
“We selected CESI to handle the project’s feasibility study,” Mamadaminov stated. “The study will take about a year and a half to complete, with an expected finish date by the end of 2025. Following this, construction will begin based on the study. The project requires around 2,500 km of HVDC (high-voltage direct current) cable, which will be costly—exceeding $2 billion.”
Mamadaminov added that the electricity price will be market-driven but is expected to start at around 4-5 cents per kilowatt.
