European Journal of Economics, Finance and Business Development

RENEWABLE ENERGY SOURCES AND THEIR IMPORTANCE IN CENTRAL ASIAN COUNTRIES

Adilova Marguba Tursunaliyevna

Associate Professor of the "Green" Economy Department, Tashkent State University of Economics, Islam Karimov Street 49, Tashkent, Uzbekistan

Najmiddinov Yakhyo Fazliddin ugli

Senior Lecturer of the "Green" Economy Department, PhD Researcher of the "Green" Economy Department, Tashkent State University of Economics, Islam Karimov Street 49, Tashkent, Uzbekistan.

Jamalov Bejan Xurshidovich

Assistant Teacher of the “Green” Economy Department, Tashkent State University of Economics, Islam Karimov Street 49, Tashkent, Uzbekistan

Keywords: Renewable energy, low-carbon energy, clean energy, energy efficiency, energy efficiency.

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Abstract

Renewable energy is becoming increasingly important day by day, the main reasons for this are the constant increase in the world's population and the increasing demand for energy, the decreasing natural resources year by year, and climate change, which is a major problem worldwide. Renewable energy is not only considered a priority in the socio-economic sphere, but is also becoming a state priority for all countries today. This article presents an econometric analysis of renewable energy sources in Central Asian countries (Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Afghanistan), their growth trends, and their current significance at the country level.and statistical analyses and forecasts for the next 5 years were carried out.