Uzbekistan Forecasts 123 Bn kWh Electricity Consumption by 2035

According to a forecast by Boston Consulting Group, Uzbekistan’s electricity consumption is expected to nearly double by 2035, rising from 68 to 123 bn kWh. This was announced by Igor Alekseev, Managing Director at BCG, during the «Investor Day» event, as reported by Kursiv Uzbekistan.

The primary drivers of this growth will be the industrial sector, residential consumption, transport and digital infrastructure. Industrial enterprises are projected to increase their electricity usage from 27 to 56 bn kWh. Household consumption will grow from 19 to 28 bn kWh, while the transition to electric heating will contribute an additional 10 bn kWh. Electrification of transport is anticipated to boost demand from 1.6 to 5.5 bn kWh, and the development of data centres will add up to 9 bn kWh.

To meet this rising demand, Uzbekistan plans a large-scale expansion of its energy capacity, aiming to install around 34 GW of new facilities, primarily based on solar and wind energy. The infrastructure development plan includes the construction of 9,000 kilometres of power transmission lines, more than 30 new high-voltage substations and approximately 800 distribution transformer nodes.

Alekseev noted that the government has approved a strategic development plan for the energy sector through to 2035. As part of this programme, by 2028 Uzbekistan intends to launch a wholesale electricity market, shift to hourly pricing, implement RAB tariffs, involve private operators in network management and prepare key companies for initial public offerings.

Kursiv also reports that since January 2025, Uzbekistan’s solar and wind power stations have produced 9 bn kWh of electricity.